Commercial Real Estate Portfolio Manager (Underwriter)

Commercial Real Estate Portfolio Manager (Underwriter)

U.S. Bank

Job Description

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.

Position Highlights

• Manages portfolio risk by ensuring timeliness and accuracy of all credit actions, provides guidance on credit structure and risk rating decisions and participates in pre‑flight discussions.
• Coordinates work with Credit, Loan Administration and other groups, promoting consistent quality and conciseness of credit documents and streamlining workflow among underwriting, credit approval and loan administration.
• Oversees a team of Assistant Relationship Managers (ARM) to direct and coordinate the internal credit workflow, provide initial and ongoing training to existing and new ARMs, keep existing portfolio audit‑ready and allocate resources where needed.

Basic Qualifications

• Bachelor's degree or equivalent work experience.
• Seven to ten years of commercial lending experience.

Preferred Skills And Experience

• Advanced knowledge of commercial lending policy, government agency compliance (Reg B, H, O, etc.), all applicable laws and regulations, credit quality standards, company and business line policies and procedures.
• Advanced knowledge of credit products.
• Strong analytical and problem‑solving skills.
• Strong leadership ability to mentor and coordinate the work of others.
• Well‑developed written communication and verbal presentation skills.

Hybrid / Flexible Schedule

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

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.

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 hours, up to 80 hours per calendar year unless otherwise provided by law.

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.

Salary Range

Pay Range: $119,765.00 – $140,900.00 (may vary based on the location of the role). In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, 401(k) contribution and pension (all benefits are subject to eligibility requirements).

Background Check

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. 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. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of 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.

Compliance with Policies

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.

Equal Employment Opportunity

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.

Posting may be closed earlier due to high volume of applicants.

Seniority Level

Mid‑Senior level

Employment Type

Full‑time

Job Function

Sales and Management

Industries

Banking