Head of ABF Underwriting and Portfolio Management

U.S. Bank • Minneapolis, MN

1d

About The Position

Functions as the Head of Underwriting and Portfolio Management for the Asset-based Finance (ABF) group. This role oversees a national team of credit analysts and portfolio managers responsible for loan underwriting, loan structuring, and portfolio monitoring activities. The Head of ABF Underwriting and Portfolio Management coordinates with loan originators and credit approvers to analyze, structure, document, and close new loans to drive business growth. Additionally, this position oversees all loan surveillance activities, including 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.
• Oversees 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
• incentive and recognition programs
• equity stock purchase
• pension

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees