US Bank National Association Looking for Junior Credit Portfolio Manager, Sponsor Finance at Los Angeles, CA Full Time

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

U.S. Bank is looking for a professional interested in a banking career to join our Sponsor Finance Group (SFG).

This position can be located in the Portland, Minneapolis or Los Angeles office and will have a hybrid work arrangement. Team members who are in a hybrid role typically spend three days a week at a U.S. Bank location, while having flexibility on their work location for the other working days.

The Sponsor Finance Group (SFG) is a specialized lending arm within U.S. Bank’s Corporate & Commercial Banking Commercial Products Group. SFG focuses on providing a multitude of senior debt products to middle market and large-cap private equity sponsors to execute acquisitions, mergers, recapitalizations, and other growth initiatives. SFG is a national platform comprising over 25 professionals throughout the country.

As part of the SFG underwriting and portfolio management team, you will monitor credit risk and support credit underwriting activities that contribute to successful management of credit relationships that contribute directly to revenue goals and business objectives.

Primary Accountabilities include:

• Perform various financial modeling scenarios such as discounted cash flow (DCF), leveraged buy out (LBO), sensitivity and forecasting to facilitate evaluation of new transaction opportunities and ongoing portfolio review/monitoring.
• Perform on-going / quarterly borrower performance reviews / analysis and prepare quarterly monitoring reports and provide internal credit rating recommendations based on borrower performance.
• Prepare and assist in the presentation of new opportunity screening memos and new borrower credit approval memos / write-ups, as well as preparing and presenting amendment / incremental financing recommendations.
• Conduct borrower market diligence, borrower financial analysis, assessing key credit risk, to determine appropriate credit recommendations as part of the new borrower evaluation process.

This is an excellent career starting opportunity that provides an entry point to learning about banking, sponsor finance, capital markets, and the private equity landscape! You will work alongside credit subject matter experts and learn about credit underwriting policies and best practices, as well as the industries and company profiles represented in the SFG portfolio. You may also interact with Relationship Managers in support of business opportunities and solutions for our U.S. Bank customers/clients.

Flexible for occasional business travel.

Basic Qualifications

• Bachelor’s degree or equivalent experience
• Up to 2 years of relevant experience

Preferred Skills/Experience:

• Bachelor’s degree in Accounting or Finance, including knowledge of general accounting principles (GAAP) and understanding of corporate finance/financial statements
• Financial modeling/analysis experience
• Self-starter with willingness to work hard under pressure, while also developing ways to work smarter (assist in the improvement of tools, models, processes, etc.)
• Team player and ability to work independently and with limited direction
• Proficient in Excel, PowerPoint, and Word

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:

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 law

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

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.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $76,840.00 – $90,400.00 – $99,440.00