Portfolio Manager-Asset Based Lending

Job Summary The ABL Portfolio Manager partners closely with Relationship Managers and Business Development Officers to manage a portfolio of asset‑backed lending (ABL) credit relationships. The role supports revenue growth by deepening existing customer relationships and collaborating with underwriting to close new business opportunities while managing credit risk and ensuring compliance. Responsibilities Manage an assigned portfolio of ABL credits, including direct/agent‐led facilities and purchased participations. Monitor and manage credit risk across all assigned customer relationships. Ensure full adherence to bank policies, procedures, regulatory requirements, and compliance standards. Respond promptly to customer credit requests and underwrite ancillary credit exposure. Assist the underwriting team with new business transactions as needed. Conduct regular customer meetings to deepen relationships and identify cross‑sell or expansion opportunities. Serve as a key point of contact for credit‑related discussions and problem resolution. Escalate credit concerns clearly and efficiently to senior management. Review, negotiate, and coordinate legal documentation with customers, counsel, and internal partners. Partner with operations, field examination, appraisal, and compliance teams to ensure accurate reporting and loan monitoring. Mentor and provide training support to junior team members, contributing to the development of the broader ABL team. Qualifications Basic Qualifications: Bachelor's degree or equivalent work experience. Eight or more years of relevant experience. Preferred Skills/Experience: Travel required less than 10% of the time. Three or more years of ABL portfolio management experience. Extensive knowledge of ABL commercial/corporate lending and credit standards, policies, procedures and products, including financial statements, field exams, appraisals, and borrowing bases. Strong relationship management and business development skills. Strong analytical and problem‑solving skills. Excellent presentation, verbal and written communication skills. Ability to work effectively in a fast‑paced, team‑oriented environment. Benefits 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 Compensation Pay Range: $139,230.00 - $163,800.00. The actual range may differ based on the role location. In addition, U.S. Bank offers incentive and recognition programs, equity stock purchase, 401(k) contribution, and pension (all benefits are subject to eligibility requirements). Legal and Compliance Notice 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. 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. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. Certain positions may also be subject to FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies. Accommodations 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. Posting Status Applications may close earlier due to high volume of applicants. #J-18808-Ljbffr U.S. Bank