Impact Finance - Subscription Finance and Private Equity Portfolio Manager

Impact Finance - Subscription Finance and Private Equity Portfolio Manager

4 days ago Be among the first 25 applicants

$/yr - $/yr

U.S. Bank Impact Finance's Corporate Sales/Advisory and Private Equity ("CSA") team is an investor and lender in the private equity fund industry. We provide direct equity investment as well as subscription 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 private equity clients, lead strategic portfolio initiatives, and contribute to the growth of a high‑performing, client‑centric business.

This role has multiple levels, open to candidates with six+ years of relevant experience. The successful candidate will be hired for the level of the position that aligns with their experience.

• Lead and partner with Relationship Managers and subscription finance originations 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, etc.) and their underlying investors, applying credit policy to structure credit facilities including their borrowing bases.
• Analyze a diverse range of investor types including banks, 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.
• Maintain ongoing monitoring of our subscription line portfolio, including borrowing base compliance and covenant tests.
• Manage annual and quarterly reviews and identify any early warning indicators along with escalating material changes in line usage or covenant adherence.
• Monitor performance of the LP commitments to include tracking capital calls, distributions, NAV trends, and unfunded commitments.
• Perform projection modeling and familiarity with valuation methods in private equity.
• Manage annual and periodic reviews for private equity fund investments.

• Bachelor's degree, or equivalent work experience.
• Six to eight years of relevant experience.

• Experience in subscription finance and/or underwriting structured credit facilities for private equity clients.
• Experience in projection modeling and familiarity with equity valuation methods.
• Strong proficiency in Microsoft Office (Word, Excel, Outlook, 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.

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…