Portfolio Manager - Asset-Based Finance jobs in United States
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U.S. Bank · 12 hours ago

Portfolio Manager - Asset-Based Finance

U.S. Bank is on a journey to help customers and businesses make better financial decisions. The ABL Portfolio Manager will manage a portfolio of ABL credit relationships, support revenue growth, and deepen customer relationships while ensuring compliance with bank policies and procedures.

BankingFinancial ServicesInsuranceMortgageWealth Management

Responsibilities

Manage an assigned portfolio of ABL credits, including direct/agented facilities and purchased participations
Monitor and manage credit risk across all assigned customer relationships
Ensure full adherence to bank policies and procedures, regulatory requirements, and compliance standards
Respond promptly to customer credit requests
Underwrite ancillary credit exposure to support customer needs
Assist the Underwriting team with new business transactions, as needed
Conduct regular customer meetings to deepen relationships and identify cross sell or expansion opportunities
Serve as a key point of contact for credit related discussions and problem resolution
Escalate credit concerns clearly and efficiently to senior management
Review, negotiate, and coordinate legal documentation with customers, counsel, and internal partners
Partner with operations, field examination, appraisal, and compliance teams to ensure accurate reporting and loan monitoring
Mentor and provide training support to junior team members, contributing to the development of the broader ABL team

Qualification

ABL portfolio managementRelationship managementAnalytical skillsProblem-solving skillsTeam-oriented environmentCommunication skills

Required

Bachelor's degree, or equivalent work experience
Six to eight years of relevant experience

Preferred

Three or more years of ABL portfolio management experience
Strong relationship management and business development skills
Strong analytical and problem-solving skills
Excellent presentation, verbal and written communication skills
Ability to work effectively in a fast-paced, team-oriented environment

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 401(k) contribution and pension

Company

U.S. Bank

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At U.S.

Funding

Current Stage
Public Company
Total Funding
$991M
Key Investors
U.S. Department of the TreasuryMitsubishi UFJ Financial Group
2023-09-29Post Ipo Debt· $55M
2023-08-03Post Ipo Debt· $936M
1978-01-13IPO

Leadership Team

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John C Stern
CFO
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Shruti Patel
Executive Vice President & GM, CPO- Business Banking segment
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Company data provided by crunchbase