Asset Based Finance Underwriting and Portfolio Manager Team Lead

U.S. Bank National Association
New York, US
On-site

Job Description

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

People Leadership & HR Management

Directly manage employees across their respective office locations, including performance management, skills development, quality control, and ongoing coaching.

  • Directly manage employees across their respective office locations, including performance management, skills development, quality control, and ongoing coaching.
  • Manage and train a team of Credit Analysts and an annual intern pool.
  • Lead the team by adherence to and managing to Bank’s office work goal ‘in-office’ policy.
  • Own core HR responsibilities such as performance reviews, PTO and leave management, and employee development planning.
  • Actively support career progression by identifying learning opportunities and accelerating team members’ growth aligned with organizational goals.
  • Participate in leadership meetings to manage the local organization, cascade information, and align team priorities.

Credit Oversight & Risk Management

  • Maintain the highest credit quality standards within the office and serve as a senior credit leader in the market.
  • Participate in the initial assessment of new credit opportunities, credit approval discussions, and ongoing management of the underwriting workflow.
  • Ensure the team’s timely completion of credit requests, annual reviews, past‑due monitoring, problem credit management, and adherence to credit quality goals.

Core Functional Oversight

  • Oversee and ensure quality execution of three core functions:
  • Quarterly portfolio and trend reporting
  • Annual credit reviews
  • New transaction underwriting
  • Partner closely with credit risk management, loan administration, portfolio management, and relationship teams to ensure consistency, accuracy, and efficiency across processes.

Basic Qualifications

  • Bachelor’s degree or equivalent work experience
  • Ten or more years of banking experience
  • Three or more years of team leadership and/or management experience

Preferred Skills & Experience

  • Five or more years of direct asset based lending underwriting and/or portfolio management experience
  • Thorough knowledge of commercial lending policy, credit products, and credit quality standards
  • Strong leadership and strategic management capabilities to develop teams
  • Well‑developed analytical, decision‑making, and problem‑solving skills
  • Effective written and verbal communication skills with a high level of tact and diplomacy
  • Experience managing credit workflows, regulatory compliance, and audit support
  • Hands‑on experience with:
  • nCino
  • ABLE (Asset Based Lending Environment)
  • LEAP (Microsoft Light Enterprise Application)
  • Familiarity with applicable laws, regulations, and internal credit and risk policies and procedures
  • Strong Excel proficiency for underwriting, analysis, and reporting
  • Lead the team by adherence to and managing to Bank’s office work goal ‘in-office’ policy.
  • Own core HR responsibilities such as performance reviews, PTO and leave management, and employee development planning.
  • Actively support career progression by identifying learning opportunities and accelerating team members’ growth aligned with organizational goals.
  • Participate in leadership meetings to manage the local organization, cascade information, and align team priorities.

Credit Oversight & Risk Management

  • Maintain the highest credit quality standards within the office and serve as a senior credit leader in the market.
  • Participate in the initial assessment of new credit opportunities, credit approval discussions, and ongoing management of the underwriting workflow.
  • Ensure the team’s timely completion of credit requests, annual reviews, past‑due monitoring, problem credit management, and adherence to credit quality goals.

Core Functional Oversight

  • Oversee and ensure quality execution of three core functions:
  • Quarterly portfolio and trend reporting
  • Annual credit reviews
  • New transaction underwriting
  • Partner closely with credit risk management, loan administration, portfolio management, and relationship teams to ensure consistency, accuracy, and efficiency across processes.

Basic Qualifications

  • Bachelor’s degree or equivalent work experience
  • Ten or more years of banking experience
  • Three or more years of team leadership and/or management experience

Preferred Skills & Experience

  • Five or more years of direct asset based lending underwriting and/or portfolio management

Skills & Requirements

Technical Skills

NcinoAble (asset based lending environment)Leap (microsoft light enterprise application)ExcelLeadershipCommunicationProblem-solvingFinanceBanking

Employment Type

FULL TIME

Level

senior

Posted

4/21/2026

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