New Job!

After 5 years as a Portfolio Manager in commercial banking at U.S. Bank, I am moving on!  It became official on Friday that I will be starting as a Relationship Manager (also in commercial banking at U.S. Bank) sometime in October.  What is the difference, you as a non-banker might ask?  In one word - sales.  Although my incentive plan as a PM was based largely on loan and revenue growth, the focus of my day-to-day duties was very defense-oriented: trying to protect the bank's capital by making sure i's were dotted and t's were crossed in our underwriting process.  As an RM, I still want to make sure good loans get booked, but I can leave a lot of the underwriting/structure/credit details up to my PM brethren and sistren.  As an RM, my duties will be much more around pounding the pavement and drumming up new revenue for the bank.  I'll get out in front of clients a lot more, which was my favorite part of my job as a PM anyway!

Every day I feel grateful and lucky that I got such a great job at such a great time with such a great bank.  If I had graduated just one year later, I probably would have been competing with hundreds of former WaMu employees left high and dry by their employer's risky activities.  I am extremely proud to say that I am a banker, and that I work for U.S. Bank.  They have invested a ton in my development, and the people there have lifted me up and made me successful.  I keep thinking that I've been getting the better part of the employee-employer relationship at the bank, but when it came time for me to change jobs, they actually had a few different options for me that were very real possibilities, and I got to choose the one I liked best.

Anyway, our target market is companies that make between $20 and $500 million in annual revenues....so if you know anyone that owns a business like that, tell them to give me a holler!