Pre Underwriting / Credit Support
About the job
- Typically, a bachelor's degree or equivalent work experience is required.
- Accounting and finance knowledge normally acquired through completion of a bachelor's degree in business, finance, or accounting is preferred.
- Some understanding of basic credit analysis, administration, and policies and procedures is preferred.
- Good analytical and problem-solving skills and attention to detail are preferred.
- Ability to identify and resolve exceptions and interpret data is preferred.
- Effective verbal, written, and interpersonal communication skills are preferred.
- Ability to read and comprehend credit write-ups and loan documentation is preferred.
- Support Corporate and Commercial Banking Lenders and Wealth Management Relationship Managers with financial analysis and loan monitoring.
- Complete accurate and consistent financial statement spreads, quarterly trend analyses, and covenant tests in accordance with bank spreading standards and credit policies.
- Maintain a compliance monitoring database that tracks credit approval requirements and receipt of customers’ financial reporting requirements on behalf of Portfolio Managers and/or Relationship Managers.
- Review financial statements, tax returns, personal financial statements, and company compliance certificates to support lending activities associated with large credit transactions.
About the company
U.S. Bank is one of the largest banks in the United States, serving consumers, small businesses, corporations, and government agencies with banking, lending, payments, and wealth management. Its Elavon subsidiary is one of the world's biggest processors of card payments for merchants, handling sales in the United States, Canada, and Europe. People and small businesses use its branches and mobile app for checking, savings, credit cards, mortgages, and loans, while companies use it for corporate cards and cash management, and the bank earns money from loan interest and fees. U.S. Bank received national bank charter No. 24 in 1863, under President Abraham Lincoln, and is based in Minneapolis as the main subsidiary of U.S. Bancorp.
Company Size
10,001+
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
1863
Get referred to U.S. Bank
See people who can refer or advise you
Simplify's Take
What believers are saying
- Profits are climbing: net income rose 20% to $2.2 billion in the June 2026 quarter on record $7.7 billion revenue.
- Room to grow: U.S. Bank listed 1,285 open roles in October 2026, led by 512 in branch banking.
- Stability has a track record: U.S. Bancorp stayed profitable through the 2008 financial crisis, earning $2.9 billion that year.
What critics are saying
- Its card-processing arm is slowing: after losing European sales partners, merchant revenue grew just 2.3% in the June 2026 quarter.
- Headcount keeps falling: U.S. Bancorp's staff shrank 12% in three years, to 68,520 by December 2025.
- Expect three office days a week: since March 2024, attendance counts in performance reviews for staff near its hub offices.
What makes U.S. Bank unique
- Payments is unusually big for a bank: card issuing, merchant processing and corporate payments made 23% of revenue in mid-2026.
- Washington pays with its cards: only U.S. Bank and Citibank issue federal SmartPay cards, about $40 billion a year.
- Amazon chose it over American Express: U.S. Bank began issuing Amazon's small business credit cards in May 2026.
Help us improve and share your feedback! Did you find this helpful?
Benefits
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Disability Insurance
- 401(k) Retirement Plan
- Paid Vacation
- Paid Holidays
- Adoption Assistance
- Paid Sick Leave