Credit Risk Review Officer

U.S. Bank; Tempe (AZ); On-site; USD 98,000 - 116,000; 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 is seeking a Credit Risk Review Officer to independently evaluate and monitor risk across Wholesale Banking. You will analyze portfolio credit quality, report findings, and collaborate with senior leaders to strengthen risk management processes.

The role requires evaluating underwriting and portfolio management, identifying gaps, and resolving issues to minimize losses. Strong communication, regulatory knowledge, and independent work are essential.

Qualifications

• Bachelor's degree or equivalent work experience.
• Typically more than six years of applicable experience.
• Credit analysis and underwriting experience.
• Ability to evaluate a business unit’s underwriting and portfolio management processes.
• Draws accurate conclusions and can make decisions without full information.
• Strong communication and writing skills.
• Strong time management to meet deadlines.
• Self-starter and ability to work independently.
• Knowledge of applicable laws, regulations, financial services and regulatory trends.
• Relationship building and negotiation skills.
• Proficient with Microsoft Office applications.

Responsibilities

• Evaluate and monitor credit risk and management processes across the bank.
• Analyze portfolio credit quality and portfolio reporting, including independent reviews.
• Collaborate with senior leadership from Credit Risk Management, Business Lines and Corporate Audit Services.
• Identify gaps and inform solutions to minimize losses from inadequate internal processes, systems or human errors.
• Escalate risks as appropriate and communicate findings clearly.

Skills

Credit analysis

Underwriting processes

Root cause analysis

Communication skills

Writing skills

Time management

Self-starter

Independent work

Regulatory knowledge

Negotiation skills

Education

Bachelor's degree

Tools

Microsoft Office

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-on-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 elevate 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:

• 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.

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: $98,175.00 - $115,500.00

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.