SBA Business Banking Underwriting Manager

U.S. Bank • Minneapolis, MN

2d

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Manages and coordinates the activities for assigned Business Banking Underwriting department. Ensures quality service and effective support for all of the assigned internal and external customers. Accomplishes results through the effective management of staff that may range from lower level non-exempt through exempt level professionals. Administers corporate policies and procedures and ensures compliance with applicable laws and regulations. Conducts underwriting review process in a manner designed to minimize the bank’s risk while employing problem resolution techniques in approving loans. Provides support and training for all staff, including underwriting guidelines for underwriting staff.

Requirements

• Bachelor's degree, or equivalent work experience
• Typically eight to 10 years of related experience

Nice To Haves

• Expert level of knowledge in SBA portfolio management, including 504 and 7a loans, covenant monitoring and testing, problem credit management and servicing actions
• Familiarity with navigation of current versions of SOP 50.10 and 50.57
• Ability to multi-task and successfully manage multiple competing priorities.
• Five or more years direct management experience, specifically leading teams of 5+ employees
• Advanced nCino skills, especially the ability to create targeted reports
• Proficiency in AFS, Hogan, and Fusion a plus

Responsibilities

• Manages and coordinates the activities for assigned Business Banking Underwriting department.
• Ensures quality service and effective support for all of the assigned internal and external customers.
• Accomplishes results through the effective management of staff that may range from lower level non-exempt through exempt level professionals.
• Administers corporate policies and procedures and ensures compliance with applicable laws and regulations.
• Conducts underwriting review process in a manner designed to minimize the bank’s risk while employing problem resolution techniques in approving loans.
• Provides support and training for all staff, including underwriting guidelines for underwriting staff.

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: Manager
• Number of Employees: 5,001-10,000 employees