Job Abstract

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.

This role has multiple levels and is open to candidates with a minimum of 4 years of applicable experience. The successful candidate will be hired for the level of the position that aligns with their experience.

PCGAM Summary: The Private Capital & Global Asset Management Group covers a wide range of asset managers predominantly focused on private equity and private credit strategies.  PCGAM is a national platform comprised of over 35 professionals throughout the country with a primary presence in New York, Minneapolis, Portland and Los Angeles.  The Leveraged Finance Group (LFG) is a specialized lending arm within PCGAM that focuses on providing a multitude of senior debt products to middle market and large-cap private equity sponsors to execute acquisitions, mergers, recapitalizations, and other growth initiatives within the private equity universe. 

Position Description: U.S. Bank Leveraged Finance Group is seeking a motivated individual to add as a credit analyst or portfolio manager to the underwriting and portfolio management team.  This individual will be a vital member overseeing a sub-set of assigned portfolio companies / borrowers as part of ongoing portfolio management and a key individual on origination deal teams evaluating new transactions. 

• Perform LBO / financial modeling (historical and pro forma cash flow and credit analysis modeling; DCF, sensitivity modeling) to facilitate evaluation of new transaction opportunities and ongoing portfolio review/monitoring.

• Perform on-going / quarterly borrower performance reviews / analysis and prepare quarterly monitoring reports and provide internal credit rating recommendations based on borrower performance.

• Prepare and assist in the presentation of new opportunity screening memos and new borrower credit approval memos / write-ups, as well as preparing and presenting amendment / incremental financing recommendations.

• Conduct borrower market diligence, borrower financial analysis, assessing key credit risk, to determine appropriate credit recommendations as part of the new borrower evaluation process.

• Develop an understanding for credit / underwriting policy and maintain accountability of oversight for assigned portfolio and quality of underwriting.

Basic Qualifications

• Bachelor's degree, or equivalent work experience

• Four to six years of relevant experience

Preferred Skills/Experience

• Solid foundational grasp of general accounting principles, understanding of financial statements, financial analysis, and corporate finance understanding.

• Self-starter with willingness to work hard under pressure, while also developing ways to work smarter (assist in the improvement of tools, models, processes, etc.)

• Ability to work independently and at times, in an opaque environment with limited oversight.

• Innate curiosity in different industries / companies, sponsor finance, banking, capital markets, and the private equity landscape.

• Team focused attitude with a sense of curiosity, humility, and adaptability to work towards a common goal – to see a transaction through to close.

• Highly proficient in Excel, Word, and PowerPoint.

• Degree in accounting / finance / economics preferred but not required.

• 2 – 5 years of work experience in corporate finance, public accounting, senior credit (commercial, corporate, capital markets), mezzanine lending, and other similar backgrounds.

• Ability to travel periodically as needed (10%) to attend lender meetings, onsite visits, and travel to other U.S. Bank offices.

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.

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.