Portfolio Risk Manager - Commercial Real Estate

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

Credit Strategy and Program Management (CSPM) is responsible for portfolio management for the Wholesale portfolio of more than $325Bn across U.S. Bank. Standards and Governance is responsible for maintaining and enhancing the infrastructure used to ensure the Wholesale portfolio remains within the banks risk appetite. The team provides independent risk management and governance and sets standards for functions including risk aggregation, risk identification, risk rating, risk appetite, policy compliance, stress testing and risk mitigation. The group works closely with Risk, the Business and various other key constituents to build out a comprehensive and proactive approach to portfolio management that promotes a strong risk management culture, aligned with U.S. Bank's risk appetite.

The team is responsible for developing pro-active and forward-looking viewpoints and standards. Additionally, CSPM Officers are responsible for directing, monitoring, and coordinating risk management projects as assigned.

Basic Qualifications

• Bachelor's degree, or equivalent work experience

• Typically more than eight years of applicable experience

Preferred Skills/Experience

• This role requires experience working in Commercial Real Estate

• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business

• Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls

• Thorough knowledge of Risk/Compliance/Audit competencies

• Strong analytical, process facilitation and project management skills

• Effective presentation, interpersonal, written and verbal communication skills

• Effective relationship building and negotiation skills

• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations

• Applicable professional certifications

NOTE: This 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. Locations: Minneapolis, MN or Charlotte, NC.

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. Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

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. Learn more about the E-Verify program.

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, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $116,280.00 - $136,800.00 - $150,480.00

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.