Senior 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.

Job Description

The Senior Credit Analyst is part of Institutional Risk Management within Credit Risk Management and serves as a second line of defense. The senior analyst researches and analyzes financial institution, clearing house entities, GSE and sovereign (country) credit fundamentals based on underwriting standards, assigns ratings within the context of credit policy, and recommends credits for approval. Financial institutions include foreign banks, and broker dealers. The senior analyst evaluates the financial institution’s operating environment, management, ownership, market position/concentration, financial performance, strengths/weaknesses, and trends in the context of the economic and political environment of the bank's domicile country (sovereign risk). The senior analyst establishes limits and conducts annual reviews for various counterparty activities for individual financial institutions and countries. Business lines supported include International Financial Institutions, Correspondent Banking, Foreign Exchange, Corporate Treasury, Capital Markets, Corporate Payment Systems, Mortgage, Leasing, Wealth Management, Trust, and others. The position regularly evolves to include credit approval responsibilities. Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense. Key Responsibilities:

• Research and analyze the creditworthiness of financial institutions, foreign banks, broker-dealers, clearing organizations, government-sponsored entities, and sovereigns.
• Perform due diligence and complete credit underwriting in accordance with established underwriting standards and credit policy.
• Assess operating environment, management, ownership, market position, concentrations, financial performance, key strengths and weaknesses, and relevant trends.
• Analyze sovereign and country risk, including the economic and political environment affecting counterparties.
• Assign internal credit ratings and probability-of-default assessments and prepare well-supported recommendations for approval.
• Establish, review, and manage credit limits for financial institutions, countries, and related counterparty activities.
• Collaborate with Line of Business partners, Risk, Compliance, Audit, and other lines of defense to support an effective risk management framework

Basic Qualifications

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

Preferred Skills/Experience

• Two to three years of counterparty credit underwriting experience, preferably within a larger financial institution managing complex institutional exposures.
• Experience analyzing financial institutions, foreign banks, sovereign or country risk, broker-dealers, clearing organizations, or government-sponsored entities
• Commercial credit underwriting experience may be considered when direct counterparty underwriting experience is not available.
• Strong analytical and critical-thinking skills, including the ability to evaluate complex information, market conditions, and global economic or political developments.
• Strong interpersonal, relationship-management, collaboration, and influencing skills across multiple business lines and stakeholder groups.
• Intellectual curiosity and an interest in global markets, economic developments, foreign banking systems, and country risk.

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 needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• 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. E-Verify 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: $105,400.00 - $124,000.00 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.