Business Banking Underwriting Manager 5

About the role

Manages and coordinates the activities for an assigned Business Banking Underwriting department. Ensures quality service and effective support for all assigned internal and external customers. Accomplishes results through the effective management of staff that may range from lower level non-exempt through exempt level professionals. Administers corporate policies and procedures and ensures compliance with applicable laws and regulations. Conducts underwriting review processes in a manner designed to minimize the bank’s risk while employing problem resolution techniques in approving loans. Provides support and training for all staff, including underwriting guidelines for underwriting staff.

Responsibilities

• Oversee and coordinate underwriting activities for the assigned department
• Ensure compliance with corporate policies, procedures, and applicable laws and regulations
• Minimize bank risk through effective underwriting reviews and problem resolution techniques
• Provide training and support to underwriting staff on guidelines and best practices
• Manage multiple tasks and supervise staff at various levels

Requirements

• Bachelor's degree, or equivalent work experience
• Typically eight to 10 years of related experience

Preferred Skills/Experience

• Extensive knowledge of underwriting functions, systems, policies, and procedures for the assigned area(s)
• Thorough knowledge of all aspects of lending and underwriting practices
• Thorough knowledge of applicable credit products, programs, financial analysis, and related documentation
• Good organizational, managerial, and problem-solving skills
• Well-developed customer relations skills
• Proficient interpersonal, verbal, and written communication skills
• Effective supervisory and management skills
• Ability to manage multiple tasks

Benefits

• 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

Pay

Pay Range: $98,175.00 - $115,500.00

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).