Commercial Real Estate Portfolio Manager

U.S. Bank

. Underwrite and manage all types of commercial real estate credit exposure for an assigned middle‑market portfolio .

Posted 4/3/2026full-timeMinneapolis • California, Colorado, Minnesota, North Carolina • 🇺🇸 United StatesMid-LevelSenior💰 $105,400 - $124,000 per yearWebsite

About the role

Key responsibilities & impact

Underwrite and manage all types of commercial real estate credit exposure for an assigned middle‑market portfolio
Partner with Relationship Managers to support new business development, retain existing relationships, and expand customer relationships as directed by senior management
Collect borrower financial statements and coordinate spreading with internal credit support teams
Monitor loan covenants and perform quarterly trend analysis for 15–20 loans, as well as annual reviews for all loans in the portfolio
Manage active construction loans, including monthly monitoring and project updates
Assist with new money requests, including pre‑flight vetting, market analysis, and credit structuring discussions
Prepare clear, concise written credit analyses and present recommendations to credit approval partners through written and oral presentations
Collaborate with Loan Administration on loan documentation for approved and renewed credits
Participate in client outreach and joint calls as a secondary contact
Respond to prospect and customer credit questions and make independent credit calls within assigned authority

Requirements

What you’ll need

Bachelor’s degree or equivalent work experience
Five to seven years of commercial banking experience
Commercial real estate lending or underwriting experience (preferred, not required)
Strong knowledge of commercial lending policy, credit quality standards, and applicable laws and regulations
Solid understanding of credit products and portfolio risk management
Strong analytical and problem‑solving skills
Ability to work effectively across teams to manage customer relationships
Well‑developed written communication and verbal presentation skills
Using Microsoft Excel, Encino, and Copilot software; strong typing and MS Office skills are preferred.
Proficiency with Microsoft Excel and MS Office
Experience using nCino and Copilot preferred

Benefits

Comp & perks

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

ATS Keywords

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Hard Skills & Tools

commercial real estate underwritingcredit analysisportfolio risk managementfinancial statement analysisloan covenant monitoringcredit structuringmarket analysiscredit products knowledgeanalytical skillsproblem-solving skills

Soft Skills

relationship managementcommunication skillsteam collaborationpresentation skillscustomer outreach

Certifications

Bachelor's degree