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

The Trade & Working Capital Finance (TWC) team is part of the broader Working Capital Finance organization, which encompasses Asset-Based Finance, Supply Chain Finance, Traditional Trade, and Standby Letter of Credit products. The Trade & Working Capital team focuses specifically on Supply Chain Finance solutions (approved payables and receivables programs) and Traditional Trade (documentary collections and letters of credit). Asset-Based Finance and Standby Letters of Credit are outside the scope of this team.

The organization is operating within a newly established operating model structured around four core functions: (1) Sales & Origination, (2) Sales Enablement & Program Management, (3) Product Management, and (4) Portfolio Management.
 

This role sits within the newly developed Portfolio Management function.
 

Role Overview

The Portfolio Manager is responsible for overseeing the full credit lifecycle of Trade and Working Capital transactions—from deal structuring and approval through implementation and ongoing portfolio monitoring. While this role does not perform credit underwriting, it partners closely with Business Line Portfolio Management, Relationship Managers, Credit, Risk, Legal, and Operations to ensure transactions are appropriately structured, underwritten, approved, documented, and managed in accordance with internal credit policy and risk standards.
 

In addition to portfolio oversight, the Portfolio Manager supports business growth by collaborating with Trade and Working Capital Sales & Origination and Sales Enablement & Program Management teams. The role may assist in client discussions to provide portfolio management, credit, and risk perspectives, particularly for complex or structured transactions.
 

Key Responsibilities

• Manage a portfolio of Trade & Working Capital Finance relationships in partnership with Business Line Portfolio Management, Relationship Managers, and Credit teams.
• Oversee the credit approval process, coordinating with the Institutional Client Group (ICG) and Asset Based Finance Portfolio Management teams as applicable, to ensure transactions are structured and approved in accordance with internal credit policies and risk frameworks.
• Support deal structuring, identify and resolve policy exceptions, and ensure all internal approval and documentation requirements are satisfied.
• Participate in deal closings, including review of legal documentation and coordination with Operations to ensure accurate booking and efficient implementation of approved structures.
• Respond to internal and external credit‑related inquiries, providing timely analysis and support.
• Support Trade & Working Capital Sales and Origination and Sales Enablement & Program Management teams with client needs, structuring questions, and portfolio related insights.
• Contribute to revenue growth by supporting new business opportunities and expansion of existing relationships.
• Produce and analyze portfolio reporting, metrics, and dashboards to deliver actionable insights on performance, risk, utilization, and growth trends for management and business partners leveraging Microsoft Office (with strong emphasis on Excel), Adobe, and proprietary systems such as Power BI, nCino, Salesforce, and Precision Lender (or similar tools).
• Proactively monitor portfolio risk, identify emerging credit, counterparty, country, bank, or structural risks, and partner with Credit and Risk to escalate issues, recommend risk mitigants, and implement exposure or structure changes as needed.
• Function as a trusted advisor on Trade & Working Capital credit policy interpretation, ensuring consistent application across transactions and supporting governance, exception management, and policy refinement efforts.
• Support regulatory exams, internal audits, and credit risk reviews by coordinating data, documentation, and responses, and partnering with stakeholders on issue remediation.
• Provide governance and execution oversight for AP supplier onboarding, funding requests, and LC confirmation and discounting activity, approving, or escalating requests as appropriate to ensure compliance with credit approvals, risk limits, and Trade & Working Capital policy.
   

Basic Qualifications

• Bachelor’s degree or equivalent work experience.
• Eight or more years of relevant experience
   

Preferred Skills & Experience

• Experience managing portfolios and partnering with credit teams in a commercial or corporate banking environment.
• Deep knowledge of Supply Chain Finance products; experience with traditional trade products is a plus.
• Strong understanding of legal documentation related to supply chain finance; ability to review and interpret legal documents (legal degree not required).
• Experience overseeing credit processes and collaborating with underwriting, legal, operations, and risk partners.
• Solid understanding of commercial or corporate credit, risk management principles, and credit policy.
• Strong analytical, organizational, and problem‑solving skills, with diligence and sound judgement.
• Excellent written, verbal, and presentation skills.
• Proven ability to work cross‑functionally with Sales, Credit, Operations, Risk and Product teams.
• Advanced proficiency in Excel and Adobe; experience with reporting, analytics, and dashboard development is a plus.
   

​ Location expectations 
This role requires working from the U.S. Bank locations, listed on the posting, three (3) or more days per week.

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:

• 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

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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.

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.