Job DescriptionIndependently analyzes and underwrites complex SBA and commercial credit transactions and develops lending recommendations for new originations, renewals, and extensions.
Demonstrates in-depth knowledge of SBA 7(a) and 504 lending requirements and applies SBA SOPs and internal credit policies to independently assess eligibility, structure transactions, identify policy considerations, and develop sound credit recommendations.
Performs comprehensive credit analysis, including financial statement spreading, cash flow and repayment capacity analysis, credit risk assessment, and evaluation of transaction structure to support sound lending decisions.
Evaluates credit requests and existing credit relationships to identify credit quality concerns, mitigate risk, and minimize potential loss.
Utilizes credit systems, financial analysis software, and other technology-based tools to support the underwriting and credit analysis process.
Basic Qualifications
• Bachelors degree or equivalent work experience
• Typically six or more years of relevant work experience
Preferred Qualifications
• Preferred: Direct SBA credit analysis and underwriting.
• Transferable: C&I underwriting, broad commercial credit, financial analysis, or accounting.
• Financial analysis: Reads, spreads, and interprets financials and explains the story behind metrics.
• Credit decisioning: Assesses risk, structures commercial credit, and understands approval processes. Mild Concerns / Development Areas
• Complexity: Navigates SBA rules alongside internal credit policy and varied deal structures.
• Communication: Strong written and verbal communication with internal partners.
• Operating style: Comfortable in a fast-paced environment with multiple priorities.
• Technology: nCino experience is beneficial, but not required.
Location Expectations
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: $105,400.00 - $124,000.00
Posting may be closed earlier due to high volume of applicants.
