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Portfolio Manager - Asset-Based Finance

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U.S. Bank National Association

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Location:
United States , Chicago, IL

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Category:

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Contract Type:
Not provided

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Salary:

124355.00 - 146300.00 USD / Year

Job Description:

The ABL Portfolio Manager partners closely with Relationship Managers and Business Development Officers to effectively manage a portfolio of ABL credit relationships. The role supports revenue growth by deepening existing customer relationships and collaborating with Underwriting to close new business opportunities.

Job Responsibility:

  • Manage an assigned portfolio of ABL credits, including direct/agented facilities and purchased participations
  • Monitor and manage credit risk across all assigned customer relationships
  • Ensure full adherence to bank policies and procedures, regulatory requirements, and compliance standards
  • Respond promptly to customer credit requests
  • Underwrite ancillary credit exposure to support customer needs
  • Assist the Underwriting team with new business transactions, as needed
  • Conduct regular customer meetings to deepen relationships and identify cross sell or expansion opportunities
  • Serve as a key point of contact for credit related discussions and problem resolution
  • Escalate credit concerns clearly and efficiently to senior management
  • Review, negotiate, and coordinate legal documentation with customers, counsel, and internal partners
  • Partner with operations, field examination, appraisal, and compliance teams to ensure accurate reporting and loan monitoring
  • Mentor and provide training support to junior team members, contributing to the development of the broader ABL team

Requirements:

  • Bachelor's degree, or equivalent work experience
  • Six to eight years of relevant experience
  • Three or more years of ABL portfolio management experience
  • Strong relationship management and business development skills
  • Strong analytical and problem-solving skills
  • Excellent presentation, verbal and written communication skills
  • Ability to work effectively in a fast-paced, team-oriented environment
What we offer:
  • 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

Additional Information:

Job Posted:
February 20, 2026

Expiration:
February 28, 2026

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:

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