Hybrid Senior RCA Manager

at U.S. Bank

• Job title: Senior RCA Manager
• Job type: Full Time
• Experience level: Senior
• Salary: $149,515 - $175,900 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Minneapolis, United States

About the role

• Credit Approval Officer at U.S. Bank approving loans for Business Banking portfolios. Collaborating with underwriting and sales teams to ensure compliance and loan quality oversight.

Responsibilities

• Approve loans in excess of Business Banking Credit Services authority with a focus on larger and more complex Business Banking portfolios and ensure conformity with bank policies.
• Work with underwriting and sales teams on transaction and covenant structures.
• Ensure that ongoing administration and review is adequate to maintain the loan portfolios' quality and profitability.
• Accountable for an effective partnership between the Line of Business and the Lines of Defense.

Requirements

• Bachelor's or advanced degree, or equivalent work experience.
• Typically, more than 12 years of applicable experience.
• Significant experience in underwriting, approving, and oversight of Commercial (C&I) and Commercial Real Estate (D&I) credit requests and portfolios.
• Experience underwriting, approving, and oversight of SBA and Healthcare credit requests and portfolios.
• Expert knowledge of Risk/Compliance/Audit competencies.
• Ability to manage job scope and complexity of assigned business at the departmental and/or division level.
• Strong leadership and management skills of processes, projects, and people.
• Ability to collaborate effectively with business units to innovate and strategically grow portfolios while appropriately managing risk.
• Excellent written and verbal communication skills.
• Strong analytical, problem-solving and negotiation skills.
• Well-developed customer service/relations skills.
• Ability to guide and influence underwriting and sales teams to align with the bank’s risk culture and appetite.
• Ability to handle stressful situations while maintaining trusting relationships with the business line and other stakeholders.
• Strong understanding of the business line’s operations, products/services, systems, and associated risks/controls.
• Considerable knowledge of applicable credit policies, laws/regulations, financial services, and regulatory trends that impact business banking/lending.

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