CRE Senior Underwriter: Drive Portfolio Risk & Growth

U.S. Bank; Los Angeles (CA); On-site; USD 124,000 - 146,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability insurance

Parental leave

401(k)

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank in Los Angeles is seeking a Commercial Real Estate Senior Underwriter to manage portfolio risk, guide credit structure, and support approval workflows across underwriting, credit, and loan administration.

The role requires at least five years of CRE lending experience, strong Excel and analytical writing skills, and ability to collaborate with relationship managers and risk partners. Location: Los Angeles, CA.

Qualifications

• Bachelor's degree, or equivalent work experience.
• Five or more years of commercial lending experience.
• Strong foundation in CRE underwriting across multiple property types.
• Experience authoring credit memoranda and presenting risks to approval committees.
• Strong analytical and technical writing skills; translate diligence into clear credit narratives.
• Strong verbal and written communication skills with cross-functional collaboration.
• Familiarity with banking credit policy, loan documentation concepts, and CRE underwriting processes.
• Advanced proficiency in Microsoft Excel and the broader Microsoft Office Suite.
• Experience with nCino, CoStar, and/or CRE platforms preferred.

Responsibilities

• Underwrite new originations and portfolio exposures for multiple CRE asset classes.
• Analyze borrower financials, property cash flows, collateral valuation, sponsor strength, covenants, and market conditions.
• Prepare clear, comprehensive written credit analyses and supporting documentation.
• Execute straightforward credit requests for existing clients with limited supervision.
• Assist with annual company-wide credit reviews for clients with multiple properties.

Skills

CRE underwriting

Analytical writing

Verbal communication

Collaboration

Excel modeling

Education

Bachelor's degree

Tools

Excel

CoStar

nCino

Microsoft Office

Job description

U.S. Bank in Los Angeles is seeking a Commercial Real Estate Senior Underwriter to manage portfolio risk, guide credit structure, and support approval workflows across underwriting, credit, and loan administration.

The role requires at least five years of CRE lending experience, strong Excel and analytical writing skills, and ability to collaborate with relationship managers and risk partners. Location: Los Angeles, CA.