Commercial Real Estate Credit Analyst

Commercial Real Estate Credit Analyst

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.

We are seeking a highly motivated Commercial Real Estate (CRE) Credit Analyst to join our Project Lending team. This role supports a national Commercial Real Estate platform focused on large, complex transactions, typically $30MM+ in size.

The Analyst will play a role in both portfolio management and new loan underwriting, gaining exposure to a diverse portfolio of asset types including industrial, multifamily, retail, student housing, and construction lending. This is an excellent opportunity to build deep expertise in real estate finance while working alongside experienced banking and credit professionals.

The team operates as a centralized CRE group, partnering with bankers across multiple regions, including Minneapolis, Chicago, Ohio, St. Louis, Denver, and Texas. While regionally aligned, the portfolio has national coverage, providing broad exposure to transactions across the U.S.

This is a collaborative, team-oriented environment with approximately 10 local team members and additional partners across the national platform.

Key Responsibilities

• Monitor ongoing loan performance and borrower relationships
• Support portfolio reviews and credit discussions
• Partner with internal teams, including dedicated analytics and support functions

New Loan Underwriting

• Perform financial analysis and credit underwriting, including:
• Spreading financial statements
• Assessing deal structure, risks, and key strengths

Core Responsibilities Across Both Areas

• Contribute to credit memos and business writing
• Participate in credit discussions and present findings to internal stakeholders

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Up to six months of experience in a finance/analytical related role

Preferred Qualifications

• Experience in commercial banking or credit analysis
• CRE underwriting or commercial real estate lending experience
• Strong proficiency in Microsoft Excel and general Office tools (Word, Outlook)
• Ability to perform financial analysis and assess transactions
• Strong business writing skills (e.g., credit memos, deal summaries)
• Effective verbal communication and presentation skills
• Ability to manage multiple priorities in a fast-paced, deadline-driven environment
• Strong organizational and prioritization skills
• Interest in commercial real estate lending
• Familiarity with Salesforce, nCino, or similar systems
• Experience presenting in group or credit forum settings

Location expectations

This role requires working from a U.S. Bank location three (3) or more days per week. This position is located in Minneapolis, MN.

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

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.

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: $71,400.00 - $84,000.00