Commercial Real Estate Credit Analyst

US Bank; Denver (CO); On-site; USD 75,000 - 110,000; Full time

Job summary

U.S. Bank is seeking a Commercial Real Estate Credit Analyst 2 to support underwriting and portfolio management for CRE relationships, including REITs, REOCs, and real estate funds.

You will analyze borrower statements, prepare credit analyses, and help with underwriting decisions under senior guidance. The role offers exposure to complex CRE transactions, opportunities to develop financial modeling and portfolio monitoring skills, and collaboration with Relationship Managers and Underwriters in

Qualifications

• Bachelor's degree or equivalent work experience.
• 1+ year of experience in finance/analytical role.
• Foundational knowledge of financial statement analysis and credit principles.

Responsibilities

• Analyze borrower and guarantor financial statements and credit metrics.
• Prepare credit analyses and documentation for loan requests, renewals, and extensions.
• Support risk rating, transaction structuring, and underwriting analyses.
• Assist with portfolio monitoring, trend analyses, and covenant testing.
• Collaborate with Relationship Managers and Underwriters to support deal execution.

Skills

Financial analysis

Credit underwriting

Excel proficiency

Written communication

Education

Bachelor's degree

Tools

Excel

nCino

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.

The Credit Analyst assists in underwriting activities for new loan requests, renewals, modifications, extensions, annual reviews, and ongoing portfolio monitoring. This position provides exposure to complex commercial real estate transactions while developing credit analysis, financial modeling, and portfolio management skills.

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