Commercial Real Estate Senior Underwriter – Housing Capital

U.S. Bancorp
Charlotte
Workplace: HybridFull timeUSD 124,355 - 146,300 annuallyFunction: Banking, Lending & CreditExperience: 5+ yearsEducation: bachelorsSkills: ["Credit judgment","Analytical problem-solving","Leadership","Written communication","Verbal presentation"]

Underwrite commercial real estate transactions for a Housing Capital portfolio focused on large private and regional homebuilders. Perform credit analysis, assign risk ratings, and prepare credit memoranda for new requests and renewals. Monitor borrower reporting and conduct quarterly covenant testing and portfolio reviews. Partner with relationship managers and internal teams, using internal systems plus tools like Copilot and nCino to enhance underwriting efficiency and support disciplined risk management.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
U.S. Bancorp
U.S. Bancorp
3 days ago

Commercial Real Estate Senior Underwriter – Housing Capital

✓ Verified Job

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

Source: Company careers pageValidated by: Fursa AI
Last checked: 4 hours agoStatus: Live

Job Summary

Underwrite commercial real estate transactions for a Housing Capital portfolio focused on large private and regional homebuilders. Perform credit analysis, assign risk ratings, and prepare credit memoranda for new requests and renewals. Monitor borrower reporting and conduct quarterly covenant testing and portfolio reviews. Partner with relationship managers and internal teams, using internal systems plus tools like Copilot and nCino to enhance underwriting efficiency and support disciplined risk management.
Location: Charlotte
Workplace: Hybrid
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Mid level

Key Responsibilities

  • •Perform comprehensive financial and credit analysis for CRE transactions supporting residential development and homebuilder clients
  • •Underwrite new credit requests, modifications, renewals, and extensions; prepare and update credit memoranda and risk ratings
  • •Conduct quarterly portfolio reviews, including covenant testing, and monitor monthly/quarterly borrower reporting
  • •Monitor construction and development activity to ensure projects stay on time and within budget; perform covenant validation
  • •Collaborate with relationship managers, peer underwriters, and loan administration; provide underwriting guidance across the deal lifecycle

Pay and Benefits

Salary: USD 124,355 - 146,300 annually
Perks:Health InsuranceDentalVisionLife Insurance401kRetirementPaid LeaveParental LeaveDisabilityPaid HolidayAdoption Assistance

Key Requirements

  • •Bachelor’s degree or equivalent experience
  • •5+ years of commercial lending experience
  • •Demonstrated experience in commercial real estate underwriting
  • •Ability to independently underwrite and manage complex CRE transactions
  • •Advanced knowledge of commercial lending policy and credit products, including regulatory and compliance requirements
Experience:5+ yearsCommercial real estateHomebuilder underwritingCommercial lendingCredit underwriting
Education:Bachelor's
Skills:Credit judgmentAnalytical problem-solvingLeadershipWritten communicationVerbal presentation
Tech Stack:CopilotAutomationAI-enabled toolsMicrosoft OfficeMicrosoft TeamsExcelVLOOKUPPivot tablesChartsPowerPivotDAXPower QueryNCino

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