ABS Credit Approval Officer - US Bank : Job Details

ABS Credit Approval Officer position within Credit Risk Management with responsibility for credit approval activities for U.S. Banks ABS lending portfolio. The Credit Approval Officer will review and approve ABS exposures across asset types (auto, fleet lease, equipment, trade receivables, consumer loans). Knowledge of commercial asset classes (aircraft, container, data centers) is preferred. Other responsibilities may include approval of CLO and private debt securitization lending facilities. The candidate should assess risks in ABS transactions (credit, rate, liquidity, regulatory) and perform transaction review including deal structure, documents, servicer evaluation, due diligence, internal rating analysis, stress testing, and adherence to bank policies. The role also involves monitoring ABS portfolio performance and collaboration with Portfolio Managers, Relationship Managers, and other senior officers.

• Bachelor's or advanced degree.
• Typically more than 6-7 years of applicable experience. ABS asset classes should include auto loan/lease, fleet lease, trade receivables, and consumer loans.
• Demonstrated analytical and risk management skills.
• Knowledge of ABS markets.
• Excellent verbal and written communication skills.

• Prior credit approval experience.
• Expertise in CLO/private debt securitization.
• Expertise in Commercial ABS asset classes.
• Expert knowledge of credit and lending policies.
• Demonstrated relationship management and leadership skills.
• Advanced knowledge of organization, business practices, business philosophy, and ethics.

If theres 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.

Our approach to benefits and total rewards considers our team members whole selves and what may be needed to thrive in and outside work. Our benefits include the following (some may vary based on role, location or hours):

• 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

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.

Posting may be closed earlier due to high volume of applicants.