Head of Underwriting and Portfolio Management
U.S. Bank
full-time
Posted on:
Location Type: Office
Location: New York City • California • Illinois • United States
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Salary
💰 $238,765 - $280,900 per year
Job Level
About the role
- Functions as the Head of Underwriting and Portfolio Management for the Asset-based Finance (ABF) group
- Oversees a national team of credit analysts and portfolio managers responsible for the loan underwriting, loan structuring, and portfolio monitoring activities
- Coordinates with loan originators, and credit approvers to analyze, structure, document and close new loans to drive business growth
- Oversees all loan surveillance activities such as covenant monitoring, risk ratings, and credit reviews
Requirements
- Bachelor's or Master's degree in finance, accounting or other related field
- 15 or more years of banking experience
- Eight or more years of management experience
- Deep ABL experience and strategic vision
- Ability to lead change and unify underwriting and PM functions
- Strong analytical, organizational, and communication skills
- Experience managing large, syndicated credit facilities
- Strong leadership abilities and strategic management skills
- Thorough knowledge of division and relation to industry
- Excellent verbal and written communication skills
- Excellent analytical, decision-making and problem-solving skills
- Considerable tact, diplomacy and people skills
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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
loan underwritingloan structuringportfolio monitoringcovenant monitoringrisk ratingscredit reviewssyndicated credit facilitiesABL experience
Soft Skills
leadershipanalytical skillsorganizational skillscommunication skillsstrategic managementdecision-makingproblem-solvingtactdiplomacypeople skills
Certifications
Bachelor's degreeMaster's degree