Impact Finance - Affordable Housing Relationship Managercategorysales & Relationship Managementjob Id2025 - 0023352posting Start Date09/25/2025anticipated Posting End Date10/12/2025job Typefull Timejob Available In 2 Locationssan Francisco, CA, United Sta

Affordable Housing Relationship Manager

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.

Impact Finance is hiring for a new Affordable Housing Relationship Manager (AH RM). The AH RM manages banking relationships with U.S. Bancorp Impact Finance clients that specialize in affordable housing and community development. Grows revenue as directed by senior management by successfully prospecting for new business and expanding existing customer relationships. Responsible for sourcing, structuring and negotiating loans on multifamily housing projects, many of which utilize Low-Income Housing Tax Credits (LIHTC) or New Business Development Initiatives in Affordable Housing. Works with clients and DPS team to connect clients with various product partners to determine other banking needs including deposit, payments, trust, wealth management and deepen client relationships by coordinating with other US Bank business lines.

Essential Functions:

• Retains and expands relationships with existing customers.
• Prospects for and closes new business relationships sufficient to meet annual loan volume and DPS goals.
• Grows net revenue year-over-year through lending activities including loan fees and interest income, and non-credit business.
• Leads periodic relationship reviews with Bank clients to determine how US Bank can better help grow their business. Works with internal product partners in deposit, payments and other business lines to serve client needs. Drive new business in the form of deposits and fee income for the Bank.
• Responsible for evaluating and determining the creditworthiness of new business opportunities.
• Develops and implements an effective calling program for existing customers.
• Develops and implements a plan for sourcing prospects and developing new customer relationships.
• Available, as appropriate, to coordinate or aide in the resolution of customer problems and acts as a liaison with other departments, including Credit partners, divisions and subsidiaries in managing the customer's relationship with the bank. This may involve working with the Project Management and Asset Management teams.
• Manages overall customer and portfolio profitability in the context of new business development.
• Responsible for helping implement U.S. Bank loan policies, products and services.
• Actively ensures compliance with the U.S. Bank Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures. Actively participates in any required corporate and business line training in these areas. Follows account opening procedures and understands and follows internal suspicious activity referral requirements and processes, as required for this position. Actively works with customers to understand each customer's normal account activity, as appropriate for this position.

Basic Qualifications: Master's degree, or equivalent work experience - 10 or more years of commercial lending experience

Preferred Skills/Experience: Strong relationship management and business development/sales skills. Well-developed analytical and problem-solving skills. Considerable knowledge of Low-Income Housing Tax Credits (LIHTC). Thorough knowledge of bank products and services. Ability to work effectively with individuals and groups in managing customer relationships. Excellent presentation, verbal and written communication skills. Previous small business banking experience.

U.S. Bancorp Community Development Corporation d/b/a U.S. Bancorp Impact Finance, the tax credit and community development division of U.S. Bank, believes all people have a right to the possibilities that comes with living in a safe and vibrant community. The financing USBIF provides for affordable housing, economic development, and renewable energy projects have a lasting social and environmental impact in communities.

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

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.

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 (some may vary based on role, location or hours):

• 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

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.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $148,495.00 - $174,700.00

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.