Portfolio Manager - Power & Utilities
About the role
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. The Power & Utilities Division at U.S. Bank is seeking a Portfolio Manager to lead credit oversight and portfolio management for a complex and growing book of Independent Power Producer (IPP) relationships, with a focus on supporting continued revenue growth and disciplined portfolio expansion. This role is accountable for independent credit judgment, portfolio risk governance, and strategic partnership with Relationship Management, Product, and Impact Finance teams across a diverse set of corporate, highly structured and non-recourse credit exposures. The successful candidate will manage a portfolio comprised of corporate-level revolvers, term debt, letters of credit, and non-recourse finance facilities, supporting clients active across renewables, thermal generation, energy storage, and transmission assets. The Portfolio Manager partners with Relationship Manager(s) to successfully manage a portfolio of Corporate Banking credit relationships. Grows revenue as directed by senior management by successfully closing new business relationships and retaining and expanding relationships with existing customers.
Responsibilities
- Underwriting all types of credit account exposure
- Managing an assigned credit portfolio
- Successfully closing new business relationships and expanding existing relationships
- Managing credit risk and responding to prospect or customer credit questions and making independent calls on assigned portfolio of relationships
- Providing customer service
- Participating in joint sales calls with Relationship Manager(s)
- Identifying customer needs