Job DescriptionU.S. Bank is searching for an experienced credit professional to join our dedicated Insurance Premium Finance (IPF) Credit Portfolio Management team.
The Credit Portfolio Manager partners with Relationship Managers to successfully manage and grow IPF credit relationships. This includes partnering with internal and external clients to support retaining and expanding relationships with existing customers and supporting growth opportunities that align with the business strategy.
Primary responsibilities include:
• Fulfil underwriting requirements while providing accurate, timely and conclusive credit memos
• Perform due diligence on prospective borrowers and new opportunities and assist in preparing the initial reviews
• Coordinates work with, Credit Risk Management and other groups, promoting consistent quality and conciseness of credit documents and streamlining work flow among underwriting, credit approval and Credit Risk Management
• Participates and contributes in credit approval discussions
• Participates in joint client calls with relationship managers, clients and advisors.
• Performs timely covenant compliance and collateral valuation updates
• Assists relationship managers in working with internal and external legal counsel reviewing and ensuring accuracy of credit agreements
• Assists relationship managers in loan structuring to win without undue risk to Bank
• Understand and comply with all U.S. Bank Credit Policies and Procedures
Basic Qualifications • Bachelor's degree, or equivalent work experience
• Three to five years of relevant experience
Preferred Skills/Experience • Thorough credit underwriting knowledge with experience in complex individual underwriting.
• Thorough understanding of credit standards, policies, procedures, government agency compliance (Reg B, H, O, etc.)
• IPF product experience preferred but not required
• Strong analytical and problem-solving skills
• Well-developed written communication and verbal presentation skills
• Ability to work effectively with individuals and groups across the company to manage customer relationships
• Has aptitude to work on several time sensitive deals, projects and tasks at one time in a fast paced environment.
Additional considerations regarding base pay levels are based on candidate qualifications. Your compensation expectations will be discussed with a U.S. Bank recruiter if you are contacted to discuss the role further.Benefits:Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
- 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
Review our full benefits available by employment status here.
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: $98,280.00 - 120,120.00
Posting may be closed earlier due to high volume of applicants. 
