Commercial Real Estate Credit Analyst

U.S. Bank; Denver (CO); Hybrid; USD 87,000 - 102,000; Full time

Benefits offered by this job

Healthcare

401(k) plan

Paid vacation

Paid holidays

Adoption assistance

Parental leave

Job summary

U.S. Bank in Denver seeks a Commercial Real Estate Credit Analyst 2 to support underwriting and portfolio management of CRE relationships, including REITs and REOCs.

You will perform financial analysis, prepare credit materials, monitor portfolio performance, and assist with underwriting decisions under guidance from senior staff. This role emphasizes collaboration with Relationship Managers, Portfolio Managers, and Underwriters, plus inputting financial statements, building models in Excel, and

Qualifications

• Bachelor's degree or equivalent work experience in finance.
• Experience in financial statement analysis and credit principles.
• Strong written and verbal communication skills.
• Proficiency in Excel and financial analysis tools.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Responsibilities

• Analyze borrower and guarantor financial statements to evaluate operating performance and credit risk.
• Prepare credit analyses and supporting documentation for loan requests and renewals.
• Support risk rating assessments and underwriting analyses.
• Perform underwriting analyses for CRE transactions under supervision.
• Track portfolio performance and covenant compliance.

Skills

Financial analysis

Communication skills

Excel

nCino

Education

Bachelor's degree

Equivalent work experience

Tools

nCino

Financial analysis tools

Job description

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 Commercial Real Estate (CRE) Credit Analyst 2 supports the underwriting and portfolio management of commercial real estate relationships, including Real Estate Investment Trusts (REITs), Real Estate Operating Companies (REOCs), and real estate investment funds. Working under the guidance of senior underwriting and portfolio management professionals, this role performs financial analysis, prepares credit‑related materials, monitors portfolio performance, and assists with underwriting activities that support sound credit decisions.

Key Responsibilities

Credit Analysis & Underwriting Support

• Analyze borrower and guarantor financial statements to evaluate operating performance, repayment capacity, and key credit metrics.
• Assist in preparing written credit analyses and supporting documentation for new loan requests, renewals, modifications, and extensions.
• Support risk rating assessments and transaction structuring analyses.
• Perform underwriting analysis for commercial real estate transactions under the direction of senior underwriting professionals.
• Gather, organize, and validate financial and credit information used in underwriting recommendations.

Portfolio Management Support

• Support the ongoing management and monitoring of an assigned portfolio of commercial real estate relationships.
• Assist with quarterly trend analyses, annual reviews, covenant compliance testing, and monitoring activities.
• Track borrower financial reporting requirements and ensure information is received timely.
• Maintain portfolio monitoring tools and compliance tracking databases.
• Escalate potential credit concerns or exceptions to senior team members for review.

Financial Analysis

• Complete financial statement spreading and maintain accurate financial reporting systems.
• Analyze borrower performance, liquidity, leverage, cash flow, and debt service capacity.
• Prepare financial models and reports that support underwriting and portfolio management activities.
• Research market, industry, and borrower‑specific trends impacting credit quality.
• Maintain covenant monitoring and financial performance tracking tools

Business Partnership

• Partner with Relationship Managers, Portfolio Managers, and Underwriters to support customer relationships and transaction execution.
• Collaborate with Credit Risk Management and other partners throughout the underwriting process.
• Participate in internal discussions related to transaction structure, borrower performance, and portfolio monitoring.
• Assist with preparing materials for credit approval and portfolio review discussions.

Day-to-Day Responsibilities

• Input, spread, and analyze borrower financial statements.
• Prepare financial models and underwriting support analyses in Excel.
• Assist with quarterly monitoring reports, annual reviews, and trend analyses.
• Conduct covenant compliance testing and financial performance tracking.
• Maintain portfolio monitoring databases and reporting tools.
• Support the preparation of credit approval packages and annual review materials.
• Assist with underwriting activities related to new financing requests, renewals, modifications, and extensions.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• More than one year of experience in a finance/analytical related role

Preferred Skills/Experience

• Background in finance, accounting, economics, commercial banking, or commercial real estate.
• Foundational knowledge of financial statement analysis and commercial credit principles.
• Ability to analyze financial data and identify key trends and risk indicators.
• Effective analytical and technical writing skills.
• Strong verbal and written communication skills.
• Ability to manage multiple priorities and meet deadlines in a fast‑paced environment.
• Experience working with Microsoft Excel and financial analysis tools.
• Familiarity with commercial lending systems such as nCino or similar platforms.
• Ability to work independently while appropriately escalating issues and seeking guidance.
• Interest in commercial real estate finance and credit underwriting.

Location Expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

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

• 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: $86,530.00 - $101,800.00

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.