Industry Credit Risk Management – CRE Officer

U.S. Bank • Cincinnati, OH

2d • Onsite

About The Position

In this role, you will serve as a thought leader, coordinator and implementation manager to help ensure we effectively meet or exceed the goals for key credit risk management strategy initiatives and programs. Industry Credit Risk Management – CRE Officer is responsible for portfolio management of the bank-wide Commercial Real Estate (CRE) and Impact Finance (formerly Community Development Corp) portfolios across U.S. Bank. The functions include emerging risk identification, managing risk appetite through risk limits and credit policies, portfolio construction and asset allocation strategies, as well as management of concentration, correlation, and specialized risks associated with the CRE and Impact Finance portfolios. Additional duties would include developing pro-active and forward-looking viewpoints regarding the industry / portfolio and creating solutions and recommendations for managing risk and influencing positive change. This includes directing, monitoring, and coordinating risk management projects for assigned industries / portfolios. This role provides independent risk management and governance while working closely with the business line, credit approval and various other key constituents to build out a comprehensive and proactive approach to portfolio management that promotes a strong risk management culture, aligned with U.S. Bank’s risk appetite. You will build and maintain relationships with peers in the Credit Strategy as well as the broader Credit Risk Management (CRM) organization and line of business to achieve desired project goals or program outcomes. This is an influential individual contributor role that requires managing projects simultaneously, maintaining strong procedural documentation, and adjusting priorities as the business and regulatory environment evolves.

Requirements

• Hands-on leader who excels at collaborating across functional areas to develop, drive and maintain the credit risk strategy and ensure we meet core business objectives
• Self-starter, ability to quickly assimilate and analyze large amounts of information across a variety of topics
• Strong tenacity and resilient under pressure and self-motivated in a fast paced and demanding environment
• Highly engaged, strong attention to detail, and outcome oriented
• Strong analytical problem solving, and the person should have a high level of integrity to deal with highly confidential data
• Presents persuasively and authoritatively to peers and senior leadership, while facilitating collaborative conversation
• Consistently delivering work that meets or exceeds commitments
• Bachelor's degree, or equivalent work experience
• Typically more than 10 years of applicable experience

Nice To Haves

• Bachelor’s degree in Business, Finance, Economics, Statistics or similar
• Understanding of basic credit risk management concepts, along with 1st line and/or 2nd line experience related to underwriting and/or credit risk portfolio management preferred
• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Broad understanding of Commercial Real Estate credit risk processes and governance programs, and credit data at U.S. Bank, or another mid-sized or large banking institution
• Considerable understanding of the business line’s operations, products/services, systems, and associated risks/controls
• Thorough knowledge of Risk/Compliance/Audit competencies
• Strong analytical, process facilitation and project management skills
• Interest and awareness of external environment and economic events and their potential impacts to credit risk
• Effective presentation, interpersonal, written and verbal communication skills
• 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
• Applicable professional certifications

Responsibilities

• Partnering with Credit Risk Management and U.S. Bank business units to identify and manage emerging risks associated with the respective portfolio. This includes developing relevant metrics and segmentation to assess exposure at risk and credit policies to mitigate short-term and long-term risks, with demonstrated value creation where feasible.
• Assisting in developing requirements for technology projects to gather relevant data and design ongoing or ad-hoc analyses as needed.
• Working with the centralized reporting team to develop and maintain relevant reporting, risk limits and analysis, and performing scenario analysis to understand the bank’s exposure to potential risks and opportunities.
• Preparing management reports and presentations to communicate current state and progress on credit-focused initiatives.

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

What This Job Offers

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