Credit Approval Officer - Commercial Banking

at  US Bank National Association

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

Credit Approval Officer position within Credit Risk Management responsible for credit approval activities of assigned regional and specialty portfolios within Commercial Banking. The Credit Approval Officer will review and approve credit facilities in excess of business line authority levels, advising the business line on credit structure, underwriting, risk identification, and portfolio management activities. The Credit Approval Officer develops guidance policies and monitors delinquency, loss, and risk rating accuracy across assigned portfolios and reviews loan underwriting and portfolio management performance for senior management/regulatory agency review.
The Credit Approval Officer collaborates with business line leaders toward accomplishing business goals, while ensuring compliance with related policies and procedures. The position will work closely with business line and Credit Risk Management partners to identify and implement improvements to credit process efficiency objectives of the bank.

Basic Qualifications

• Bachelor’s or advanced degree, or equivalent work experience
• Typically more than 15 years of applicable experience

Preferred Skills/Experience

• Considerable understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Considerable understanding of the business line’s operations, products/services, systems, and associated risks/controls
• Thorough knowledge of Risk/Compliance/Audit competencies
• Strong leadership and management skills of processes, projects and people
• Effective skills at managing stressful situations
• Effective written and verbal communication skills
• Strong analytical, problem-solving and negotiation skills
• Proficient computer skills, especially Microsoft Office applications
• Applicable professional certifications

The 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.

• 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