Commercial Real Estate Underwriting Manager

U.S. Bancorp
Denver, Minneapolis, Los Angeles
Workplace: OnsiteFull timeUSD 139,230 - 163,800 annuallyFunction: Insurance & ActuarialExperience: 8+ yearsSkills: ["Leadership","Coaching","Communication","Analytical thinking","Process improvement"]

Lead and develop a team of commercial real estate (CRE) underwriting professionals while maintaining strong credit quality oversight, underwriting standards, and workflow execution. Partner across Relationship Management, Credit, and Loan Administration to deliver accurate, timely, policy-aligned credit packages that are audit-ready. Own key HR and in-office policy leadership responsibilities, oversee portfolio risk and problem credit management, and support process improvements and (as needed) client/revenue efforts.

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FursaFursa
U.S. Bancorp
U.S. Bancorp
5 days ago

Commercial Real Estate Underwriting Manager

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Last checked: 19 hours agoStatus: Live

Job Summary

Lead and develop a team of commercial real estate (CRE) underwriting professionals while maintaining strong credit quality oversight, underwriting standards, and workflow execution. Partner across Relationship Management, Credit, and Loan Administration to deliver accurate, timely, policy-aligned credit packages that are audit-ready. Own key HR and in-office policy leadership responsibilities, oversee portfolio risk and problem credit management, and support process improvements and (as needed) client/revenue efforts.
Location: Denver, Minneapolis, Los Angeles
Workplace: Onsite
Employment Type: Full time
Job Function: Insurance & Actuarial
Seniority: Manager level

Key Responsibilities

  • •Directly manage a team of CRE underwriters, including performance management, coaching, skills development, and quality control.
  • •Oversee quality execution of underwriting deliverables, including new transaction underwriting and portfolio/trend reporting.
  • •Partner with Relationship Management, Credit Risk, Loan Administration, and internal stakeholders to produce consistent, policy-aligned credit packages.
  • •Oversee portfolio risk and ensure timely, accurate credit actions, including portfolio monitoring and annual reviews.
  • •Own core HR responsibilities (performance reviews, PTO/leave management, employee development) and lead adherence to the in-office work policy.

Pay and Benefits

Salary: USD 139,230 - 163,800 annually
Equity and Bonus:Equity
Perks:Health InsuranceDentalVisionLife Insurance401kPaid LeaveParental LeaveAdoption Assistance

Key Requirements

  • •Bachelor's or Master's degree, or equivalent work experience.
  • •8+ years of commercial banking/lending experience.
  • •2+ years of management experience in a commercial credit environment.
  • •8+ years of commercial real estate lending experience with hands-on underwriting, credit approvals, and portfolio management.
  • •5+ years of direct commercial real estate underwriting experience, including knowledge of CRE lending products and structures (e.g., term loans, construction loans, bridge financing).
Experience:8+ yearsCommercial real estateCommercial bankingLendingCredit underwriting
Skills:LeadershipCoachingCommunicationAnalytical thinkingProcess improvement
Tech Stack:ExcelNCinoCoStarLEAPMicrosoft Light Enterprise Application

Company Brief

U.S. Bancorp
U.S. Bancorp is the parent company of U.S. Bank, providing consumer, business, and institutional banking services including lending, payments, treasury management, wealth management, and merchant solutions across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Minneapolis, United States
Founded: 1863
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