Commercial Real Estate Market 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

The Commercial Real Estate (CRE) Market Manager is responsible for leading and growing a regional commercial real estate business while maintaining strong credit quality, client satisfaction, and employee engagement. This role provides leadership to a team of Relationship Managers, Portfolio Managers, and support professionals and is accountable for executing business strategy, managing risk, developing talent, and delivering profitable growth. Sustains profitability and growth of the division. Provides strategic direction and leadership to pursue objectives of the division.

The CRE Market Manager serves as the senior CRE representative in the market, building and maintaining relationships with key clients, centers of influence, and internal partners while ensuring adherence to regulatory requirements and bank policies.

Primary Responsibilities:

Business Development & Growth

• Lead the market's commercial real estate strategy and business plan.
• Drive loan, deposit, treasury management, and fee-income growth.
• Develop and maintain relationships with leading real estate developers, investors, funds, and other institutional real estate clients.
• Partner with Capital Markets, Treasury Management, Agency Lending, Wealth Management, and other internal product groups to deliver comprehensive solutions.
• Identify emerging market trends, competitive dynamics, and new business opportunities.

Leadership & Talent Management

• Lead, coach, and develop a team of Relationship Managers
• Establish performance expectations and ensure accountability for results.
• Conduct performance reviews, career development discussions, and succession planning.
• Foster a collaborative, inclusive, and high-performing culture.

Credit & Risk Management

• Maintain strong credit quality and portfolio performance across the market.
• Ensure appropriate loan structures, risk ratings, and underwriting standards.
• Monitor portfolio trends, concentrations, and emerging risks.
• Ensure adherence to all regulatory, compliance, audit, and operational risk requirements.

Success will be Measured through:

• Portfolio growth and profitability
• Credit quality and risk performance
• New client acquisition
• Deposit and fee income growth
• Employee engagement and retention
• Talent development and succession readiness
• Client satisfaction and market reputation
• Cross-functional product growth

Basic Qualifications

• Bachelor's degree in Finance, Accounting, Real Estate, Business Administration, or related field, or equivalent work experience.
• 10+ years of commercial real estate banking experience.
• 5+ years of leadership or management experience.

Preferred Qualifications

• Strong understanding of commercial lending, credit analysis, portfolio management, and risk management.
• Significant experience working with commercial real estate developers, investors, REITs, and institutional sponsors.
• Demonstrated success leading high-performing sales and credit teams.
• Strong knowledge of CRE asset classes, including multifamily, industrial, office, retail, hospitality, self-storage, and specialty property types.
• Experience presenting credit opportunities to senior credit partners and executive leadership.
• Strong strategic planning, negotiation, and relationship management skills.
• Excellent verbal and written communication abilities.

Location Expectations 
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:

• 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: $227,430.00 - 277,970.00

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.