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
This leader is responsible for collaborating with Sales, Product, and Risk partners to proactively drive process changes that support growth initiatives/programs while ensuring the overall SBA portfolio adheres to the bank's established risk appetite. This leader must communicate effectively to their teams, risk partners, and internal customers. Additionally, this candidate ensures group's compliance with established policy and procedure; handling personnel matters; evaluating and improving operational methods and strategies to drive accuracy, efficiency, effectiveness, productivity, and/or control; ensuring and managing sufficient technological resources; and acting as a liaison to other internal and external groups.
The successful candidate in this role will have experience in managing effective credit underwriting teams in a fast paced, high impact growth focused environment. This role will be overseeing the originations and portfolio monitoring credit underwriting teams focused on SBA lending.
The successful candidate must:
Sustain profitability and growth of SBA underwriting unit - while ensuring the group's risk appetite is in alignment with BBCS overall.
Provide strategic direction and leadership to ensure a robust, consistent, and effective underwriting experience for all credits underwritten by the SBACG UW Group.
Empower SBACG Underwriting personnel to partner effectively and efficiently with Sales and Risk partners to make prudent lending decisions while being cognizant of customer experience, bank risk appetite, and industry portfolio performance.
Implement and maintain cost-effective programs for the SBACG Group to ensure continued operational leanness while maintaining optimal efficiency and accuracy.
SPECIFICATIONS:
12+ years of banking or other relevant work experience with 7+ years of management experience.
BA/BS in business administration, finance, accounting, or other related field.
Excellent, extensive knowledge of credit policies, credit analysis, procedures, and institutional lending philosophy.
Expert knowledge of underwriting units and the ability to apply industry specific credit expertise.
Strong analytical skills in relation to evaluating asset utilization and goals.
Demonstrated excellent analytical, problem solving, and risk analysis acumen.
Thorough knowledge of organization, business practices, business products and services, and ethics.
Demonstrated excellent strategic management and leadership abilities.
Excellent oral and written communication and presentation skills.
Decisions are made in conjunction with enterprise-wide programs, plans, or strategies.
Independent action is normally required although other division or senior managers can be consulted before final action is taken.
Probable errors would have a material effect on major functions of the corporation.
Strong history of successful process management and optimization.
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: $186,150.00 - $219,000.00
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.
