U.S. Bank
U.S. Bank
U.S. Bank is a United States-based financial services institution serving individuals and businesses through retail and corporate banking, wealth management, credit underwriting, and investment management. The company also supports financial literacy initiatives and community engagement. Its careers content highlights an emphasis on inclusion, workplace culture, employee development, and health and wellness. U.S. Bank is an FDIC member for eligible deposit products; investment and insurance products are not FDIC insured and may lose value.

Senior Credit Analyst, Counterparty Risk

Evaluate financial institutions, counterparties, and sovereign risk at U.S. Bank. Assign credit ratings, manage exposure limits, and contribute to risk governance.

Description

  • Research creditworthiness across financial institutions, market intermediaries, public entities, and sovereigns.
  • Conduct due diligence and underwrite credit in line with established standards and policy.
  • Evaluate counterparties’ operating context, leadership, ownership, market position, concentrations, financial results, strengths, weaknesses, and trends.
  • Assess sovereign and country risk, including economic and political conditions affecting counterparties.
  • Set internal credit ratings and probability of default assessments, then prepare evidence-based approval recommendations.
  • Set, review, and manage credit limits for institutions, countries, and related counterparty activity.
  • Complete annual reviews of counterparties and countries.
  • Work with business units, Risk, Compliance, Audit, and other lines of defense.
  • Develop, implement, maintain, review, or oversee an effective risk management framework.
  • Contribute to projects that support compliance with federal, state, and local laws and regulations.
  • Spot process, system, or human-error gaps and help shape solutions that reduce potential losses.
  • Identify and address risks, escalating them when appropriate.
  • Act as a functional liaison between the business unit and the lines of defense.
  • Support teams across international financial institutions, correspondent banking, foreign exchange, corporate treasury, capital markets, corporate payment systems, mortgage, leasing, wealth management, and trust.

Requirements

  • Bachelor’s degree or equivalent professional experience.
  • Typically more than six years of relevant experience.
  • Two to three years of counterparty credit underwriting experience, preferably at a large financial institution managing complex institutional exposures.
  • Experience assessing financial institutions, foreign banks, sovereign or country risk, broker-dealers, clearing organizations, or government-sponsored entities.
  • Commercial credit underwriting experience may be considered in place of direct counterparty underwriting experience.
  • Strong analytical and critical-thinking ability, including evaluation of complex information, market conditions, and global economic or political developments.
  • Strong interpersonal, relationship-management, collaboration, and influencing skills across business units and stakeholder groups.
  • Curiosity about global markets, economic developments, foreign banking systems, and country risk.
  • Ability to follow U.S. Bank policies and procedures, including its Code of Ethics and Business Conduct and related workplace conduct and safety policies.
  • Some roles may be subject to FINRA, NMLS registration, Reg Z, Reg G, OFAC, NFA, FCPA, Bank Secrecy Act, SAFE Act, or applicable federal guideline requirements.

Benefits

  • Medical, dental, and vision coverage.
  • Basic and optional term life insurance.
  • Short-term and long-term disability coverage.
  • Pregnancy disability coverage and parental leave.
  • 401(k) and an employer-funded retirement plan.
  • Paid vacation of two to five weeks, depending on salary grade and tenure.
  • Up to 11 paid holiday opportunities.
  • Adoption assistance.
  • Sick and Safe Leave accrual of one hour per 30 hours worked, up to 80 hours per calendar year unless law provides otherwise.
  • Incentive and recognition programs.
  • Equity stock purchase plan.
  • 401(k) contributions and pension.

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