U.S. Bank Jobs

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.

Job Description

2024 Credit Analyst Development Program

Our credit analyst team

Our Team of Corporate Credit Analysts provide credit underwriting support to U.S. Bank’s Corporate Banking Portfolio Management Team. U.S. Bank’s Corporate Banking covers industry verticals including Aerospace & Defense, Automotive & Transportation, Technology, Media & Telecom, Oil & Gas, Utilities, Consumer & Retail, Hospitality & Leisure, Food & Beverage, Healthcare & Education - Non-Profit, Healthcare for Profit, Insurance, Securities Industries & Investment, and Government Banking. Additionally, General Industrial companies are covered based on geographic location.

U.S. Bank’s Corporate Banking is strategically aligned to support credit and non-credit financial needs of business clients to large multi-national entities. For credit services, Corporate Banking lends directly to clients, or partners with Loan Capital Markets to agent or become a member in syndicate deals. Corporate Banking also assists with non-credit services and partner with other product groups such as supply chain finance, foreign exchange, derivatives, corporate payment systems, and merchant services.

What you’ll do

This is an Early Career Development Program opportunity that will provide exposure to Corporate Banking. Your intellectual curiosity, experience and contributions will facilitate learning about our corporate customers, the business sectors, and USB’s standards and best practices. Over the course of our 3-year programs part of our high performing team environment, it is expected that you may grow and develop to be aligned to, and/or co-manage a client portfolio alongside a Portfolio Manager.

As a credit analyst in the development program, you will:

Collaborate closely with Portfolio Managers to support customer relationships. Primary responsibilities will include:

• Support Portfolio Managers to manage an assigned portfolio of customer relationships

• Work on checking accuracy of financial statements spreads

• Work on quarterly trend analyses, quarterly monitoring reports and covenant tests in accordance with bank spreading standards and credit policies

• Analyze financial data and prepare comprehensive written analyses

• Analyze portfolio credit quality and assists with industry sector reports

• Assist Portfolio Managers in preparing and presenting credit requests for credit approval

• Assist with the completion of other transaction due diligence, receipt of customer's financial reporting requirements, credit metric trends

• Assist in setting up credit packages in underwriting program (nCino)

• Develop technical and business acumen through training, mentorship, and exposure to senior executives

• Build a supportive community of peers through a variety of cohort strengthening activities

Who we’re looking for

We’re looking for talent with demonstrated leadership capabilities, strong work ethic, and intellectual curiosity.

Basic qualifications:

• Bachelor’s degree completed prior to start date

• Basic understanding of Financial/Accounting terms, concepts, and applications

• Ability to start development program on June 24, 2024

Preferred qualifications:

• Preferred GPA of 3.0 or above

• Strong written and verbal communication skills

• Well-developed analytical skills

• Acute attention to detail

• Ability to work well under pressure and time constraints

• Ability to work equally well in a team environment and independently, exhibiting initiative, ownership, and flexibility

• Effective oral and written communication skills

• Proficient in Excel and PowerPoint

Working model and hours:

This role is hybrid. Team members who are in a hybrid role typically spend three days a week at the listed U.S. Bank location(s), while having flexibility on their work location for the other working days.

Development program members work approximately 40-hours each week in this fulltime role.

The application process

If you are interested in applying and learning more, click on the Apply Now icon to submit your application. Most applications will be closed on September 29, 2023.

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) .

Learn how the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.

Benefits:

Our 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 (some may vary based on role, location or hours):

• 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

EEO is the Law

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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO 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) .

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. In addition to salary, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $62,815.00 - $73,900.00 - $81,290.00