Credit Risk Review Officer - Commercial Real Estate

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 Risk Review Officers independently evaluate and monitor risk in Corporate and Commercial Banking. CRROs independently evaluate and monitor credit risk and credit management processes within the bank to minimize losses. This is accomplished through the analysis of portfolio credit quality and portfolio reporting, independent review of individual credits, and the continual monitoring and periodic evaluation of the risk management processes across business lines. CRROs are responsible for critically evaluating the quality of risk management, identifying and challenging weak or ineffective practices, and sharing best practices to effect change.
Officers will collaborate with senior leadership from Credit Risk Management (Approvers), Business Lines, Corporate Audit Services and have exposure to a diverse group of portfolios. Portfolios reviewed will be primarily Commercial Real Estate focused. A successful candidate will desire variety and have the ability to apply skills and past experience to different portfolios and processes. Candidates identify gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors and identifies, responds and/or escalates risks as appropriate.

Basic Qualifications

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

Preferred Skills/Experience

• Credit analysis skills to accurately evaluate borrower financial condition, repayment capacity, risk rating, key credit drivers, loan structure, collateral and exceptions.
• Ability to accurately evaluate a business unit’s underwriting and/or portfolio management processes.
• Draws accurate conclusions efficiently and can make decisions without the benefit of full information.
• Ability to investigate, identify, and articulate root causes of issues.
• Adept communicator. Listens without interrupting the speaker. Clearly articulates questions and conclusions. Is capable and confident when talking one-on-one and has adequate presentation skills.
• Clear and concise writing style.
• Strong time management skills, including the ability to prioritize assigned tasks, project achievable delivery dates, meet deadlines or escalate when needed.
• Is a self-starter, is self-directed and proactively seeks out work.
• Ability to work independently but may need limited guidance from a manager, project manager, or senior team member, as appropriate.
• Considerable knowledge 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
• Effective relationship building and negotiation skills
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
• 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