Credit Analyst

About the role

This role is responsible for reviewing condominium and cooperative housing projects to determine eligibility under investor, regulatory, and lending guidelines. The Project Analyst conducts detailed reviews of property-related documentation, including homeowner association (HOA) financial statements, board documents, insurance policies, litigation records, property inspection reports, and safety and health-related information.

Working within established lending requirements, the incumbent evaluates projects against agency, investor, and portfolio guidelines, analyzes supporting documentation, requests additional information when needed, and issues project approval decisions. The role maintains accurate records within internal systems and communicates project outcomes and requirements to underwriting teams, sales partners, operations teams, risk partners, and other key stakeholders.

This position requires strong analytical and research skills, attention to detail, and the ability to interpret complex lending guidelines and regulations. The Project Analyst must be able to locate, review, and apply investor and regulatory requirements while exercising sound judgment in evaluating project eligibility.

Location expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

Responsibilities

• Review condominium and cooperative housing projects for eligibility under investor, regulatory, and lending guidelines.
• Conduct detailed reviews of property-related documentation, including HOA financial statements, board documents, insurance policies, litigation records, property inspection reports, and safety and health-related information.
• Evaluate projects against agency, investor, and portfolio guidelines.
• Analyze supporting documentation and request additional information as needed.
• Issue project approval decisions and maintain accurate records in internal systems.
• Communicate project outcomes and requirements to underwriting teams, sales partners, operations teams, risk partners, and other key stakeholders.
• Interpret complex lending guidelines and regulations.
• Organize and prioritize work effectively to meet deadlines.

Qualifications

• Bachelor's degree, or equivalent work experience.
• Minimum one year of mortgage, sales, real estate, or banking experience.

Preferred Skills/Experience

• Experience in mortgage lending, underwriting, secondary market guidelines, and agency requirements, including Fannie Mae, Freddie Mac, FHA, VA, and portfolio lending programs (condominium project review experience preferred but not required).
• Demonstrated experience interpreting lending guidelines, conducting regulatory research, reviewing documentation, and applying underwriting or lending requirements.
• Strong analytical and problem-solving skills with the ability to evaluate complex documentation and make sound eligibility determinations.
• Knowledge of mortgage underwriting principles, secondary market guidelines, and lending regulations.
• Excellent attention to detail with experience reviewing financial, insurance, legal, and property-related documentation.
• Strong written and verbal communication skills to explain complex requirements and decisions to business partners and stakeholders.
• Ability to manage multiple tasks and projects simultaneously.

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

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. Pay Range: $25.63 - $34.18.

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).