Credit Risk Review Officer

U.S. Bank•Charlotte, NC

4d•Hybrid

About The Position

Credit Risk Review Officers independently evaluate and monitor credit risk and credit management processes within U.S. Bank’s Wholesale Banking organization to help minimize losses. Their work includes analyzing portfolio credit quality and reporting, independently reviewing individual credits, and continually monitoring and periodically evaluating risk management processes across business lines. Officers assess the quality of risk management, challenge weak or ineffective practices, and share best practices to effect change. The role collaborates with senior leaders in Credit Risk Management, business lines, and Corporate Audit Services, and reviews a diverse range of portfolios, including Asset Based Lending, Private Credit and Acquisition Finance, Energy, Healthcare, Non-Profits, and Special Assets. Officers identify gaps and inform solutions to reduce losses arising from inadequate processes, systems, or human error, and identify, respond to, or escalate risks as appropriate. The position 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 business-unit 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, one-on-one communication, and presentation skills.
Clear and concise writing style.
Strong time-management and prioritization skills, including projecting achievable delivery dates, meeting deadlines, and escalating when needed.
Self-starter who is self-directed and proactively seeks 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 the business line’s 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 and experience using a variety of software packages, including Microsoft Office applications and word processing.

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 risk management quality, identify and challenge weak or ineffective practices, and share best practices.
Identify process, system, and human-error gaps and inform solutions to minimize resulting losses.
Identify, respond to, and escalate risks as appropriate.
Collaborate with senior leadership in Credit Risk Management, business lines, and Corporate Audit Services.

Benefits

Healthcare coverage, including medical, dental, and 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 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
Pension