U.S. Bank

Senior Portfolio Manager, Commercial Real Estate

U.S. Bank

full-time

Posted on:

Location Type: Hybrid

Location: Minneapolis • California • Colorado • United States

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Salary

💰 $133,365 - $156,900 per year

Job Level

Senior

About the role

  • Manage and oversee multiple CRE portfolios across Middle Market CRE, CMD, WIRED, and ICG CRE platforms.
  • Ensure timely and accurate execution of credit actions, including renewals, modifications, and new deals.
  • Provide guidance on credit structures, risk ratings, and portfolio risk management decisions.
  • Monitor portfolio performance and ensure adherence to internal credit policies and standards.
  • Oversee underwriting teams supporting new originations and ongoing portfolio management.
  • Review credit work products for quality, accuracy, and conciseness.
  • Provide guidance, feedback, and training to promote consistent underwriting practices across portfolios.
  • Ensure deadlines are met and workflow is effectively coordinated across teams.
  • Coordinate portfolio management meetings, workflow calls, and portfolio tracking activities.
  • Partner with business lines, Credit, Loan Administration, and other internal groups to streamline processes and improve efficiency.
  • Promote best practices and consistent application of credit standards across portfolios.
  • Lead or coordinate remediation efforts related to audit findings or internal loan review issues.
  • Support development of guidance materials, training, and potential credit policy updates as needed.
  • Ensure timely resolution of identified issues and appropriate documentation of corrective actions.
  • Participate in or lead portfolio-related projects, including best-practice initiatives and workflow enhancements.
  • Support ad hoc reporting needs, including tracking loan maturities, modifications, and portfolio metrics.
  • Leverage data and portfolio insights to support broader portfolio management initiatives and continuous improvement efforts.

Requirements

  • Master's degree, or equivalent work experience
  • Ten or more years of commercial lending experience
  • Experience in commercial real estate underwriting and portfolio management
  • Strong understanding of credit risk management, loan structures, and portfolio monitoring
  • Strong leadership ability and prior experience mentoring and coordinating the work of others
  • Project management skills and experience working on cross-functional initiatives desired
  • Ability to review and interpret large data sets and apply insights across portfolios
  • Well-developed written communication and verbal presentation skills
  • Proficiency with Microsoft Office tools, including Teams and Outlook; advanced Excel skills preferred
  • Experience using nCino for loan origination, credit, or portfolio management
  • Familiarity with CoStar for commercial real estate research, market analysis, and property data
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
commercial lendingcredit risk managementloan structuresportfolio monitoringcommercial real estate underwritingportfolio managementdata analysisproject managementworkflow enhancementscredit policy updates
Soft Skills
leadershipmentoringcommunicationpresentationteam coordinationguidancefeedbacktrainingproblem-solvingtime management
Certifications
Master's degree