U.S. Bank

Business Banking Credit Lending Authority Management Leader

U.S. Bank • $133K — $156K *
Minneapolis, MN 55407In-Person
Finance & Insurance
8 - 10 years of experience
Reposted Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent work experience
  • 10+ years of related experience
  • Considerable knowledge of credit policies and procedures
  • Strong analytical skills related to asset management
  • Demonstrated management and leadership skills
  • Effective communication skills

Responsibilities

  • Lead the design and execution of a new Lending Authority framework
  • Champion initiatives for efficiency and standardization
  • Identify gaps in lending authority coverage
  • Establish and monitor Lending Authority control framework
  • Manage a team of 3 to 5 Lending Authority professionals
  • Define team goals and hold members accountable
  • Provide mentorship and guidance to team members

Benefits

  • Healthcare coverage including medical, dental, and vision
  • Life insurance options
  • Short-term and long-term disability benefits
  • Parental and pregnancy disability leave
  • 401(k) plan with employer contributions
  • Paid vacation ranging from two to five weeks
  • Up to 11 paid holidays each year
  • Adoption assistance
  • Sick and Safe Leave accruals up to 80 hours per year
Full Job Description
Job Description

The Business Banking Credit Lending Authority Management leader will manage a newly developed team of Lending Authority Management professionals within the Business Banking Credit Services organization. The Lending Authority Management team is responsible for the upskilling, testing, monitoring, and controls of underwriters throughout their credit approval lending authority lifespan. This leader will also partner with key stakeholders on strategic initiatives to increase lending authority thresholds established within Credit Policy.

Key Responsibilities:
  • Strategy & Transformation:
    • Lead the design and execution of a new Lending Authority framework for business banking credit underwriters
    • Champion Lending Authority transformation initiatives that enhance efficiency, scalability, and process standardization across credit support functions
    • Partner with leaders and analytics partners throughout the organization to identify gaps in lending authority coverage based on product, region, seniority, and overall capacity
    • Establish and monitor ongoing Lending Authority control framework; ensuring employees are operating within the defined risk appetite
  • Team Management:
    • Directly manage a team of 3 to 5 Lending Authority Management professionals
    • Clearly define role-based goals and team objectives, holding employees accountable for their overall performance
    • Act as a mentor, providing clear feedback and guidance to employees
    • Assist in the interviewing, hiring and training of new employees


Basic Qualifications
  • Bachelor's degree, or equivalent work experience
  • Typically 10 or more years of related experience


Preferred Skills/Experience
  • Considerable knowledge of credit policies, credit analysis, procedures and philosophy
  • Strong analytical skills in relation to evaluating asset utilization and goals
  • Demonstrated analytical and risk analysis skills
  • Advanced knowledge of organization, business practices, business philosophy, and ethics
  • Demonstrated management and leadership skills
  • Well-developed customer service/relations skills
  • Effective verbal and written communication skills


Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
  • 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


Review our full benefits available by employment status here.

Posting may be closed earlier due to high volume of applicants.

About U.S. Bank

U.S. Department of the Treasury is a government agency responsible for promoting economic prosperity and ensuring financial security. The department is responsible for a wide range of activities such as advising on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions.

U.S. Bank Careers

Join the dynamic team at U.S. Bank, one of the nation's top banking institutions, where your career journey is as promising as the services we provide to our customers. At U.S. Bank, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Explore Job Opportunities and Growth

At U.S. Bank, we offer a variety of job opportunities that cater to a range of skills and professional interests. Whether you are looking for a position in finance, technology, customer service, or management, U.S. Bank is hiring talented individuals who are eager to contribute to our mission and grow with us.

Internship Programs

Kickstart your career with U.S. Bank’s internship programs. These opportunities are designed for ambitious students who want to gain hands-on experience and develop essential skills in a real-world setting. Our internships provide a platform to engage with experienced professionals and explore potential career paths within the company.

Benefits and Employment Perks

Choosing a career at U.S. Bank means more than just employment. We offer comprehensive benefits designed to enhance your life and well-being. From health and wellness programs to retirement plans, we ensure our team members are supported both personally and professionally.

Our Commitment to Diversity and Inclusion

Diversity and inclusion are at the core of our values at U.S. Bank. We are dedicated to creating an environment where all employees feel valued and included. Our diversity training programs are part of our commitment to an inclusive workplace, where everyone can thrive.

Leadership and Professional Development

Leadership at U.S. Bank is about more than guiding teams – it's about inspiring them. We invest in leadership training and professional development programs that help our employees become the best in their fields. By fostering a culture of learning and growth, we prepare our team members to take on new challenges and leadership roles.

Networking and Innovation

Networking at U.S. Bank goes hand in hand with innovation. Our employees are encouraged to connect with colleagues and industry leaders through various networking events and professional groups. This collaborative environment fuels innovation and allows us to stay ahead in a competitive industry.

Join Our Team

Are you ready to take the next step in your career? Explore the open positions at U.S. Bank and find where your skills and passions align with our needs. Prepare your resume, sharpen your interview skills, and get ready to join a team where your career can flourish.

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Stay ahead in your career with U.S. Bank – where your growth is our priority.
Learn more about U.S. Bank
Size
68,796 employees
Market Cap
$66.2 billion
Industry
Finance & Insurance
Net Income
$4.9 billion
5 Year Trend
+0.5%
NASDAQ
USB
* Ladders Estimates

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