Credit Analyst

U.S. Bank•Minneapolis, MN

7d•$92,820 - $109,200

About The Position

The Credit Analyst is responsible for approving extensions of credit and/or recommending whether to approve or deny new, renewed, and extended loans to the person or persons making the final lending decision. Before making or advising on a credit decision, the analyst conducts complete credit analyses by gathering, analyzing, and interpreting credit information about existing and prospective customers. The role reviews customer accounts and portfolios to identify and evaluate potential credit quality issues, determine appropriate actions, maximize credit quality, and minimize risk and potential loss to the company. The analyst may use technological tools, including computer software, to evaluate individual credits or portfolios, compare possible courses of action, and develop recommendations or decisions after considering alternatives.

Requirements

Bachelor’s degree or equivalent work experience.
Typically five or more years of relevant experience.
Strong credit analysis and analytical skills.
In-depth knowledge of credit analysis, credit administration, credit policy and procedures, and risk analysis.
Background in economics, accounting, and/or finance.
Effective technical report writing skills.
Effective verbal and written communication skills.
Proficient computer navigation skills using a variety of software packages.

Nice To Haves

Commercial underwriting experience strongly preferred.
Commercial real estate underwriting experience strongly preferred.
Individual or personal financial underwriting experience.

Responsibilities

Approve extensions of credit and/or recommend approval or denial of new, renewed, and extended loans to final lending decision-makers.
Gather, analyze, and interpret credit information on existing and prospective customers as part of complete credit analyses.
Review customer accounts and portfolios to identify and evaluate potential credit quality issues.
Determine appropriate actions to maximize credit quality and minimize risk and potential loss to the company.
Use technological tools, including computer software, to evaluate credits or portfolios, compare possible courses of action, and make recommendations or decisions.

Benefits

Healthcare coverage, including medical, dental, and vision.
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.