Portfolio Monitoring Analyst
About The Position
The Portfolio Monitoring Analyst supports Corporate and Commercial Banking Lenders and Wealth Management Relationship Managers with financial analysis and loan monitoring. The role completes accurate and consistent financial statement spreads, quarterly trend analyses, and covenant tests in accordance with bank spreading standards and credit policies. It also maintains a compliance monitoring database that tracks credit approval requirements and receipt of customers’ financial reporting requirements on behalf of Portfolio Managers and/or Relationship Managers. The analyst reviews financial statements, tax returns, personal financial statements, and company compliance certificates to support lending activities associated with large credit transactions. The position is required to be onsite at least three days per week at one of the listed U.S. Bank hub locations.
Requirements
- Typically a bachelor’s degree or equivalent work experience.
- Generally one to two years of job-related experience.
- Accounting and finance knowledge normally acquired through completion of a bachelor’s degree in business, finance, or accounting.
- Good understanding of basic credit analysis, administration, policies, and procedures.
- Strong analytical and problem-solving skills and attention to detail.
- Ability to identify and resolve exceptions and interpret data.
- Effective verbal, written, and interpersonal communication skills.
- Ability to read and comprehend credit write-ups and loan documentation.
- Ability to work onsite at least three days per week at one of the listed U.S. Bank hub locations.
Responsibilities
- Support Corporate and Commercial Banking Lenders and Wealth Management Relationship Managers with financial analysis and loan monitoring.
- Complete financial statement spreads, quarterly trend analyses, and covenant tests in accordance with bank spreading standards and credit policies.
- Maintain a compliance monitoring database tracking credit approval requirements and receipt of customers’ financial reporting requirements.
- Review financial statements, tax returns, personal financial statements, and company compliance certificates to support lending activities associated with large credit transactions.
Benefits
- Healthcare, including medical, dental, and vision coverage
- Basic term and optional term life insurance
- Short-term and long-term disability insurance
- 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
- Pension
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
