CRE Sr. Credit Analyst

U.S. Bank•New York, NY

4d•$104,550 - $123,000•Hybrid

About The Position

The Commercial Real Estate (CRE) Senior Credit Analyst supports Relationship Managers and Portfolio Managers in managing an assigned portfolio of customer relationships. The role oversees accurate and consistent financial statement spreading, quarterly trend analyses, monitoring reports, and covenant tests in accordance with bank standards and credit policies. It analyzes financial data and portfolio credit quality, prepares written analyses, assists with industry sector reviews, and supports preparation and presentation of credit requests for approval. The analyst also maintains a database tracking credit agreement requirements, customer financial reporting, and credit metric trends, and proactively identifies and communicates emerging risks, mitigants, and other issues at the transaction and portfolio levels. The analyst supports existing property transactions, including refinancings, and ground-up construction projects. Responsibilities include budget monitoring and monthly construction draw reviews through project completion. The role also assists with new deal originations, including opportunities typically sized at $50 million to $100 million and select transactions up to $750 million, and participates in preparing and negotiating term sheets as applicable. The position requires working from the U.S. Bank location at Avenue of the Americas three or more days per week. The posted pay range is $104,550 to $123,000. U.S. Bank offers a benefits package subject to eligibility requirements.

Requirements

Bachelor's degree or equivalent work experience.
Three to five years of experience in a finance- or analytical-related role.

Nice To Haves

Strong foundation in CRE underwriting across multiple property types, including cash flow, valuation, sponsor analysis, structure, and covenants.
Experience authoring credit memoranda and presenting key risks, mitigants, and recommendations to approval committees.
Strong analytical and technical writing skills, including the ability to translate complex sponsor, tenant, and technical diligence into clear credit narratives.
Strong verbal and written communication skills and ability to collaborate across origination, portfolio management, credit risk, and technical advisors.
Ability to independently drive analyses while partnering closely with Relationship Managers, Portfolio Managers, and Credit Approvers.
Ability to execute straightforward credit requests for existing clients, author credit analyses, and work with Credit Approvers within the bank.
Ability to independently participate in client bank meetings if necessary.
Familiarity with banking credit policy, loan documentation concepts, and CRE underwriting processes, including construction, bridge, term, and portfolio facilities.
Experience with nCino, CoStar, and/or other CRE research platforms.
Advanced proficiency in Microsoft Excel, including cash flow modeling and scenario analysis, and the broader Microsoft Office Suite.

Responsibilities

Oversee accurate and consistent financial statement spreads, quarterly trend analyses, quarterly monitoring reports, and covenant tests in accordance with bank spreading standards and credit policies.
Analyze financial data and prepare comprehensive written analyses.
Analyze portfolio credit quality and assist with industry sector reviews.
Assist Portfolio Managers in preparing and presenting credit requests for Credit Approval.
Maintain a compliance monitoring and financial statistic database tracking credit agreement requirements, receipt of customer financial reports, and credit metric trends.
Proactively identify and communicate emerging risks, mitigants, and other issues at the transaction and portfolio level.
Support existing property transactions, including refinancings, and ground-up construction projects.
Monitor construction budgets and review monthly construction draws through project completion.
Assist with new deal originations, including evaluating opportunities typically sized at $50 million to $100 million and select transactions up to $750 million.
Participate in preparing and negotiating term sheets, as applicable.
Work from the U.S. Bank location at Avenue of the Americas three or more days per week.

Benefits

Healthcare, including medical, dental, and vision coverage.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation of 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs, equity stock purchase, 401(k) contribution, and pension, subject to eligibility requirements.