CRE Sr. Credit Analyst

About the role

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.

The Commercial Real Estate (CRE) Senior Credit Analyst supports Relationship Managers and Portfolio Managers to manage an assigned portfolio of customer relationships.

Responsibilities

• Overseeing accurate and consistent financial statements spreads, quarterly trend analyses, quarterly monitoring reports and covenant tests in accordance with bank spreading standards and credit policies.
• Analyzing financial data and preparing comprehensive written analyses, analyzing portfolio credit quality and assisting with industry sector reviews.
• Assisting Portfolio Managers in preparing and presenting credit requests for Credit Approval.
• Maintaining a compliance monitoring and financial statistic database that tracks credit agreement requirements, receipt of customer's financial reporting requirements, and credit metric trends.
• Proactively identify and communicate emerging risks, mitigants, and other issues at the transaction and portfolio level.
• Support both existing property transactions (including refinancings) and ground‑up construction projects, including budget monitoring and monthly construction draw reviews through project completion.
• Assist with new deal originations, evaluating opportunities with typical transaction sizes of $50MM–$100MM, with select transactions up to $750MM.
• Participate in the preparation and negotiation of term sheets, as applicable.

Requirements

• Bachelor's degree, or equivalent work experience
• Three to five years of experience in a finance/analytical related role

Preferred Qualifications

• Strong foundation in CRE underwriting across multiple property types (cash flow, valuation, sponsor analysis, structure, and covenants).
• Experience authoring credit memoranda and presenting key risks, mitigants, and recommendations to approval committees.
• Strong analytical and technical writing skills; able to translate complex sponsor/tenant/technical diligence into clear credit narratives.
• Strong verbal and written communication skills, with the ability to collaborate across origination, portfolio management, credit risk, and technical advisors.
• Comfort operating with accountability — independently driving analyses while partnering closely with Relationship Managers, Portfolio Managers, and Credit Approvers.
• Ability to execute straightforward credit requests for existing clients, author credit analyses and work with Credit Approvers within the bank.
• Ability to independently participate in client bank meetings if necessary.
• Familiarity with banking credit policy, loan documentation concepts, and CRE underwriting processes (construction, bridge, term, and portfolio facilities).
• Experience with nCino, CoStar, and/or other CRE research platforms preferred.
• Advanced proficiency in Microsoft Excel (cash flow modeling and scenario analysis) and the broader Microsoft Office Suite.

Location

This role requires working from the U.S. Bank location at the Avenue of the Americas three (3) or more days per week.

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: $104,550.00 - $123,000.00