Commercial Real Estate Relationship Manager

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 has an exciting opportunity for a seasoned Senior Banker to join its Commercial Real Estate (CRE) team in Chicago. The ideal Relationship Manager brings a strong track record of business development within the commercial real estate space, along with the ability to manage, grow, and optimize a large and complex loan portfolio.

The Relationship Manager will be responsible for driving revenue growth by actively prospecting for new business while retaining and expanding existing client relationships. This includes building trusted partnerships with real estate funds, developers, investors, high‑net‑worth individuals and family offices, and institutional capital providers by delivering tailored financial solutions that support clients’ long‑term objectives.

In this role, the Relationship Manager will originate large and complex commercial real estate transactions, including term loans, construction loans, bridge loans, sublines, and lines of credit, while maintaining overall portfolio credit quality. The role requires sound credit judgment, proactive risk management, and adherence to bank policies and regulatory requirements.

The Relationship Manager will also advise clients and prospects on a broad range of commercial banking products and ancillary services, identify cross‑sell opportunities, and make appropriate referrals to internal partners. Additionally, the Relationship Manager will serve as a brand ambassador for U.S. Bank, representing the organization in the local market, building relationships with real estate professionals, and supporting the Bank’s visibility through industry engagement and events, as applicable. Success in this role requires strong collaboration across product teams to deliver comprehensive, client‑centric solutions and support the continued growth of the CRE platform.

• Basic Qualifications
• Bachelor's or Master's degree in finance, accounting or other related field
• Five or more years of commercial real estate experience
• Two or more years of management experience

Preferred Skills/Experience

• Advanced knowledge and experience in commercial real estate loan origination and portfolio management.

• Understanding of commercial real estate credit and underwriting.

• Proven business development and strategic management skills.

• Chicago CRE market knowledge and originations and business development experience

• Experience with driving successful internal partnerships with deposit/treasury management and payment solutions, syndications, derivatives, wealth management, etc.

• Strong leadership and strategic management skills

• Excellent verbal and written communication skills

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

• Salesforce and n Cino experience a plus

Location expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

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:

• 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

Review our full benefits available by employment status here.

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.

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, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $159,970.00 - $188,200.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.