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
We are seeking a motivated and analytical individual to join our Mid-Corporate Asset-Based Finance team as a Credit Analyst!
This is an excellent entry point where you will be trained and mentored by a team of experienced Portfolio Managers to learn how to properly evaluate the financial strength and risks associated with clients across various industries. As a Credit Analyst, you will play a critical role that paves the way for numerous future opportunities in areas such as sales, credit, relationship management, loan review, or other similar positions. In this role, you will perform in-depth analyses of various industries, owners' backgrounds, historical and projected financial performance, collateral performance, and risk ratings for various companies-all in accordance with the Bank's underwriting policies and guidelines.
What You'll Do
Collaborate with Portfolio Managers, Relationship Managers, and clients to address credit needs efficiently and accurately.
Approve the extension of credit and/or make recommendations to the individuals responsible for final lending decisions on new, renewal, and extension loans.
Conduct comprehensive credit analyses, including gathering, analyzing, and interpreting all @types of credit information on existing and prospective customers.
Review customer accounts and portfolios to identify, evaluate, and determine the appropriate course of action on potential credit quality issues to maximize credit quality and minimize risk and potential loss to the company.
Submit financial statements to be spread and evaluated for performance.
Assist in preparing internal credit approval documents and annual reviews.
Present credit modifications and new opportunities to internal credit partners for final approval.
Identify emerging industry trends and proactively monitor risk.
Manage complex credit requests and analyses with guidance from senior team members.
Utilize credit analysis tools and software to support decision-making.
Basic Qualifications
Bachelor's degree or equivalent work experience
Typically six or more years of relevant experience
Preferred Skills/Experience
Strong credit analysis and analytical skills
In-depth knowledge of credit analysis, credit administration, credit policy and procedures, and risk analysis
Background in economics, accounting, and/or finance; collateral analysis experience is a plus
Effective technical report writing skills
Strong verbal and written communication skills
Proficient computer navigation skills using a variety of software packages (strong proficiency in Excel)
Master's degree or CPA certification is preferred
Location Expectations
This 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 (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
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 (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: $105,400.00 - $124,000.00 - $136,400.00
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.
