Commercial Portfolio Manager
About The Position
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Position Highlights Manages Corporate Payment Systems (CPS) credit risk within the parameters of established Bank credit policy and historical CPS loss rates for new and existing business relationships Underwrites CPS customers and qualifies them for credit lines across a wide range of industries, manages assigned credit portfolios, approves credit for new business relationships and expanding existing relationships manages credit risk and responds to prospective or existing customer credit questions, and exercises independent judgment on assigned portfolios In addition, provides customer service by participating in joint customer calls with Sales and Relationship Manager(s), when credit issues arise
Requirements
- Bachelor's degree (preferably in Finance or Accounting), or equivalent work experience
- Three to five years of commercial banking or relevant experience
- Advanced knowledge of applicable laws and regulations, and company and business line policies and procedures
- Advanced knowledge of credit quality standards and industry-specific credit products
- Strong relationship management and business development abilities, in order to capitalize on both new and existing relationship opportunities
- Strong analytical and problem-solving skills
- Ability to work effectively with individuals and groups across the company to manage customer relationships
- Well-developed written communication and verbal presentation skills
- Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Responsibilities
- Manages Corporate Payment Systems (CPS) credit risk within the parameters of established Bank credit policy and historical CPS loss rates for new and existing business relationships
- Underwrites CPS customers and qualifies them for credit lines across a wide range of industries
- Manages assigned credit portfolios
- Approves credit for new business relationships and expanding existing relationships
- Manages credit risk
- Responds to prospective or existing customer credit questions
- Exercises independent judgment on assigned portfolios
- Provides customer service by participating in joint customer calls with Sales and Relationship Manager(s), when credit issues arise
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
- Incentive and recognition programs
- Equity stock purchase
- 401(k) contribution and pension (all benefits are subject to eligibility requirements)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
