Industry Credit Risk Management CRE Portfolio Manager

Welcome to U.S. Bank Corp – a leading financial institution dedicated to helping customers achieve their financial goals. We are currently seeking a highly skilled and experienced Industry Credit Risk Management CRE Portfolio Manager to join our team. As a Portfolio Manager, you will play a crucial role in managing our commercial real estate portfolio and ensuring that our credit risk is effectively managed. This is an exciting opportunity for a driven and detail-oriented individual with a strong background in credit risk management and commercial real estate. If you are passionate about making a positive impact in the financial industry and possess the necessary qualifications and expertise, we invite you to apply for this position.

1. Manage commercial real estate portfolio: The primary responsibility of this role is to oversee the management of U.S. Bank Corp's commercial real estate portfolio. This includes monitoring and analyzing the performance of existing loans, identifying potential risks, and implementing strategies to mitigate those risks.
2. Ensure effective credit risk management: The Portfolio Manager will be responsible for ensuring that all credit risk associated with the commercial real estate portfolio is effectively managed. This includes assessing the creditworthiness of potential borrowers, evaluating loan structures, and monitoring ongoing credit risk.
3. Conduct thorough analysis: The Portfolio Manager will be required to conduct in-depth analysis of financial statements, market trends, and other relevant data to make informed decisions about the creditworthiness of potential borrowers and the overall health of the commercial real estate portfolio.
4. Develop and implement risk management strategies: Based on thorough analysis, the Portfolio Manager will be expected to develop and implement risk management strategies to minimize credit risk and protect the bank's financial interests.
5. Collaborate with internal teams: The Portfolio Manager will work closely with other departments within the bank, such as underwriting, credit analysis, and loan servicing, to ensure that all credit risk management strategies are aligned and implemented effectively.
6. Stay updated on industry trends: It is essential for the Portfolio Manager to stay updated on industry trends and changes in the commercial real estate market to make informed decisions and adjust risk management strategies accordingly.
7. Maintain compliance: The Portfolio Manager will be responsible for ensuring that all credit risk management practices and procedures comply with regulatory requirements and internal policies.
8. Provide guidance and support: The Portfolio Manager will provide guidance and support to other team members, such as credit analysts and underwriters, to ensure consistency and accuracy in credit risk assessment and management.
9. Participate in credit committee meetings: The Portfolio Manager will be expected to attend credit committee meetings to present and discuss credit risk assessment and management strategies and make recommendations for loan approvals or modifications.
10. Foster positive relationships: The Portfolio

According to JobzMall, the average salary range for a Industry Credit Risk Management CRE Portfolio Manager in Chicago, IL, USA is between $85,000 and $120,000 per year. This range can vary based on factors such as experience, qualifications, and the specific company or organization the individual is working for.

U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, which is the 7th largest bank in the United States.