Portfolio Manager - Power & Utilities

Job Description

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.

• Manages an assigned credit portfolio
• Successfully closes new business relationships and expands existing relationships with existing customers
• Underwrites all types of credit account exposure
• Manages credit risk and responds to prospect or customer credit questions
• Makes independent calls on assigned portfolio of relationships

Responsibilities

• Underwriting all types of credit account exposure
• Managing an assigned credit portfolio
• Successfully closing new business relationships and expanding existing relationships with existing customers
• Managing credit risk and responding to prospect or customer credit questions
• Making independent calls on assigned portfolio of relationships
• Providing customer service
• Participating in joint sales calls with Relationship Manager(s)
• Identifying customer needs

Qualifications

• Bachelor’s degree or equivalent experience
• 8+ years of experience in corporate banking and/or project finance with a strong focus on power & energy sector
• Demonstrated experience managing complex credit portfolios with both corporate and non-recourse finance structures

Preferred Skills/Experience

• Deep knowledge of U.S. IPP business models, sponsor-backed development platforms, and operating project portfolios
• Strong understanding of project finance structures, corporate credit facilities, and capital markets products used by IPPs
• Advanced financial modeling acumen with the ability to independently review, challenge, and stress-test models
• Pioneering ability to influence across functions, balance risk and growth objectives, and operate effectively at senior levels
• Excellent written and verbal communication skills; comfortable presenting to senior management and credit committees
• Ability to thrive in a fast-paced environment managing multiple priorities and high-visibility relationships