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U.S. Bank Commercial Banking Credit Portfolio Manager – Sacramento or San Francisco in San Francisco, California

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 at—all from Day One.

Job Description

U.S. Bank currently has an opportunity for an experienced credit banking professional to join our Commercial Banking team.

As a Portfolio Manager, you will partner with assigned Relationship Managers to successfully manage Commercial Banking credit account relationships with middle market companies. You will support revenue growth and the business development strategy as directed by senior management. The Commercial Banking team generally covers companies with over $25MM in annual revenues up to $1Billion in annual revenues and provides all related banking products and services in partnership with other groups in the Bank. Your high touch customer service excellence will be key to successfully closing new business relationships as well as retaining and expanding relationships with existing customers.

While we do provide some of the job training, the ideal candidate should have familiarity with Commercial Banking underwriting including financial statement spreading and analysis, assigning risk ratings, testing financial covenants, completing annual reviews, and reviewing legal documentation.

Responsibilities will include:

  • underwrite all types of credit account exposure

  • manage an assigned credit portfolio, successfully closing new business relationships and expanding existing relationships

  • manage credit risk and responding to prospect or customer credit questions and making independent calls on assigned portfolio of relationships

  • provide mentoring / training to peers

  • participate in joint sales calls with Relationship Managers to identify and address customer needs.

This position will work from our San Francisco or Sacramento office locations and offers a hybrid work arrangement. Team members who are in a hybrid role typically spend three days a week at a U.S. Bank location, while having flexibility on their work location for the other working days.

Occasional travel will be necessary for client meetings and bank events, but typically is limited to the local market area.

Basic Qualifications:

  • Bachelor's degree, or equivalent work experience

  • Seven to 10 years of commercial banking experience

Preferred Skills/Experience:

  • Commercial banking credit underwriting that includes experience in revolving lines of credit, term loans, real estate and syndicated financing

  • Extensive knowledge of commercial lending policy, all applicable laws and regulations, credit quality standards, company and business line policies and procedures

  • Strong analytical and problem-solving skills

  • Ability to work effectively with individuals and groups across the company to manage customer relationships

  • Well-developed written communication and verbal presentation skills

  • Detail-oriented

  • Ability to multi-task and prioritize, and work efficiently to meet deadlines

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 (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .

Learn how the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.


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 (some may vary based on role, location or hours):

  • 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

EEO is the Law

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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) EEO poster.


U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .

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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $117,215.00 - $137,900.00 - $151,690.00

U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.

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.