Head of ABF Underwriting and Portfolio Management

U.S. Bank National Association • Detroit, MI

2d • $238,765 - $280,900

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.
Job Description
Functions as the Head of Underwriting and Portfolio Management for the Asset-based Finance (ABF) group. Oversees a national team of credit analysts and portfolio managers responsible for the loan underwriting, loan structuring, and portfolio monitoring activities. Coordinates with loan originators, and credit approvers to analyze, structure, document and close new loans to drive business growth. Over sees all loan surveillance activities such as covenant monitoring, risk ratings, and credit reviews.

Requirements

• Bachelor's or Master's degree in finance, accounting or other related field
• 15 or more years of banking experience
• Eight or more years of management experience

Nice To Haves

• Deep ABL experience and strategic vision.
• Ability to lead change and unify underwriting and PM functions.
• Strong analytical, organizational, and communication skills.
• Experience managing large, syndicated credit facilities
• Strong leadership abilities and strategic management skills
• Thorough knowledge of division and relation to industry
• Excellent verbal and written communication skills
• Excellent analytical, decision-making and problem-solving skills
• Considerable tact, diplomacy and people skills

Responsibilities

• Oversees a national team of credit analysts and portfolio managers responsible for the loan underwriting, loan structuring, and portfolio monitoring activities.
• Coordinates with loan originators, and credit approvers to analyze, structure, document and close new loans to drive business growth.
• Over sees all loan surveillance activities such as covenant monitoring, risk ratings, and credit reviews.

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: Executive
• Number of Employees: 501-1,000 employees