Credit Analyst

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.

Job Description

The Credit Analyst is responsible for performing financial analysis, credit monitoring, and portfolio management activities in accordance with bank credit policies and underwriting standards within the Internal Asset Review (IAR) group. The analyst plays a key role in maintaining credit quality, supporting credit approval requests, and ensuring ongoing compliance through accurate reporting and documentation. The portfolio primarily consists of stabilized multifamily assets, typically below $25 million, located in Tier 1 markets including Los Angeles, San Diego, San Francisco, Portland, Seattle, and New York.

Key Responsibilities

Credit Analysis & Underwriting Support

• Oversee accurate and consistent spreading of borrower financial statements in accordance with bank spreading standards and credit policies.
• Prepare quarterly trend analyses, monitoring reports, and covenant compliance testing.
• Analyze financial data and prepare clear, comprehensive written credit analyses.
• Review annual credit files, including validating and adjusting financial spreads
• Complete ancillary credit modules such as risk rating and QTR
  
  
  

Portfolio Management & Monitoring

• Manage quarterly monitoring for loans over $10MM and annual monitoring for most loans.
• Monitor portfolio credit quality and assist with industry and sector reviews.
• Track and monitor problem credits through the PCMR system, including quarterly reviews of watch‑listed credits.
• Conduct covenant testing to ensure compliance with credit agreements.
• Perform limited sponsor reviews for select relationships above defined thresholds.
  
  
  

Client & Internal Partner Interaction

• Contact clients for clarification or additional financial information as needed.
• Address unique credit situations, including asset ownership changes and borrower or guarantor changes, and support related client communications.
  
  
  

Reporting, Compliance & Data Management

• Maintain a compliance monitoring and financial statistics database tracking:
• Credit agreement requirements
• Receipt of required borrower financial reporting
• Key credit metrics and trend data
• Ensure accuracy, consistency, and completeness of credit documentation to meet audit and regulatory requirements.
• Manage a high volume of work while maintaining strong attention to detail.
  
  

Basic Qualifications

• Bachelor’s degree, or equivalent work experience
• Up to one year of experience in a finance, analytical, or related role
  
  
  

Preferred Skills & Experience

• Educational background in economics, accounting, or finance, with the ability to apply concepts to credit and lending analysis.
• Strong analytical and critical‑thinking skills, with the ability to synthesize financial information into clear, well‑supported conclusions
• Effective technical and analytical report‑writing skills
• Clear, professional verbal and written communication skills, including comfort communicating by phone with internal partners and clients when needed
• Intermediate Excel skills required; familiarity with the Microsoft Office Suite expected
• Strong organizational, multitasking, and time‑management skills to effectively manage a high volume of credit reviews
• High attention to detail, with a focus on accuracy and completeness
• Ability to perform effectively in a fast‑paced, high‑volume environment
• Coachable mindset with a strong desire to learn and grow in credit analysis and portfolio management
  
  
  

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.

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. 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:

• 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.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

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.

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: $75,905.00 - $89,300.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

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

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