Credit Risk Review Officer
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.
Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense.
– Bachelors degree, or equivalent work experience
– Typically more than eight years of applicable experience
-Eight years of wholesale and/or business banking credit experience in one or more of the following functions: credit risk management, counterparty credit risk, credit analyst, underwriter, portfolio manager, relationship manager, credit risk review officer, or credit approval officer.
-Proven, effective and efficient project management in a credit review function (typically five or more years of experience) or credit related project management experience.
-Strong understanding of a broad range of financial instruments including loans, corporate bonds, equities, derivatives, and structured products. Strong knowledge of counterparty credit risk is highly preferred.
-Strong credit analysis skills to accurately and efficiently evaluate loan structure, borrower financial condition, repayment capacity, collateral, exceptions, risk rating, and key credit risk drivers.
-Ability to consistently and accurately evaluate and challenge a business unit’s underwriting and/or portfolio management processes. Individuals serve as technical/subject matter experts, in both credit and credit review, for their respective team and CRR.
-Strong capital markets experience in complex structures enabling an individual to deconstruct transactions and understand all the risk points, in particular complex derivative transactions and leveraged finance transactions.
-Ideally 5 years in credit risk focusing on counterparty credit risk and FI and NBFI sectors. This experience could have been gained at a major financial institution, consulting firm or in an internal audit function.
-Accomplished project manager with subject matter knowledge and confidence to manage peers, challenge testing conclusions, and hold team members (including peers) accountable for producing accurate work within acceptable time frames.
-Excellent communicator. Listens without interrupting the speaker. Clearly and concisely articulates questions and conclusions. Is capable and confident when talking one-on-one and has good presentation skills.
-Strong time management skills, including the ability to prioritize assigned tasks, project achievable delivery dates, meet or exceed deadlines.
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Learn how the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. Thats 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 (some may vary based on role, location or hours):
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
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
EEO is the Law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088EEOCKnowYourRights6.12ScreenRdr.pdf) EEO poster.
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .
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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $112,880.00 – $132,800.00 – $146,080.00
U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.