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Job description
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. Try new things, learn new skills and discover what you excel at—all from Day One.
nJob Description
nThe Commercial Real Estate Senior Underwriter manages portfolio risk by ensuring timeliness and accuracy of all credit actions, by providing guidance on credit structure and risk rating decisions and by participating in pre-flight discussions. Coordinates work with Credit, Loan Administration and other groups, promoting consistent quality and conciseness of credit documents and streamlining workflow among underwriting, credit approval and loan administration.
nUnderwriting & Credit Analysis
nnnUnderwrite new originations and portfolio exposures for a broad range of CRE asset classes.
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nnAnalyze borrower financials, property cash flows, collateral valuation, sponsor strength, covenant sensitivities, and market conditions
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nnPrepare clear, comprehensive written credit analyses and supporting documentation
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nnExecute straightforward credit requests for existing clients with limited supervision
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nnAssist with annual company‑wide credit reviews for clients with multiple property holdings, including analysis beyond bank‑financed properties
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n nTransaction & Deal Support
nnnSupport both existing property transactions (including refinancings) and ground‑up construction projects, including budget monitoring and monthly construction draw reviews through project completion
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nnAssist with new deal originations, evaluating opportunities with typical transaction sizes of $50MM–$100MM, with select transactions up to $750MM
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nnParticipate in the preparation and negotiation of term sheets, as applicable
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n nPortfolio Management & Credit Monitoring
nnnSupport Relationship Managers and Portfolio Managers in managing an assigned portfolio of commercial real estate client relationships
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nnPerform accurate and consistent spreading of borrower financial statements in accordance with bank standards and credit policies
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nnPrepare quarterly trend analyses, monitoring reports, and covenant compliance testing
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nnMaintain compliance monitoring and financial reporting databases, including tracking credit agreement requirements, borrower financial receipt, and key credit metrics
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nnParticipate in quarterly portfolio reviews, including analysis of operating statements, rent rolls, and risk assessments
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nnProactively identify and communicate emerging risks, mitigants, and other issues at the transaction and portfolio level
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n nCollaboration & Communication
nnnCollaborate effectively with Credit Approvers and internal risk partners
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nnParticipate in client bank meetings, as needed, to support underwriting, portfolio management, and risk discussions
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nnServe as a reliable first line of credit analysis, escalating issues appropriately
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n nBasic Qualifications
nnnBachelor's degree, or equivalent work experience
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nnFive or more years of commercial lending experience
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n nPreferred Skills/Experience
nnnStrong foundation in CRE underwriting across multiple property types (cash flow, valuation, sponsor analysis, structure, and covenants).
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nnExperience authoring credit memoranda and presenting key risks, mitigants, and recommendations to approval committees
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nnStrong analytical and technical writing skills; able to translate complex sponsor/tenant/technical diligence into clear credit narratives
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nnStrong verbal and written communication skills, with the ability to collaborate across origination, portfolio management, credit risk, and technical advisors
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nnComfort operating with accountability—independently driving analyses while partnering closely with Relationship Managers, Portfolio Managers, and Credit Approvers
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nnFamiliarity with banking credit policy, loan documentation concepts, and CRE underwriting processes (construction, bridge, term, and portfolio facilities)
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nnAdvanced proficiency in Microsoft Excel (cash flow modeling and scenario analysis) and the broader Microsoft Office Suite
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nnExperience with nCino, CoStar, and/or other CRE platforms preferred
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n nOur qualification review for this role considers the totality of a candidate’s background, including relevant work experience, education, military experience, and specialized training. Equivalent combinations of these experiences may satisfy the minimum qualifications for the role.
nLocation expectations
nThis role requires working from a U.S. Bank location three (3) or more days per week. This position is located in Charlotte, NC, and New York, NY.
nIf there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants ( .
nBenefits:
nOur approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
nnnHealthcare (medical, dental, vision)
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nnBasic term and optional term life insurance
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nnShort-term and long-term disability
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nnPregnancy disability and parental leave
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nn401(k) and employer-funded retirement plan
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nnPaid vacation (from two to five weeks depending on salary grade and tenure)
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nnUp to 11 paid holiday opportunities
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nnAdoption assistance
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nnSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
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n nReview our full benefits available by employment status here ( .
nU.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
nE-Verify
nU.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program ( .
nThe 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). Pay Range: $111,605.00 - $131,300.00
nU.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
nApplicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
nPosting may be closed earlier due to high volume of applicants.
Worksite address
charlotte, NC, 28245, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.