Portfolio Manager - Asset Backed Securitization (ABS)

at  US Bank National Association

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

The Portfolio Manager will be a key component to the Asset Backed Securitization Group (“ABSG”), who will be responsible for a portfolio of ABS credit relationships. The Portfolio Manager will partner with ABSG’s existing origination function to grow and retain ABS lending commitments across the portfolio. Primary responsibilities include: underwriting new asset-backed lending transactions, retaining and expanding current ABS lending commitments, executing on new/renewed ABS opportunities, and monthly monitoring / reporting of current ABS lending facilities. Additionally, the Portfolio Manager will work with credit risk management, portfolio risk management, legal, and various other stakeholders to ensure transparency for ABS lending activities.

BASIC QUALIFICATIONS

• Bachelor’s degree, or equivalent work experience
• Six to eight years of relevant experience

PREFERRED SKILLS/EXPERIENCE

• Advanced knowledge of Asset Backed Securitization lending, including insights about the risks inherent to ABS, and market knowledge regarding various ABS lending structures
• Detailed orientated, including strong analytical and problem-solving skills
• Excellent presentation, verbal and written communication skills

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.

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 la