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Credit Approval Officer

2 months ago


San Francisco, California, United States U.S. Bank Full time
Job Description

U.S. Bank is seeking an experienced Credit Approval Officer to support our Business Banking organization. This individual will be part of a team supporting the Business Banking California and West Regions for Commercial (C&I) and Commercial Real Estate (D&I) lending.

Key Responsibilities
  • Approve loans in excess of Business Banking Credit Services authority with a focus on larger and more complex Business Banking portfolios.
  • Ensure conformity with bank policies and work with underwriting and sales teams on transaction and covenant structures.
  • Be integral to ensuring that ongoing administration and review is adequate to maintain the loan portfolios' quality and profitability.
  • Partner effectively 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.
Preferred Skills
  • 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

U.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, among other factors.