Us Bank
Senior Credit Approval Officer
Us Bank, Minneapolis, Minnesota, United States, 55400
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 Senior Credit Approval Officer position within Credit Risk Management is responsible for credit approval activities focusing on the following portfolios: Government Banking, Depository Financial Institutions (DFI), and Education Non-Profit (ENP). The Senior Credit Approval Officer will be responsible for the review and approval of facilities, approving loans, leases, and lines of credit in excess of business unit or credit officer authority levels. This includes responsibility for the analysis of deal structure and documents, collateral evaluation and due diligence, internal rating analysis, and stress testing. The candidate should be knowledgeable in assessing various risks in a transaction, such as credit, liquidity, and regulatory. The Senior Credit Approval Officer develops guidance policies and monitors delinquency, loss, and risk rating accuracy across business units, and reviews the group's loan underwriting and portfolio management performance for senior management/regulatory agency review.In addition to overall credit approval responsibilities, this position will work collaboratively with the business lines to maintain and ensure compliance with related policies and procedures, monitor and report on risk across the portfolios (including timely determination of risk ratings and ratings migration), ensure compliance with regulatory requirements, identify trends and potential risks and issues, and analyze new business prospects. The position will also work closely with all the business lines across the bank to serve as a subject matter expert on and provide guidance related to the businesses.Basic Qualifications
Bachelor's or advanced degree, or equivalent work experienceTypically more than 15 years of applicable experiencePreferred Skills/Experience
Considerable understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of businessConsiderable understanding of the business line’s operations, products/services, systems, and associated risks/controlsThorough knowledge of Risk/Compliance/Audit competenciesStrong leadership and management skills of processes, projects, and peopleEffective skills at managing stressful situationsEffective written and verbal communication skillsStrong analytical, problem-solving, and negotiation skillsProficient computer skills, especially Microsoft Office applicationsApplicable professional certificationsThis role is posted as remote; however, candidates who are located near any one of our locations would be required to work on site at least three days per week.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 insuranceShort-term and long-term disabilityPregnancy disability and parental leave401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesAdoption assistanceSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by lawEEO is the LawU.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
EEO poster.E-VerifyU.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 .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.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.
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The Senior Credit Approval Officer position within Credit Risk Management is responsible for credit approval activities focusing on the following portfolios: Government Banking, Depository Financial Institutions (DFI), and Education Non-Profit (ENP). The Senior Credit Approval Officer will be responsible for the review and approval of facilities, approving loans, leases, and lines of credit in excess of business unit or credit officer authority levels. This includes responsibility for the analysis of deal structure and documents, collateral evaluation and due diligence, internal rating analysis, and stress testing. The candidate should be knowledgeable in assessing various risks in a transaction, such as credit, liquidity, and regulatory. The Senior Credit Approval Officer develops guidance policies and monitors delinquency, loss, and risk rating accuracy across business units, and reviews the group's loan underwriting and portfolio management performance for senior management/regulatory agency review.In addition to overall credit approval responsibilities, this position will work collaboratively with the business lines to maintain and ensure compliance with related policies and procedures, monitor and report on risk across the portfolios (including timely determination of risk ratings and ratings migration), ensure compliance with regulatory requirements, identify trends and potential risks and issues, and analyze new business prospects. The position will also work closely with all the business lines across the bank to serve as a subject matter expert on and provide guidance related to the businesses.Basic Qualifications
Bachelor's or advanced degree, or equivalent work experienceTypically more than 15 years of applicable experiencePreferred Skills/Experience
Considerable understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of businessConsiderable understanding of the business line’s operations, products/services, systems, and associated risks/controlsThorough knowledge of Risk/Compliance/Audit competenciesStrong leadership and management skills of processes, projects, and peopleEffective skills at managing stressful situationsEffective written and verbal communication skillsStrong analytical, problem-solving, and negotiation skillsProficient computer skills, especially Microsoft Office applicationsApplicable professional certificationsThis role is posted as remote; however, candidates who are located near any one of our locations would be required to work on site at least three days per week.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 insuranceShort-term and long-term disabilityPregnancy disability and parental leave401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesAdoption assistanceSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by lawEEO is the LawU.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
EEO poster.E-VerifyU.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 .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.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.
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