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U.S. Bank Credit Loss Allowance Financial Analyst in Charlotte, North Carolina

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Job Description

Description

The Credit Loss Allowance Financial Analyst updates analysis and reporting evaluating lifetime loss reserve estimates. Effective communication skills, business knowledge, and expertise in financial and credit risk analytics, will ensure a successful execution of this function.

Responsibilities

  • Update allowance documentation and reporting to communicate key credit information in executive management reports, regulatory reporting, and other risk management and financial reporting functions.

  • Develop analytics and procedures to support calculation, reporting, and forecasting of loan loss allowance components.

  • Develop new reports and schedules to improve transparency in credit risk trends affecting business line and product line provision results and forecasts.

  • Investigate and interpret various data and reports on credit quality levels and trends. Solicit information from subject matter experts in credit risk management and quantitative model development and validation.

Basic Qualifications

  • Bachelor’s degree in relevant field

  • 5 to 7 years of experience in credit analysis or financial reporting

Preferred Skills/Experience

  • Excellent verbal and written communication skills

  • Strong proficiency in creating executive communication materials

  • Strong attention to detail and ability to notice discrepancies in the data

  • Advanced analytical skills, including Microsoft Excel

  • Exposure to data reporting and querying tools

  • Knowledge of economics, accounting, and finance

  • Experience in accounting, risk management, credit underwriting, or credit reporting

  • Familiarity with financial statements

  • Familiarity with SAS Software

If 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 (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .

Benefits:

Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.

Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting careers.usbank.com .

EEO is the Law

Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) poster.

E-Verify

U.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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .

Due to legal requirements, U.S. Bank requires that the successful candidate hired for some positions be fully-vaccinated for COVID-19, absent being granted an accommodation due to a medical condition, pregnancy, or sincerely held religious belief or other legally required exemption. For these positions, as part of the conditional offer of employment, the successful candidate will be asked to provide proof of vaccination or approval for an accommodation or exemption upon hire.

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

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