Commercial Real Estate Credit Analyst

About this role

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 This role has multiple levels, open to candidates with more than 6 months of experience in a finance/analytical related role. The successful candidate will be hired for the level of the position that aligns with their experience. Please note that the salary range provided corresponds to the lowest level of the position posted.   The Commercial Real Estate Credit Analyst supports Relationship Managers and Portfolio Managers in the underwriting, credit monitoring, and ongoing management of a diverse portfolio of commercial real estate relationships. This role is responsible for performing detailed financial and credit analysis, supporting credit approval requests, monitoring portfolio risk, and ensuring compliance with bank credit policies and underwriting standards.   The analyst plays a key role in assessing credit risk and maintaining the overall credit quality of a complex CRE portfolio. The position sits within the Commercial Real Estate (CRE) group covering a broad platform that includes institutional‑size CRE, middle market, and other CRE segments. The team underwrites all major commercial property types (excluding single‑family homes), including multifamily, office, industrial, retail, data centers, self‑storage, hospitality, and life science properties.   Key Responsibilities Portfolio Management & Credit Monitoring • Support Relationship Managers and Portfolio Managers in managing an assigned portfolio of commercial real estate client relationships • Perform accurate and consistent spreading of borrower financial statements in accordance with bank standards and credit policies • Prepare quarterly trend analyses, monitoring reports, and covenant compliance testing • Maintain compliance monitoring and financial reporting databases, including tracking credit agreement requirements, borrower financial receipt, and key credit metrics • Participate in quarterly portfolio reviews, including analysis of operating statements, rent rolls, and risk assessments for approximately 15–20 loans • Proactively identify and communicate emerging risks, mitigants, and other issues at the transaction and portfolio level  

Underwriting & Credit Analysis • Analyze borrower financials, property cash flows, collateral valuation, sponsor strength, covenant sensitivities, and market conditions • Prepare clear, comprehensive written credit analyses and supporting documentation • Support Portfolio Managers in preparing, underwriting, and presenting credit requests for approval • Execute straightforward credit requests for existing clients with limited supervision • Assist with annual company‑wide credit reviews for clients with multiple property holdings, including analysis beyond bank‑financed properties  

Transaction & Deal Support • Support both existing property transactions (including refinancings) and ground‑up construction projects, including budget monitoring and monthly construction draw reviews through project completion • Assist with new deal originations, evaluating opportunities with typical transaction sizes of $50MM–$100MM. • Participate in the preparation and negotiation of term sheets, as applicable  

Collaboration & Communication • Collaborate effectively with Credit Approvers and internal risk partners • Participate in client bank meetings, as needed, to support underwriting, portfolio management, and risk discussions • Serve as a reliable first line of credit analysis, escalating issues appropriately  

Basic Qualifications • Bachelor's degree, or equivalent work experience • More than 6 months of experience in a finance/analytical related role  

Preferred Skills/Experience • Background in commercial real estate, finance, accounting, or economics • Commercial real estate credit underwriting and financial analysis skills • Experience with CRE cash flow modeling, collateral valuation, covenant analysis, sponsor analysis, and market research • Demonstrated ability to independently perform financial analyses for new requests, modifications, and ongoing credit monitoring • Experience authoring credit memoranda and supporting credit approval processes • Effective analytical and technical report writing skills • Strong verbal and written communication skills, with the ability to clearly present risks and recommendations • Ability to work independently while collaborating closely with Relationship Managers, Portfolio Managers, and Credit Approvers • Familiarity with banking policies and commercial real estate underwriting processes • Proficiency in Microsoft Excel and the broader Microsoft Office Suite • Experience with nCino and CoStar preferred  

Location expectations This role requires working on-site at the U.S. Bank location listed in the posting at least three (3) days per week. The position is based in Charlotte, NC.   Our qualification review for this role considers the totality of a candidate’s background, including relevant work experience, education, military experience, and specialized training. Equivalent combinations of these experiences may satisfy the basic qualifications for the role.

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 be

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