Retail Project Manager, Governance Lead
U.S. Bank
Senior Underwriter, Asset-Based Finance
U.S. Bank
full-time
Posted on:
Location Type: Office
Location: California, Illinois, New York, Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $159,970 - $188,200 per year
Job Level
Senior
About the role
- Determine the credit worthiness of prospective clients by analyzing financial statements, projections, appraisals, meeting and interviewing the prospective client’s management team and analyzing and obtaining a detailed understanding of the prospective client’s cash flows and balance sheet.
- Prepare credit memos in a clear and concise manner and present recommendations to senior approvers that balance marketability with prudent risk management
- Negotiate appropriate terms and conditions for complex transactions and work with deal teams to ensure appropriate documentation is in place.
- Identify critical transactional and structural risks and propose appropriate structuring alternatives to mitigate those risks.
- Ensure compliance with all policy and regulatory requirements.
- Independently manage workflow to balance competing priorities and ensure all deadlines are met.
- Other projects and assignments as requested including, prospect review and analysis and process improvement initiatives.
- Underwrite new business transactions by conducting industry and company research; analyzing financial statements and preparing complete and accurate initial credit memorandums.
- Work closely with ABF Senior Underwriters, ABF Senior Management and ABF Business Development Officers to ensure that credit decisions are properly analyzed and documented and that the credit function is in compliance with Bank and regulatory policies.
Requirements
- Bachelor's or Master's degree in finance, accounting or other related field
- 10 or more years of banking experience
- Preferred: 5 years of ABL or Commercial Underwriting experience
- Strong leadership abilities and strategic management skills
- Thorough knowledge of division and relation to industry
- Excellent verbal and written communication skills
- Excellent analytical, decision-making and problem-solving skills
- Considerable tact, diplomacy and people skills
- Ability to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies
- May be subject to background checks and regulatory requirements (FINRA, NMLS, Reg Z, Reg G, OFAC, NFA, FCPA, Bank Secrecy Act, SAFE Act)
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
- Incentive and recognition programs
- Equity stock purchase
- 401(k) contribution and pension
ATS Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial analysiscredit underwritingrisk managementfinancial statement analysiscash flow analysisbalance sheet analysiscredit memo preparationtransaction structuringregulatory complianceprocess improvement
Soft skills
leadershipstrategic managementverbal communicationwritten communicationanalytical skillsdecision-makingproblem-solvingtactdiplomacypeople skills
Certifications
FINRANMLSReg ZReg GOFACNFAFCPABank Secrecy ActSAFE Act
