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

　　This position is for a mid-level Portfolio Manager on the Northern California Commercial Banking team. The ideal candidate will have 5-7 years of experience underwriting commercial banking credit, including revolving lines of credit, term loans, and real estate financing among other types of credit such as ACH, FX, etc.

　　The Portfolio Manager partners with assigned Relationship Manager (s) to successfully manage Commercial Banking credit account relationships. Grows revenue as directed by senior management by successfully closing new business relationships and retaining and expanding relationships with existing customers. 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. The Portfolio Manager will cover an assigned client portfolio and will work with relationship managers and product partners to address client and prospect requests, as well as routine monitoring of the existing portfolio.

　　Responsibilities include: Underwriting all types of credit account exposure, managing an assigned credit portfolio, successfully closing new business relationships and expanding existing relationships, managing credit risk and responding to prospect or customer credit questions and making independent calls on assigned portfolio of relationships. Secondarily, provides customer service, participates in joint sales calls with Relationship Manager (s) and identifies customer needs. Some occasional travel will be necessary for client meetings and bank events, but typically limited to the local market area.

　　While we do provide some on 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.

　　Other desired attributes include attention to detail, superior critical thinking skills, focus on meeting deadlines, and ability to multitask.

　　Basic Qualifications

　　Bachelor's degree, or equivalent work experience

　　Five to seven years of commercial banking experience

　　Please note that the Commercial Banking team at U. S. Bank is currently operating under a hybrid model. Team members are expected to work from their assigned office up to 3 days per week, with remaining 2-3 days worked from home depending on team schedules. The model may change in the future, but currently this position is not a fully remote or work-from-home role and the Portfolio Manager will need to reside in the local market as this position will be based in Sacramento or Fresno office.

　　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.

　　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 (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/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO poster.

　　E-Verify

　　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: $107,865.00 - $126,900.00 - $139,590.00

　　Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.