Job DescriptionICG Portfolio Manager - Private Capital & Acquisition FinancePCGAM - Private Equity Summary: 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.
Position Description: 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.
- 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.
Basic Qualifications- Bachelor's degree, or equivalent work experience
- Four to six years of relevant experience
Preferred Skills/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.
- Degree in accounting / finance / economics preferred but not required.
- 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.
Location Expectations: This role will require three (3)+ days per week in the office at one of the listed U.S. Bank hub locations.
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: $105,400.00 - $124,000.00
Posting may be closed earlier due to high volume of applicants.