Structured Finance Credit Approval Officer

Role Overview

• Structured Finance Credit Approval Officer position within Credit Risk Management with responsibility for credit approval activities for U.S. Bank’s ABS Lending and CLO portfolios.
• Responsible for review and approval of ABS exposures across various asset types, including auto, fleet lease, equipment, trade receivables and consumer loans.
• Approval of CLOs (both Middle Market and BSL) and private debt securitization lending facilities.
• Knowledgeable in assessing various risks in an ABS transaction, such as credit, rate, liquidity, regulatory, etc.
• Transaction review includes analysis of deal structure and documents, servicer evaluation and due diligence, internal rating analysis, stress testing, and adherence to bank policies and procedures.
• Help with monitoring ABS and CLO portfolios performance.
• Work with Portfolio Managers, Relationship Managers, and other senior officers internally, as well as actively participate in client due diligence meetings.

Requirements

• Bachelor's or advanced degree, or equivalent work experience
• Typically, more than 12 years of applicable experience
• Typically requires more than six to seven years of directly relevant experience across ABS asset classes, including auto loans and leases, fleet lease, equipment, trade receivables, consumer loans.
• Demonstrated ability to analyze complex transactions, legal documentation, collateral data and performance, and structural protections
• Strong data and trend analysis capabilities, distilling complex information into clear, actionable insights.
• Advanced Excel proficiency, including experience manipulating large data sets.
• Excellent verbal and written communication skills
• Prior credit approval experience.
• Expertise in CLO/private debt securitization.
• Expertise in Commercial and Consumer ABS asset classes.
• Knowledge of current developments and trends in ABS and CLO markets
• Expert knowledge of credit and lending policies.
• Demonstrated relationship management abilities.
• Advanced knowledge of organizational structure, business practices, business philosophy, and ethics.

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