Special Assets Portfolio Manager


At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.


Responsible for working with Senior Relationship Managers to restructure large and very complex problem loans. Independently analyzes loans and in conjunction with Senior RMs, determines the most effective strategy to secure the repayment and/or collection of the debt.  Participate in negotiations with debtors or their representatives to secure repayment agreements and monitors adherence to the terms of repayment agreements.  Provides technical advice and assistance to RMs regarding the evaluation of deteriorating loan situations in order to minimize losses and maximize recoveries.  Provide portfolio maintenance function through quarterly review of all managed credits.  Maintains current knowledge of all laws, regulations, and rulings concerning insolvency and bankruptcy as well as Special Assets and General Bank policy.




Basic Qualifications
- Bachelor's degree in Business or related field, or equivalent work experience
- 10+ years of experience in commercial lending and loan services activities


Preferred Skills/Experience
- Advanced knowledge of specialized lending collections
- Thorough knowledge of commercial lending, loan services and credit policy/procedure
- Thorough knowledge of loan collections and workout, loan processing/documentation and credit analysis
- Excellent problem-solving and decision-making skills
- Strong interpersonal and verbal and written communication skills



Credit Underwriting

Primary Location


Other Locations

Other Locations IL-IL-Chicago


1st - Daytime

Average Hours Per Week