Credit Portfolio Manager - Insurance Premium Finance

U.S. Bank • Minneapolis, MN

1d • Onsite

About The Position

U.S. Bank is searching for an experienced credit professional to join our dedicated Insurance Premium Finance (IPF) Credit Portfolio Management team. The Credit Portfolio Manager partners with Relationship Managers to successfully manage and grow IPF credit relationships. This includes partnering with internal and external clients to support retaining and expanding relationships with existing customers and supporting growth opportunities that align with the business strategy.

Requirements

• Bachelor's degree, or equivalent work experience
• Three to five years of relevant experience

Nice To Haves

• Thorough credit underwriting knowledge with experience in complex individual underwriting.
• Thorough understanding of credit standards, policies, procedures, government agency compliance (Reg B, H, O, etc.)
• IPF product experience preferred but not required
• Strong analytical and problem-solving skills
• Well-developed written communication and verbal presentation skills
• Ability to work effectively with individuals and groups across the company to manage customer relationships
• Has aptitude to work on several time sensitive deals, projects and tasks at one time in a fast paced environment.

Responsibilities

• Fulfill underwriting requirements while providing accurate, timely and conclusive credit memos
• Perform due diligence on prospective borrowers and new opportunities and assist in preparing the initial reviews
• Coordinates work with, Credit Risk Management and other groups, promoting consistent quality and conciseness of credit documents and streamlining work flow among underwriting, credit approval and Credit Risk Management
• Participates and contributes in credit approval discussions
• Participates in joint client calls with relationship managers, clients and advisors.
• Performs timely covenant compliance and collateral valuation updates
• Assists relationship managers in working with internal and external legal counsel reviewing and ensuring accuracy of credit agreements
• Assists relationship managers in loan structuring to win without undue risk to Bank
• Understand and comply with all U.S. Bank Credit Policies and Procedures

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: Mid Level
• Number of Employees: 5,001-10,000 employees