Credit Risk Review Officer

Financeroles; Charlotte (NC); On-site; USD 90,000 - 130,000; Full time

Job summary

U.S. Bank is seeking a Credit Risk Review Officer to independently evaluate and monitor credit risk across Wholesale Banking.

You will assess portfolio quality, perform independent reviews of credits, and help ensure effective risk management practices across business lines. Collaborating with senior leaders in Credit Risk Management and various portfolios, you will identify gaps, articulate root causes, and escalate risks to minimize losses.

Qualifications

• Bachelor's degree or equivalent required.
• Typically 6+ years of applicable experience in credit risk/related field.
• Strong analytical and quantitative skills required.
• Excellent communication and writing abilities.

Responsibilities

• Evaluate and monitor credit risk across Wholesale Banking.
• Independently review credits and assess risk management processes.
• Collaborate with senior leadership across Credit Risk Management and business lines.

Skills

Credit analysis

Risk assessment

Underwriting

Portfolio management

Root-cause analysis

Decision making

Communication

Written communication

Time management

Self-starter

Education

Bachelor's degree or equivalent

Tools

Microsoft Office

Excel

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

Credit Risk Review Officers independently evaluate and monitor risk in Wholesale Banking. CRROs independently evaluate and monitor credit risk and credit management processes within the bank to minimize losses. This is accomplished through the analysis of portfolio credit quality and portfolio reporting, independent review of individual credits, and the continual monitoring and periodic evaluation of the risk management processes across business lines. CRROs are responsible for critically evaluating the quality of risk management, identifying and challenging weak or ineffective practices, and sharing best practices to effect change.

Officers will collaborate with senior leadership from Credit Risk Management (approvers), Business Lines, Corporate Audit Services and have exposure to a diverse group of portfolios. Portfolios reviewed include; Asset Based Lending, Private Credit and Acquisition Finance, Energy, Healthcare, Non-Profits, Special Assets and many more. A successful candidate will desire variety and have the ability to apply skills and past experience to different portfolios and processes. Candidates identify gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors and identifies, responds and/or escalates risks as appropriate.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically more than six years of applicable experience

Preferred Skills/Experience

• Credit analysis skills to accurately evaluate borrower financial condition, repayment capacity, risk rating, key credit drivers, loan structure, collateral and exceptions.
• Ability to accurately evaluate a business unit's underwriting and/or portfolio management processes.
• Draws accurate conclusions efficiently and can make decisions without the benefit of full information.
• Ability to investigate, identify, and articulate root causes of issues.
• Adept communicator. Listens without interrupting the speaker. Clearly articulates questions and conclusions. Is capable and confident when talking one-one and has adequate presentation skills.
• Clear and concise writing style.
• Strong time management skills, including the ability to prioritize assigned tasks, project achievable delivery dates, meet deadlines or escalates when needed.
• Is a self-starter, is self-directed and proactively seeks out work.
• Ability to work independently but may need limited guidance from a manager, project manager, or senior team member, as appropriate.
• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business.
• Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls.
• Thorough knowledge of Risk/Compliance/Audit competencies.
• Effective relationship building and negotiation skills.
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spread.
• Applicable professional certifications

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

Our approach to benefits and total rewards considers our team members' whole selves and what may be