Credit Approval Officer

U.S. Bancorp
Minneapolis, Chicago, San Francisco, Los Angeles
Workplace: OnsiteFull timeUSD 149,515 - 175,900 annuallyFunction: Banking, Lending & CreditEducation: bachelorsSkills: ["Leadership","Written communication","Verbal communication","Analytical skills","Problem-solving"]

Review and approve complex commercial and healthcare lending requests for Business Banking portfolios, ensuring decisions align with bank credit policies and lending authorities. Partner with underwriting and sales teams on transaction and covenant structures, and oversee ongoing administration and review to maintain portfolio quality and profitability. Collaborate effectively across Lines of Business and Lines of Defense, using strong risk/compliance expertise and analytical judgment to manage risk while supporting portfolio growth.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
U.S. Bancorp
U.S. Bancorp
1 month ago

Credit Approval Officer

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 19 days agoStatus: Live

Job Summary

Review and approve complex commercial and healthcare lending requests for Business Banking portfolios, ensuring decisions align with bank credit policies and lending authorities. Partner with underwriting and sales teams on transaction and covenant structures, and oversee ongoing administration and review to maintain portfolio quality and profitability. Collaborate effectively across Lines of Business and Lines of Defense, using strong risk/compliance expertise and analytical judgment to manage risk while supporting portfolio growth.
Location: Minneapolis, Chicago, San Francisco, Los Angeles
Workplace: Onsite
Employment Type: Full time
Job Function: Banking, Lending & Credit

Key Responsibilities

  • •Approve loans exceeding Business Banking Credit Services lending authority, focusing on larger and more complex portfolios.
  • •Ensure loan approvals conform to bank policies.
  • •Collaborate with underwriting and sales teams on transaction and covenant structures.
  • •Maintain adequate administration and review to support portfolio quality and profitability.
  • •Partner between the Line of Business and the Lines of Defense to manage risk effectively.

Pay and Benefits

Salary: USD 149,515 - 175,900 annually
Perks:Health InsuranceDentalVisionLife InsuranceDisabilityParental Leave401kPaid LeavePaid HolidaysAdoption Assistance

Key Requirements

  • •Bachelor's or advanced degree, or equivalent work experience.
  • •Typically more than 12 years of applicable experience.
  • •Significant experience underwriting, approving, and overseeing Commercial (C&I), Commercial Real Estate (D&I), and Healthcare Practice Finance credit requests and portfolios.
  • •Experience underwriting, approving, and overseeing SBA credit requests and portfolios.
  • •Expert knowledge of Risk/Compliance/Audit competencies, with strong analytical and communication skills.
Education:Bachelor's
Skills:LeadershipWritten communicationVerbal communicationAnalytical skillsProblem-solving

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
Glassdoor
Glassdoor: 3.8
WebsiteLinkedInGlassdoor