Institutional Client Group Credit Senior Portfolio Manager - Core Middle Market Originations
About the role
Job Description
Team Leadership
- Build and lead the new team, including intake, workflow, and operating rhythm.
- Recruit, develop, and coach a team of experienced portfolio managers and early-career talent.
New Client Underwriting
- Lead the credit assessment of new prospect opportunities from initial deal assessment through credit approval, documentation, and closing.
- Review and approve credit requests within delegated lending authority and escalate as appropriate.
- Develop well-supported, competitive credit structures, including covenants, collateral, and relationship return considerations, that balance growth with sound risk management.
- Ensure accurate risk ratings and appropriate leveraged lending assessments, and manage within applicable hold and risk limits.
Business Partnership
- Partner with Middle Market Relationship Managers on prospect calls and provide early, clear credit feedback so the team focuses on opportunities that fit the bank's risk appetite.
- Coordinate with industry-focused portfolio management teams on opportunities aligned with their coverage, and ensure a smooth handoff of new relationships for ongoing portfolio management.
- Manage the team's pipeline and drive timely turnaround on prospect opportunities.
Credit Quality, Compliance & Insight
- Ensure credit processes are adequate, including timely credit requests, past due management, credit quality goals, and compliance.
- Track pipeline, approval, win/loss, and decline outcomes, and share market feedback with ICG Credit leadership and Credit Risk Management to inform credit policy, process improvements, and Middle Market strategy.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- 10 or more years of banking experience
- Five or more years of management experience
Preferred Skills/Experience
- Significant Middle Market commercial lending and underwriting experience, including new client acquisition
- Proven track record of structuring and closing competitive credit transactions for middle market companies
- Advanced knowledge of commercial lending policy, all applicable laws and regulations, credit quality standards, and company and business line policies and procedures
- Advanced knowledge of credit products
- Working knowledge of risk rating methodologies, leveraged lending guidance, and loan origination systems such as nCino
- Well-developed leadership abilities and strategic management skills, including experience building teams and developing early-career talent
- Strong client-facing skills and the ability to build trusted partnerships with Relationship Managers
- Strong analytical, decision-making, and problem-solving skills, with sound judgment under tight timelines
- Effective verbal and written communication skills
- Considerable tact and diplomacy skills, with the ability to work effectively across business lines, credit teams, and Credit Risk Management
Location expectations
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 .
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.
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