Credit Approval Officer at U.S. Bank approving loans for Business Banking portfolios. Collaborating with underwriting and sales teams to ensure compliance and loan quality oversight.
Responsibilities
Approve loans in excess of Business Banking Credit Services authority with a focus on larger and more complex Business Banking portfolios and ensure conformity with bank policies.
Work with underwriting and sales teams on transaction and covenant structures.
Ensure that ongoing administration and review is adequate to maintain the loan portfolios' quality and profitability.
Accountable for an effective partnership between the Line of Business and the Lines of Defense.
Requirements
Bachelor's or advanced degree, or equivalent work experience.
Typically, more than 12 years of applicable experience.
Significant experience in underwriting, approving, and oversight of Commercial (C&I) and Commercial Real Estate (D&I) credit requests and portfolios.
Experience underwriting, approving, and oversight of SBA and Healthcare credit requests and portfolios.
Expert knowledge of Risk/Compliance/Audit competencies.
Ability to manage job scope and complexity of assigned business at the departmental and/or division level.
Strong leadership and management skills of processes, projects, and people.
Ability to collaborate effectively with business units to innovate and strategically grow portfolios while appropriately managing risk.
Excellent written and verbal communication skills.
Strong analytical, problem-solving and negotiation skills.
Well-developed customer service/relations skills.
Ability to guide and influence underwriting and sales teams to align with the bank’s risk culture and appetite.
Ability to handle stressful situations while maintaining trusting relationships with the business line and other stakeholders.
Strong understanding of the business line’s operations, products/services, systems, and associated risks/controls.
Considerable knowledge of applicable credit policies, laws/regulations, financial services, and regulatory trends that impact business banking/lending.
Benefits
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 law
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