Senior Credit Approval Officer

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 DescriptionThe 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 review and approve facilities, loans, leases, and lines of credit exceeding business unit or credit officer authority levels. This includes analyzing deal structures and documents, collateral evaluation, due diligence, internal rating analysis, and stress testing. The candidate should be knowledgeable in assessing various risks in transactions, such as credit, liquidity, and regulatory risks.The Senior Credit Approval Officer develops guidance policies and monitors delinquency, loss, and risk rating accuracy across business units. Additionally, they will review the group's loan underwriting and portfolio management performance for senior management and regulatory agency review.In addition to overall credit approval responsibilities, this position will work collaboratively with business lines to ensure compliance with related policies and procedures, monitor and report on risk across the portfolios, ensure compliance with regulatory requirements, identify trends and potential risks, and analyze new business prospects. The position will also serve as a subject matter expert and provide guidance related to the businesses.Basic QualificationsBachelor's or advanced degree, or equivalent work experienceTypically more than 15 years of applicable experiencePreferred Skills/ExperienceConsiderable 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 located near any of our locations would be required to work on site at least three days per week.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).EEO 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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal

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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 (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: $165,325.00 - $194,500.00 - $213,950.00U.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.

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