Job DescriptionU.S. Bank has a great opportunity for an experienced Credit Approval Officer to support our Business Banking organization. This individual will be part of a team supporting the Business Banking California and West Regions and Healthcare for Commercial (C&I), Commercial Real Estate (D&I) and Practice Finance lending.
The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures conformity with bank policies. The individual will work with underwriting and sales teams on transaction and covenant structures. The incumbent will be integral to ensure that ongoing administration and review is adequate to maintain the loan portfolios' quality and profitability. This person will be accountable for an effective partnership between the Line of Business and the Lines of Defense.
Basic Qualifications
- Bachelor's or advanced degree, or equivalent work experience
- Typically more than 12 years of applicable experience
Preferred Skills/Experience
- Significant experience in underwriting, approving, and oversight of Commercial (C&I) and Commercial Real Estate (D&I) and Healthcare Practice Finance credit requests and portfolios.
- Experience underwriting, approving, and oversight of SBA credit requests and portfolio.
- Expert knowledge of Risk/Compliance/Audit competencies.
- Ability to manage job scope and complexity of assigned business at the departmental and/or division level.
- Strong leadership and management skills of processes, projects, and people.
- Ability to collaborate effectively with business units to innovate and strategically grow portfolios while appropriately managing risk.
- Excellent written and verbal communication skills.
- Strong analytical, problem-solving and negotiation skills.
- Well-developed customer service/relations skills.
- Ability to guide and influence underwriting and sales teams to align with the bank's risk culture and appetite.
- Ability to handle stressful situations while maintaining trusting relationships with the business line and other stakeholders.
- Strong understanding of the business line's operations, products/services, systems, and associated risks/controls.
- Considerable knowledge of applicable credit policies, laws/regulations, financial services, and regulatory trends that impact business banking/lending.
This role requires working from a U.S. Bank location three (3) or more days per week.
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: $149,515.00 - $175,900.00
Posting may be closed earlier due to high volume of applicants. 
