Credit Risk Review Officer
About The Position
Credit Risk Review Officers independently evaluate and monitor credit risk and credit management processes within Wholesale Banking to minimize losses. They analyze portfolio credit quality and reporting, independently review individual credits, and continually monitor and periodically evaluate risk management processes across business lines. Officers assess the quality of risk management, identify and challenge weak or ineffective practices, and share best practices to effect change. They identify gaps and inform solutions to reduce losses arising from inadequate internal processes, systems, or human errors, and identify, respond to, or escalate risks as appropriate. The role collaborates with senior leadership from Credit Risk Management, Business Lines, and Corporate Audit Services and provides exposure to diverse portfolios, including Asset Based Lending, Private Credit and Acquisition Finance, Energy, Healthcare, Non-Profits, and Special Assets. The position requires applying skills and prior experience across different portfolios and processes. It requires working from a U.S. Bank location three or more days per week.
Requirements
- Bachelor's degree or equivalent work experience.
- Typically more than six years of applicable experience.
Nice To Haves
- Credit analysis skills to evaluate borrower financial condition, repayment capacity, risk rating, key credit drivers, loan structure, collateral, and exceptions.
- Ability to evaluate a business unit’s underwriting and/or portfolio management processes.
- Ability to draw accurate conclusions efficiently and make decisions without complete information.
- Ability to investigate, identify, and articulate root causes of issues.
- Strong communication skills, including listening, clearly articulating questions and conclusions, and presenting effectively.
- Clear and concise writing style.
- Strong time management skills, including prioritizing tasks, projecting achievable delivery dates, meeting deadlines, and escalating when needed.
- Self-starter who is self-directed and proactively seeks out work.
- Ability to work independently, with limited guidance from a manager, project manager, or senior team member as appropriate.
- Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends affecting the assigned line of business.
- Considerable understanding of business-line operations, products and services, systems, and associated risks and controls.
- Thorough knowledge of Risk, Compliance, and Audit competencies.
- Effective relationship-building and negotiation skills.
- Proficient computer navigation skills using various software packages, including Microsoft Office applications and word processing/spreadsheet tools.
- Applicable professional certifications.
Responsibilities
- Independently evaluate and monitor credit risk and credit management processes within Wholesale Banking.
- Analyze portfolio credit quality and portfolio reporting.
- Independently review individual credits.
- Continually monitor and periodically evaluate risk management processes across business lines.
- Critically evaluate the quality of risk management and identify and challenge weak or ineffective practices.
- Share best practices to effect change.
- Identify gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems, or human errors.
- Identify, respond to, and/or escalate risks as appropriate.
- Collaborate with senior leadership from Credit Risk Management, Business Lines, and Corporate Audit Services.
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, 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
- Incentive and recognition programs.
- Equity stock purchase.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
