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U.S. Bancorp
Portfolio Manager - Asset Based LendingU.S. Bancorp • New York, NY, United States
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Portfolio Manager - Asset Based Lending

Portfolio Manager - Asset Based Lending

U.S. Bancorp • New York, NY, United States
17 days ago
Salary
$133,365.00–$156,900.00 yearly
Job type
  • Full-time
Job description

ABL Portfolio Manager

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 atall from Day One.

The ABL Portfolio Manager partners closely with Relationship Managers and Business Development Officers to effectively manage a portfolio of ABL credit relationships. The role supports revenue growth by deepening existing customer relationships and collaborating with Underwriting to close new business opportunities. Manages an assigned portfolio by monitoring credit risk, ensuring compliance, and supporting customer credit needs through underwriting and transaction execution while partnering with internal teams. Builds and maintains strong customer relationships, escalates risk concerns, collaborates across functions, and supports team development through mentoring and training.

Basic Qualifications:

  • Bachelor's degree or equivalent work experience.
  • Eight or more years of relevant experience.

Preferred Skills/Experience:

  • Travel is required less than 10% of time.
  • Three or more years of ABL portfolio management experience.
  • Extensive knowledge of ABL commercial/corporate lending and credit standards, policies, procedures and products, including financial statements, field exams, appraisals, and borrowing bases.
  • 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.

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00

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Portfolio Manager - Asset Based Lending • New York, NY, United States

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