Wholesale Portfolio Risk Management Officer - Multiple Locations Or Telecommute

US Bank New York , NY 10007

Posted 2 months ago

Wholesale Portfolio Risk Management (WPRM) is responsible for portfolio management for the wholesale portfolio across U.S. Bank. The functions include risk identification, risk appetite, portfolio construction and asset allocation strategies, and management of concentration, correlation and specialized risks and the associated risk mitigation. The team provides independent risk management and governance. The Group works closely with 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 WPRM Officer, as part of Credit Risk Management, manages and identifies risk for several Corporate Banking lending industries and portfolios in Wholesale. The person is responsible for developing pro-active and forward-looking viewpoints regarding their portfolio and creating solutions and recommendations for managing risk and influencing change. This includes application of portfolio management strategies with focus on corporate finance and risk / return profile and management of concentration and correlation risk through ensuring compliance with various limit frameworks. Additionally, the WPRM Officer is responsible for directing, monitoring, and coordinating risk management projects for assigned Corporate Banking lending industries / portfolios.


  • Identifies current and emerging risks of an assigned lending industry / portfolio, and develops conclusions and recommendations for managing risk

  • Works closely with the business line and credit approval and provides expertise and consultation regarding industry and portfolio credit issues and risks

  • Manages the risk management strategies and elements of an assigned lending industry / portfolio, including credit quality and portfolio management strategies

Basic Qualifications

  • Bachelor's degree, or equivalent work experience
  • 10 or more years of applicable experience

Preferred Skills/Experience

  • Ten plus years of experience in commercial lending, portfolio management or credit underwriting

  • Extensive knowledge of commercial lending and credit standards, policies, procedures and products

  • Strong analytical and problem-solving skills

  • Excellent presentation, interpersonal, verbal and written communication skills

  • Well-developed negotiating skills and networking ability

  • Demonstrated proficiency and knowledge of Microsoft Excel and Word

  • Knowledge and experience with the CAPE.net underwriting platform

  • Ability to interpret data, draw conclusions and recommend next steps

  • Bachelor's or Master's degree with an emphasis on accounting, finance, and economics

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Wholesale Portfolio Risk Management Officer - Multiple Locations Or Telecommute

US Bank