Credit Analyst 5

U.S. Bank•Minneapolis, MN

23h•$92,820 - $109,200•Hybrid

About The Position

The Credit Analyst is responsible for approving extensions of credit and/or recommending approval or denial to the person(s) making final lending decisions for new, renewal, and extension loans. Before making or advising on a credit decision, the analyst conducts a complete credit analysis by gathering, analyzing, and interpreting credit information on existing and prospective customers. The role reviews customer accounts and portfolios to identify and evaluate potential credit quality issues and determine appropriate actions to maximize credit quality and minimize risk and potential loss to the company. The analyst may use computer software and other technological tools to evaluate individual credits or portfolios, compare possible courses of action, and make recommendations or decisions after considering alternatives. This role requires working from a U.S. Bank location three or more days per week.

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.
Effective technical report-writing skills.
Effective verbal and written communication skills.
Proficient computer navigation skills using a variety of software packages.

Nice To Haves

Background in economics, accounting, and/or finance.
Master’s degree or CPA certification.

Responsibilities

Approve extensions of credit and/or recommend approval or denial to final lending decision-makers for new, renewal, and extension loans.
Gather, analyze, and interpret credit information on existing and prospective customers.
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 assess individual credits or portfolios and compare possible courses of action.
Make credit recommendations and/or decisions after evaluating possible alternatives.

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.