Condo / Coop Credit Risk Manager

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

Leader for the USBHM Condo / Coop Project Management Department. Responsible for the oversight of credit risk. Achieves credit performance and lending risk profiles in comparison with peer lenders, external Agency Investor requirements, and internal defined performance goals. Establishes and administers credit policies and procedures for specified business channels to ensure compliance with various regulatory, investor, government and corporate requirements. Communicates and reviews Memos, guideline changes, credit risk appetite, credit quality and performance with Business Line, Sales and Operation Groups, and assists with effective execution of policy, process, and procedure for managing credit risks. Advocates for the Business Line on credit issues based on reasonable credit risks to balance market share and revenue growth with loan quality expectations.

Basic Qualifications

Bachelor's degree, or equivalent work experience

Typically eight to 10 years of business-related experience and four to five years of managerial experience

Preferred Skills / Experience

• Extensive condo / coop project management experience and business line support and collaboration expertise

Advanced understanding of all aspects of mortgage lending, servicing or operational policies and practices

Strong analytical and decision-making skills

Good organizational and project management skills

Effective interpersonal, verbal and written communication skills

Well-developed knowledge of human resources functions

Effective supervisory and management skills

Ability to prioritize and manage multiple tasks / projects and deadlines simultaneously

This role has multiple levels, open to candidates with [8-12 years experience]. The successful candidate will be hired for the level of the position that aligns with their experience.

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 () .

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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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 () .

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, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range : $98,175.00 - $115,500.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and / or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.