ICG Portfolio Manager - Private Capital and Acquisition Finance

U.S. Bank • Minneapolis, MN

1d • $105,400 - $124,000 • Hybrid

About The Position

The Private Capital & Global Asset Management Group – Private Equity (PCGAM – PE) covers a range of asset managers predominantly focused on private equity strategies. PCGAM - PE is a national platform comprised of ~20 professionals throughout the country with a primary presence in New York, Minneapolis and Portland. The Private Capital & Acquisition Finance Group (PCAF) is a specialized lending arm within PCGAM that focuses on providing a multitude of senior debt products to middle market and large-cap private equity sponsors to execute acquisitions, mergers, recapitalizations, and other growth initiatives within the private equity universe. U.S. Bank Leveraged Finance Group is seeking a motivated individual to add as a credit analyst or portfolio manager to the underwriting and portfolio management team. This individual will be a vital member overseeing a sub-set of assigned portfolio companies / borrowers as part of ongoing portfolio management and a key individual on origination deal teams evaluating new transactions.

Requirements

• Bachelor's degree, or equivalent work experience
• Four to six years of relevant experience
• Solid foundational grasp of general accounting principles, understanding of financial statements, financial analysis, and corporate finance understanding.
• Self-starter with willingness to work hard under pressure, while also developing ways to work smarter (assist in the improvement of tools, models, processes, etc.)
• Ability to work independently and at times, in an opaque environment with limited oversight.
• Innate curiosity in different industries / companies, sponsor finance, banking, capital markets, and the private equity landscape.
• Team focused attitude with a sense of curiosity, humility, and adaptability to work towards a common goal – to see a transaction through to close.
• Highly proficient in Excel, Word, and PowerPoint.
• 2 – 5 years of work experience in corporate finance, public accounting, senior credit (commercial, corporate, capital markets), mezzanine lending, and other similar backgrounds.
• Ability to travel periodically as needed (10%) to attend lender meetings, onsite visits, and travel to other U.S. Bank offices.

Nice To Haves

• Degree in accounting / finance / economics preferred but not required.

Responsibilities

• Perform LBO / financial modeling (historical and pro forma cash flow and credit analysis modeling; DCF, sensitivity modeling) to facilitate evaluation of new transaction opportunities and ongoing portfolio review/monitoring.
• Perform on-going / quarterly borrower performance reviews / analysis and prepare quarterly monitoring reports and provide internal credit rating recommendations based on borrower performance. Hold accountability for an assigned group of portfolio credits.
• Prepare and assist in the presentation of new opportunity screening memos and new borrower credit approval memos / write-ups, as well as preparing and presenting amendment / incremental financing recommendations.
• Conduct borrower market diligence, borrower financial analysis, assessing key credit risk to determine appropriate credit recommendations as part of the new borrower evaluation process.
• Develop an understanding for credit / underwriting policy and maintain accountability of oversight for assigned portfolio and quality of underwriting.

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