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.

Job Description

Commercial Real Estate (CRE) Asset Manager is responsible for determining the credit quality and assisting with the exit strategies of the assets in the Special Situations Team portfolio. Involved in the initial and ongoing assessment of loans, credit approval discussions, and will assist junior team members with analysis and output. The Asset Manager has overall responsibility for ensuring all credit processes are adequate, including the timely completion of credit requests, past due management, problem credit management and audit and portfolio risk compliance. Depending on the situation the Asset Manager may oversee the management of other real estate owned.

Essential Responsibilities:

• Review, develop and implement asset management strategies to maximize value

• Conduct financial analysis and forecasting to determine property value, annual cash flows, loan refinance viability and potential returns

• Review and approve leasing plans and periodic leasing reports. Approve requests for new leases, renewal leases, lease terminations and lease modifications

• Review property budgeting and ongoing operations including maintenance and repairs and other improvements

Essential Qualifications:

• 12+ years of banking and/or commercial real estate management / financing experience

• 5+ years of management experience would be helpful

• BA/MBA in finance, accounting, or other related field

• Strong leadership abilities and strategic management skills

• Knowledge of unit(s) and relation to industry

• Strong verbal and written communication skills

• Well-developed analytical, decision-making and problem-solving skills

• Considerable tact, diplomacy and people skills

Accountabilities:

• Decisions are made in conjunction with major corporation programs, plans or strategies. Independent action is normally required although other division or senior managers are usually consulted before final action is taken

• Probable errors would have significant effect on major functions of the corporation.

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.

Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company.

Benefits:

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

EEO is the Law

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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $183,005.00 - $215,300.00 - $236,830.00U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.