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U.S. Bank logo
Company Name:
U.S. Bank
Approximate Salary:
Not Specified
Location:
New York, New York
Country:
United States
Industry:
Management

Government Banking Portfolio Manager

 
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we're one of the country's most respected, innovative and successful financial institutions. 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.
  Responsible for the active management of a portfolio of exposure to Municipal and Government Clients. Supports relationship managers in providing timely and creative responses to customer and prospect credit needs. Partners within and outside the division to retain and expand existing relationships and win new ones. Provides specialized support in credit transaction structuring since much of the financing extended will be tax-exempt in nature.

Responsibilities include:
- Underwriting municipal and governmental entities credit exposure
- Managing assigned credit portfolio
- Monitoring credit risk within that portfolio, to include
• Timely preparation of annual reviews
• Periodic monitoring of covenant compliance
• Timely spreading and review of financial statements upon receipt
• Identifying industry trends that create risk for the bank or for the customer
• Documenting credit actions and timely preparation of credit write-ups;
• Addressing policy and documentation exceptions.
- Generation of term sheets and negotiation of loan/ credit transaction documents;
- Responding to prospect or customer credit questions
- Conducting pricing analysis for credit risk incurred to help maintain the bank's profitability return objectives
- May participate in sales and relationship review activity and identify cross-sell opportunities.

 
Qualifications
  Basic Qualifications
- Bachelor's Degree or equivalent work experience
- Ten or more years of corporate banking experience, ideally with financial analysis and credit underwriting in commercial or public finance

Preferred Qualifications
- Experience underwriting in the municipal, state & local government, school district, transportation and water & sewer sector sectors
- Knowledge of governmental accounting
- Experience with structuring & negotiating tax-exempt credit transactions
- Prior experience with municipal clients in the Midwest states would be helpful

 

Job Portfolio / Asset Management

Primary Location New York-NY-New York

Shift 1st - Daytime

Average Hours Per Week 40