Senior CRE Underwriter — Portfolio Risk & Growth

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

Benefits offered by this job

Healthcare

401(k)

Paid vacation

Paid holidays

Job summary

U.S. Bank is seeking a Commercial Real Estate Senior Underwriter in Los Angeles, CA, to manage portfolio risk and support credit decisions. The role involves underwriting. evaluating borrower fundamentals, property performance, and market context, and preparing clear credit narratives.

The position requires strong analytical and writing skills, experience with CRE lending, and ability to coordinate with credit, loan administration, and relationship teams to ensure accurate, timely credit actions.

Qualifications

• Bachelor's degree or equivalent work experience.
• Five or more years of commercial lending experience.
• CRE underwriting across multiple property types preferred.

Responsibilities

• Underwrite new originations and portfolio exposures for CRE assets.
• Analyze borrower financials, cash flows, collateral, sponsor strength, covenants, and market conditions.
• Prepare credit analyses and supporting documentation for decisions.
• Support turnover of credit requests and annual reviews across client portfolios.
• Collaborate with Credit Approvers, Loan Administration, and relationship teams.

Skills

CRE underwriting

Credit analysis

Financial modeling

Credit memoranda

Excel

Communication

Education

Bachelor's degree

Tools

Excel

CoStar

nCino

Job description

U.S. Bank is seeking a Commercial Real Estate Senior Underwriter in Los Angeles, CA, to manage portfolio risk and support credit decisions. The role involves underwriting. evaluating borrower fundamentals, property performance, and market context, and preparing clear credit narratives.

The position requires strong analytical and writing skills, experience with CRE lending, and ability to coordinate with credit, loan administration, and relationship teams to ensure accurate, timely credit actions.