Corporate Banking Portfolio Manager Team Lead for Asset Based Finance

U.S. Bank • Chicago, IL

6d • Hybrid

About The Position

The Corporate Banking Portfolio Manager Team Lead (PMTL) for Asset Based Finance (ABF) provides leadership and oversight to a team of Portfolio Managers and a Credit Analyst. This role is responsible for a large portfolio of active clients, involving the assessment of complex loan requests, ensuring clients are appropriately risk-rated and managed, and developing relationships with key clients and internal partners. The PMTL ensures high-level credit process execution, including timely completion of credit requests, past due management, credit quality goals, problem credit management, and compliance.

Requirements

• Significant experience in Asset Based Lending is Required
• Bachelor's or Master's degree in finance, accounting or other related field
• 10 or more years of banking experience
• Five or more years of management experience
• Ability to interact effectively with all levels of management
• Ability to be collaborative as we work closely with several business partners throughout the Bank

Nice To Haves

• Strong leadership abilities and strategic management skills
• Strong focus on improving process and efficiency
• Excellent verbal and written communication skills
• Excellent analytical, decision-making and problem-solving skills
• Considerable tact, diplomacy and people skills

Responsibilities

• Lead, mentor, and develop a high-performing team of Portfolio Managers and a Credit Analyst within the Asset Based Finance (ABF) business.
• Manage a large portfolio of complex commercial lending relationships, ensuring effective risk management and strong portfolio performance.
• Provide coaching, performance management, and professional development opportunities to enhance team effectiveness and succession planning.
• Review and assess complex credit requests, loan modifications, renewals, and other financing transactions to support client needs while maintaining sound credit quality.
• Oversee portfolio risk ratings, credit monitoring activities, and problem credit management to ensure customers are appropriately managed and risk is accurately assessed.
• Ensure the timely completion of all credit processes, including annual reviews, credit approvals, past-due management, and portfolio reporting.
• Maintain compliance with bank policies, regulatory requirements, CRA obligations, and Portfolio Risk Management standards.
• Build and maintain strong relationships with key clients, serving as a trusted advisor and escalation point for credit-related matters.
• Partner closely with Relationship Managers, Underwriting, Risk Management, Operations, Legal, Compliance, and senior leadership to support strategic business objectives.
• Communicate credit concerns, portfolio trends, and risk exposures effectively to all levels of management.
• Lead discussions regarding complex credit structures and develop solutions that balance client needs with the bank's risk appetite.
• Review, negotiate, and coordinate loan documentation with customers, legal counsel, and internal business partners.
• Drive operational excellence by identifying process improvements and implementing best practices to enhance efficiency and service quality.
• Foster collaboration across multiple business lines and support functions to ensure seamless execution of credit and portfolio management activities.
• Monitor portfolio performance metrics and ensure achievement of credit quality, service level, and risk management goals.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Manager