Job DescriptionThe 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.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00
Posting may be closed earlier due to high volume of applicants. 
