Job Information
U.S. Bank Investor & Partnership Development Specialist in Denver, Colorado
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 Business Development Specialist leads internal processes for Elan Partnership Development’s efforts to sign new partners and related asset acquisitions. Key functions include performing analyses of self-issuer credit card portfolios to create financial offers, overseeing the contract process, managing the due diligence process, and creating case studies and targeting metrics. Keys to success include the ability to understand Elan’s business model and how we sustain our competitive advantages, to be strategic in driving Elan’s business development efforts to manage multiple projects, and to have a deep understanding of finance, valuation, and investment decision principles.
Job Description:
Keys to success include the ability to understand the Elan’s business model and how we sustain our competitive advantages within the rapidly changing payments industry, be strategic in driving Elan’s business development efforts, and manage multiple tasks.
Leading the deal process with internal parties such as finance, risk, legal, compliance, etc. to set partnership terms, support contract negotiations, develop in source versus outsource analysis, communicating offers with sales team and understanding the differences in various proposals along with the related impacts on profitability for both Elan and our prospects.
Able to manage multiple projects across departments in a fast-paced environment; ability to sell both up and down within the organization.
Collaborating with Salespeople to move opportunities through the deal stage process.
Analyze loan portfolio purchase opportunities, identifying portfolio trends and profitability, and collaborating with sales and finance teams to determine optimal financial terms that meet internal objectives and the needs of our prospective partners.
In support of sales presentations, create financial pro forma forecasts and scenarios detailing performance under a traditional credit card payments insourced model verses an outsourced credit card issuing model.
Shepherd deals through our internal due diligence process with compliance, risk, and legal teams to gain executive approvals and complete the closing process.
Perform ad hoc research to analyze industry trends, competitors, portfolio key performance drivers, and various model assumptions to support business objectives.
Maintain business development processes and procedures.
Basic Qualifications for this position:
Bachelor's degree with a focus on finance or related field of study
Prefer three or more years of experience in business development, investment banking, valuation, financial analysis, or related industry experience.
Additional Skills/Experience:
Knowledge of loan portfolio analysis and valuation
Understanding of financial institution financial statements, including income statement, balance sheet, and cash flow;
Possess excellent written and verbal communication skills, including creation of Word Documents and PowerPoint presentations;
Able to create excel spreadsheet tools to drive informative decision support tools;
Ability to make critical decisions independently and work well within a team environment;
Knowledgeable of GAAP accounting standards and how GAAP is applied to Financial Institutions and Loan Portfolios;
Familiar with Banking and Credit Union industry regulation.
Location Expectations
This role is hybrid. Team members who are in a hybrid role typically spend three days a week at the listed U.S. Bank location(s), while having flexibility on their work location for the other working 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 (https://careers.usbank.com/global/en/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 (some may vary based on role, location or hours):
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
EEO is the Law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO poster.
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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .
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: $119,765.00 - $140,900.00 - $154,990.00
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.
Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.
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