Credit Approval Officer - Structured Credit (CLO/CDF)

Senior Credit Risk Officer

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 atall from Day One.

Senior Credit Risk Officer with approval responsibilities for the structured credit portfolios within Global Capital Markets. The position will be responsible for approving credit risk and monitoring portfolio risks related to U.S. Bank's origination, underwriting and portfolio management activities within broadly syndicated CLO, middle market CLO and Corporate Debt Facilities.

In addition to overall credit approval responsibilities for structured credit, this position will work collaboratively with the business lines to both maintain and ensure compliance with related policies and procedures, monitor and report on risk across the portfolios (including timely determination of risk ratings and ratings migration), ensure compliance with regulatory requirements, and identify trends, potential risks and issues and integrate and support new product introductions and market expansions.

• Basic Qualifications
  • Bachelor's or advanced degree in economics, finance or accounting, or equivalent work experience.
  • 15 or more years of experience in a credit risk management environment, including experience approving and managing credit risk for a diversified structured credit portfolio.
• Preferred Skills/Experience
  • Demonstrated experience in credit risk management and credit approval.
  • Demonstrated experience and understanding of CLO and CDF structures and transactions.
  • Demonstrated experience in risk analysis, structuring and portfolio management skills for assigned portfolios.
  • Ability to collaborate effectively with business units to increase revenue and grow portfolios while appropriately managing risk
  • Excellent interpersonal, presentation, written and verbal communication skills with a proven track record of establishing and maintaining effective relationships with business leaders.
  • Considerable understanding of applicable internal policies, laws, regulations, financial services, and regulatory trends that impact banking in general, and specifically the structured credit business.
  • Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls.
  • Thorough knowledge of Risk/Compliance/Audit competencies.
  • Strong leadership and management skills of processes, projects and people
  • Effective skills at managing stressful situations.
  • Strong analytical, problem-solving and negotiation skills.
  • Proficient computer skills, especially Microsoft Office applications.

• Location Requirements 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.

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

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: $186,150.00 - $219,000.00