Credit Analyst - Multifamily Underwriter at US Bank National Association
Brea, CA 92821, USA -
Full Time


Start Date

Immediate

Expiry Date

01 Aug, 25

Salary

0.0

Posted On

02 May, 25

Experience

3 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Banking/Mortgage

Description

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.

SUMMARY

U.S. Bank is seeking an experienced and motivated multifamily underwriter to support the Bank’s Commercial Mortgage Division (“CMD”), a stabilized multifamily lending platform primarily focused on major markets in California, Oregon, and Washington. Success will be measured through effective collaboration with Loan Officers, Processors, and Closers in the timely and accurate underwriting & approval of multifamily term loans.

Responsibilities

RESPONSIBILITIES

Supports Relationship Managers and Portfolio Managers to manage an assigned portfolio of customer relationships. Responsibilities will include but are not limited to: Overseeing accurate and consistent financial statements spreads, quarterly trend analyses, quarterly monitoring reports and covenant tests in accordance with bank spreading standards and credit policies. Analyzing financial data and preparing comprehensive written analyses, analyzing portfolio credit quality and assisting with industry sector reviews, assisting Portfolio Managers in preparing and presenting credit requests for Credit Approval. Maintaining a compliance monitoring and financial statistic database that tracks credit agreement requirements, receipt of customer’s financial reporting requirements, and credit metric trends.

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 la
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