Business Banking Senior Credit Officer
About The Position
Senior Credit Risk Management role responsible for leading a team of Credit Approval Officers supporting Business Banking lending in the Midwest and East regions. Portfolio composition includes C&I, Investment Real Estate and Agriculture. The team is responsible for approving loans exceeding business line authority levels and overseeing the management of the Business Banking portfolio. Responsible for maintaining prudent lending standards within U.S. Bank’s risk appetite and ensuring conformity with U.S. Bank policies and procedures, while supporting business growth, initiatives and the development/retention of client relationships. The individual serves as a subject matter expert for credit policy/procedures, credit underwriting and analysis. The team oversees the credit culture for the business line, monitors delinquency, loss and risk rating accuracy for business banking. The individual will lead the team in working with partners in sales, product, underwriting, portfolio management, auditors, and regulators.
Requirements
- Bachelor's or advanced degree, or equivalent work experience
- Typically more than 15 years of applicable experience
Nice To Haves
- Demonstrated experience in credit risk management
- Demonstrated experience in risk analysis, structuring, and portfolio management skills for C&I lending, agricultural production and investment real estate
- Excellent interpersonal, presentation, written and verbal communication skills
- Expert knowledge of credit policies, procedures and underwriting standards/practices
- Ability to assess and manage industry-specific risks
- Ability to collaborate effectively with business units to support portfolio growth and operational excellence while appropriately managing risk
- Demonstrated management and leadership skills, as well as the ability to effectively mentor approvers and manage a diverse nationwide team
- Considerable understanding of applicable laws, regulations, financial services, and regulatory trends that impact business banking/commercial lending
- Considerable knowledge of the business line's operations, products, services, systems, and associated risks/controls
Responsibilities
- Approving loans exceeding business line authority levels
- Overseeing the management of the Business Banking portfolio
- Maintaining prudent lending standards within U.S. Bank’s risk appetite
- Ensuring conformity with U.S. Bank policies and procedures
- Supporting business growth, initiatives and the development/retention of client relationships
- Serving as a subject matter expert for credit policy/procedures, credit underwriting and analysis
- Overseeing the credit culture for the business line
- Monitoring delinquency, loss and risk rating accuracy for business banking
- Leading the team in working with partners in sales, product, underwriting, portfolio management, auditors, and regulators
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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What This Job Offers
Job Type
Full-time
Career Level
Senior
