Portfolio Manager – Subscription Finance Portfolio Managementcategorysales & Relationship Managementjob Id2025 - 0025529posting Start Date10/17/2025anticipated Posting End Date10/31/2025job Typefull Timejob Available In 2 Locationscharlotte, NC, United St

Portfolio Manager - Subscription Finance Portfolio Management

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.

U.S. Bank's Subscription Finance ("SF") team is a significant lender in the fund finance industry providing structured credit facilities to private equity funds, secured by the capital commitments of their limited partners. We are seeking experienced portfolio managers to join our Portfolio Management and Underwriting team, supporting various investment fund strategies. This role offers a unique opportunity to work directly with top-tier private equity clients, lead strategic portfolio initiatives, and contribute to the growth of a high-performing, client-centric business.

Primary responsibilities include:

• Lead and partner with Subscription Finance Originations and Relationship Managers to manage and grow a portfolio of subscription lines and institutional client relationships.
• Underwrite private equity funds across multiple strategies (buyout, secondaries, private credit, real estate et al.) and their underlying investors, applying credit policy to structure credit facilities including their borrowing bases.
• Analyze a diverse range of investor types including pension funds, endowments, foundations, insurance companies, sovereign wealth funds, feeder vehicles, and high-net-worth individuals.
• Prepare comprehensive written and financial analyses, determine appropriate risk ratings, and present credit approval requests to senior credit committees.
• Complete required loan booking system (nCino) fields and tasks with precision and timeliness.
• Contribute to internal projects and initiatives aimed at improving process efficiency and portfolio performance.
• Maintain strong stakeholder relationships through proactive communication and responsiveness.
• Mentor junior team members and contribute to talent development across the group.
• Represent the credit team in cross-functional forums and strategic planning sessions.

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week. Basic qualifications include a bachelor's degree, or equivalent work experience, and six to eight years of relevant experience. Preferred skills/experience include:

• Experience in subscription finance and/or underwriting structured credit facilities for private equity clients.
• Strong proficiency in Microsoft Office (Word, Excel, Outlook, and PowerPoint), with an emphasis on Excel.
• Familiarity with investor types and their risk profiles.
• Ability to execute transactions under tight timelines.
• Strong technical and analytical skills, including financial statement analysis and risk assessment.
• Experience presenting to executive stakeholders and influencing senior decision-makers.
• Excellent interpersonal, verbal, and written communication skills.
• Ability to work independently and as part of a team.
• Proficiency in credit systems such as nCino and other loan booking platforms.
• Ability to identify, recommend, and implement process improvements.
• Strong work ethic, attention to detail, and organizational skills.
• Ability to pivot quickly between projects and adapt to changing priorities.
• Team-oriented mindset with a proactive approach to problem-solving.

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.

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: $111,605.00 - $131,300.00

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.