Sr. Credit Analyst - Equipment Finance (Large Ticket, Vendor Channel)

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

The Credit Analyst 6 role sits within Equipment Finance - Large Ticket Credit Underwriting, supporting the vendor channel. The team underwrites credit requests sourced through third-party vendors, operating in a fast-paced, transaction-driven environment with accelerated turnaround expectations.

This position is responsible for evaluating and underwriting equipment finance transactions, typically with exposures exceeding $1MM. This role requires strong credit judgment, the ability to quickly assess risk, and the capability to deliver clear, well-structured credit recommendations with limited direct borrower interaction.

Key Responsibilities

Credit Underwriting & Risk Assessment

• Underwrite equipment finance credit requests submitted through vendor channels
• Analyze financial statements, credit packages, and supporting documentation to assess risk
• Identify key risks and mitigating factors; assign appropriate internal risk ratings

Credit Memo & Decision Support

• Prepare credit memoranda in nCino, ranging from streamlined summaries to comprehensive packages based on deal complexity
• Develop clear, concise, and decision-ready recommendations for credit approvers
• Prepare pre-screen summaries to support efficient senior-level decisioning

Pipeline & Deal Management

• Manage multiple transactions simultaneously
• Prioritize workload to meet deadlines and support timely deal execution
• Operate effectively in a high-volume, deadline-driven environment

Collaboration & Communication

• Partner closely with sales teams, vendors, and internal stakeholders to move deals forward
• Communicate proactively on deal status, timelines, and potential issues
• Work with internal support teams (e.g., financial spreading teams) to resolve questions and ensure progress

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically six or more years of relevant experience

Preferred Skills & Experience

• Demonstrated experience in commercial credit underwriting or financial analysis
• Strong ability to analyze financial statements and assess credit risk
• Prior experience in equipment finance underwriting
• Experience working with vendor-sourced or indirect transactions
• Knowledge of tax return analysis and global cash flow concepts
• Experience using nCino or similar credit platforms
• Exposure to industries such as manufacturing and healthcare
• Ability to work effectively in a fast-paced, high-volume environment
• Strong attention to detail with the ability to balance speed and accuracy
• Effective written and verbal communication skills
• Strong organizational and multitasking abilities
• Sound judgment with the ability to escalate issues appropriately
• Experience with nCino or similar credit underwriting platforms
• Microsoft Excel and other Office tools
• Familiarity with AI tools (e.g., Copilot) to enhance efficiency is a plus

Location expectations

This role requires working from a U.S. Bank location three (3) or more days per week. This position can be located at any of the locations listed on the posting.

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:

• 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

Review our full benefits available by employment status here.

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: $105,400.00 - $124,000.00

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.