Subscription Finance Portfolio Manager

About the Opportunity

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

U.S. Bank’s Subscription Finance (“SF”) team is a market-leading lender in the rapidly growing fund finance industry, providing tailored financing solutions to the world’s leading private capital sponsors. The team specializes in structuring and underwriting subscription line facilities and related fund‑level credit products secured by the capital commitments of sophisticated institutional limited partners. As the private funds ecosystem continues to expand and evolve, Subscription Finance has become a strategically important product within global banking, sitting at the intersection of structured credit, capital markets, and alternative assets. The platform is also increasingly leveraging data, analytics, and emerging AI‑enabled tools to enhance underwriting quality, portfolio monitoring, and operating efficiency.

Responsibilities

• Lead and partner with Subscription Finance Originations and Relationship Managers
• Underwrite private investment funds across multiple strategies
• Evaluate fund structures, legal documentation, and investor bases
• Analyze a broad range of investor types
• Prepare comprehensive written credit memoranda and financial analyses
• Structure and approve new facilities, amendments, extensions, and waivers
• Ensure accurate and timely completion of loan booking
• Proactively monitor portfolio performance
• Contribute to strategic initiatives
• Maintain strong stakeholder relationships
• Mentor junior team members

Basic Qualifications

Bachelor's degree, or equivalent work experience. Eight or more years of relevant experience.

Preferred Skills/Experience

• Extensive knowledge of commercial/corporate lending and credit standards
• Experience in subscription finance and/or underwriting structured credit facilities for private equity clients
• Ability to execute transactions under tight timelines
• Strong technical and analytical skills
• Strong relationship management and business development skills
• Proficiency in Microsoft Office Suite with an emphasis on Excel

Benefits

Our benefits include healthcare, life insurance, disability coverage, retirement plans, paid vacation, holidays, adoption assistance, and more. Review our full benefits available by employment status here.

About Company

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.

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.