U.S. Bank Portfolio Manager (Healthcare, Higher Education, and Not-for-Profit) in Chicago, Illinois
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
Job DescriptionResponsible for the active management of a portfolio of exposure to Healthcare, Higher Education, and Not-for-Profit (HHEN) Clients. Supports HHEN sectors in providing timely and creative responses to customer and prospect credit needs. Partners within and outside the division to retain and expand existing relationships and win new ones. Provides specialized support in credit transaction structuring since much of the financing extended will be tax-exempt in nature, with some taxable financings.
Responsibilities Include – Underwriting Healthcare, Higher Education, and Not-for-Profit entities credit exposure – Managing assigned credit portfolio – Monitoring credit risk within that portfolio, which includes: Timely preparation of annual reviews
Periodic monitoring of covenant compliance
Timely spreading and review of financial statements upon receipt
Identifying industry trends that create risk for the bank or for the customer
Documenting credit actions and timely preparation of credit write-ups
Addressing policy and documentation exceptions
– Generation of term sheets and negotiation of loan/ credit transaction documents – Responding to prospect or customer credit questions – Conducting pricing analysis for credit risk incurred to help maintain the bank’s profitability return objectives – May participate in sales and relationship review activity and identify cross-sell opportunities
Basic Qualifications – Bachelor's degree, or equivalent work experience – Eight or more years of relevant experience
Preferred Skills/Experience – Knowledge of HHEN sector lending and credit standards, policies, procedures and products – Strong relationship management and business development skills – Strong analytical and problem-solving skills – Effective presentation, verbal and written communication skills
Telecommuting/Office Location During the pandemic this position will be onboarded and worked remotely/from home. Once it's safe, employees will be expected to return to the office again; therefore, our ideal candidate lives within commuting distance to our Midtown Manhattan office, Downtown Chicago office (The Loop), OR our Downtown Cincinnati office.
Benefits: Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.
EEO is the Law Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law poster.
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U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.