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, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. 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. Try new things, learn new skills and discover what you excel at—all from Day One.

As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals : partnering with our customers, our communities, and each other.

Job Description

The Senior Credit Portfolio Manager role is part of the second line of defence Risk Management & Compliance function and reports directly to the Chief Credit Officer for Europe. The role is responsible for risk management of U.S. Bank Europe’s credit portfolio, ensuring alignment with risk appetite, strategy, and industry requirements. The role holder will work closely with senior risk leadership and collaborate cross-functionally to implement effective credit risk strategies and maintain oversight of problem credits.

Key Responsibilities :

• Lead risk oversight of the credit portfolio including concentration management, loss provisioning, and credit growth strategy.
• Oversee the management of problem credits, identifying early signs of deterioration and implementing strategies for remediation to minimise losses.
• Manage provision adequacy assessments for both credit assets and contingent liability exposures ensuring adherence to applicable accounting standards (i.e. IFRS).
• Collaborate with lines of business and central functions to ensure that the Bank’s contingent liability is correctly estimated, monitored, and reported internally and externally.
• Maintain dedicated oversight of the Bank’s airline portfolio, including exercising delegated credit approval authority for airline relationships.
• Work with lines of business to advise on portfolio composition strategies, risk mitigation techniques, and structure of new credit transactions.
• Deputise for the Chief Credit Officer, as required, representing the Credit Risk Management function at internal or external meetings and presenting credit risk updates at senior management fora.
• Leverage market intelligence to monitor economic, geopolitical, and industry trends that impact risk in the portfolio and generate proposals to re-balance risk.
• Work with other members of the Credit Risk Management team to analyse credit risk metrics and indicators, providing insightful reporting and recommendations to senior management to support informed decision-making.

Qualifications / Skills :

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

This role has been identified as a Controlled Function CF2 under the Central Bank of Ireland’s Individual Accountability Framework Act 2023.

Accordingly, US Bank DAC must be satisfied on reasonable grounds that the role holder complies at all times with the fitness and probity / propriety standards. Applicants agree to permit US Bank (or its agents) to conduct such due diligence as it deems necessary to satisfy itself on reasonable grounds that you comply with the Fitness and Probity / Propriety Standards and that you will provide US Bank with all information and / or documentation relating to your qualifications, experience, employment history, financial soundness and other interests that US Bank requests for that purpose.

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 :

We offer an exciting, fast-paced and diverse working environment with employees of many different nationalities. We provide benefits to help you protect your health and financial security; and give you peace of mind. We also invest in your career growth with development resources that give you the opportunity to stretch and shine.

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