Credit Risk Review Officer

U.S. Bank • St. Louis, MO

3d • Hybrid

About The Position

Credit Risk Review Officers independently evaluate and monitor risk in Wholesale Banking. CRROs independently evaluate and monitor credit risk and credit management processes within the bank to minimize losses. This is accomplished through the analysis of portfolio credit quality and portfolio reporting, independent review of individual credits, and the continual monitoring and periodic evaluation of the risk management processes across business lines. CRROs are responsible for critically evaluating the quality of risk management, identifying and challenging weak or ineffective practices, and sharing best practices to effect change. Officers will collaborate with senior leadership from Credit Risk Management (approvers), Business Lines, Corporate Audit Services and have exposure to a diverse group of portfolios. Portfolios reviewed include; Asset Based Lending, Private Credit and Acquisition Finance, Energy, Healthcare, Non-Profits, Special Assets and many more. A successful candidate will desire variety and have the ability to apply skills and past experience to different portfolios and processes. Candidates identify gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors and identifies, responds and/or escalates risks as appropriate.

Requirements

• Bachelor's degree, or equivalent work experience.
• Typically more than six years of applicable experience.
• Credit analysis skills to accurately evaluate borrower financial condition, repayment capacity, risk rating, key credit drivers, loan structure, collateral and exceptions.
• Ability to accurately evaluate a business unit’s underwriting and/or portfolio management processes.
• Ability to draw accurate conclusions efficiently and make decisions without the benefit of full information.
• Ability to investigate, identify, and articulate root causes of issues.
• Adept communicator. Listens without interrupting the speaker. Clearly articulates questions and conclusions. Is capable and confident when talking one-on-one and has adequate presentation skills.
• Clear and concise writing style.
• Strong time management skills, including the ability to prioritize assigned tasks, project achievable delivery dates, meet deadlines or escalate when needed.
• Is a self-starter, is self-directed and proactively seeks out work.
• Ability to work independently but may need limited guidance from a manager, project manager, or senior team member, as appropriate.
• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business.
• Considerable understanding of the business line’s operations, products/services, systems, and associated risks/controls.
• Thorough knowledge of Risk/Compliance/Audit competencies.
• Effective relationship building and negotiation skills.
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations.
• Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Nice To Haves

• Applicable professional certifications.

Responsibilities

• Independently evaluate and monitor credit risk and credit management processes within the bank to minimize losses.
• 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.
• Identify and challenge weak or ineffective practices.
• Share best practices to effect change.
• Collaborate with senior leadership from Credit Risk Management, Business Lines, and Corporate Audit Services.
• Identify gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors.
• Identify, respond and/or escalate risks as appropriate.

Benefits

• Healthcare (medical, dental, 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 (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 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 (all benefits are subject to eligibility requirements)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees