Financial Analyst – Business Banking Credit

Job Description

Credit Support Analyst | U.S. Bank

The Tone:
This is a Credit Support Analyst position at U.S. Bank, a major financial institution committed to helping customers and businesses make smarter financial decisions while enabling communities to grow. This role is crucial for supporting Business Banking Relationship Managers and Underwriters, ensuring robust financial analysis and diligent loan monitoring. The work directly contributes to maintaining the bank’s credit standards and operational efficiency, playing an integral part in the organization’s shared ambition.

The TL;DR
• Role: Credit Support Analyst
• Pay: $25.63–$34.18 hourly
• Team: Supports Business Banking Relationship Managers and Underwriters
• Mission: To support credit processes through financial analysis spreading, loan monitoring, and compliance tracking for Business Banking.

What You’ll Actually Do
• Support Relationship Managers: Provide direct support to Business Banking Relationship Managers and Underwriters with essential credit functions.
• Financial Analysis: Conduct financial analysis spreading and loan monitoring activities, adhering to bank standards and credit policies.
• Reporting & Testing: Complete accurate and consistent financial statement spreads, quarterly trend analyses, and covenant tests.
• Database Management: Maintain a compliance monitoring database to track credit approval requirements and receipt of customer financial reporting.

The Must-Haves
• Background: Typically a Bachelor’s degree or equivalent work experience, with foundational knowledge in accounting and finance normally acquired through a degree in business, finance, or accounting.
• Experience: Generally one to two years of job-related experience, demonstrating a good understanding of basic credit analysis, administration, policy, and procedures.
• Skills: Strong analytical and problem-solving skills, keen attention to detail, ability to identify and resolve exceptions, proficiency in interpreting data, and effective verbal, written, and interpersonal communication skills, alongside the ability to read and comprehend credit write-ups and loan documentation.