Credit Analyst - Equipment Finance

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 for Equipment Finance is responsible for approving the extension of credit and/or making recommendations to the final decision-makers regarding new, renewal, and extension transactions. The analyst conducts comprehensive credit analysis by gathering, interpreting, and evaluating financial, collateral, and credit information on prospective and existing customers.

The successful candidate will review and analyze credit information, identify and assess business and transaction risk, prepare credit recommendations, and support portfolio monitoring activities. This role requires strong analytical skills, attention to detail, sound judgment, and the ability to communicate recommendations clearly and effectively.

Primary Responsibilities

• Conduct complete credit analyses for equipment finance transactions and customers.
• Review and interpret credit information, including:
  • Dun & Bradstreet reports
  • Personal credit information
  • Financial information
  • Collateral analysis
  • Business risk assessments
• Evaluate transactions to determine whether the supporting information presents a complete and accurate credit story.
• Analyze customer accounts and portfolios to identify potential credit quality concerns and recommend appropriate actions to mitigate risk.
• Prepare credit write-ups, recommendations, and approval requests within established systems and workflows.
• Document approval rationale and credit recommendations in Excel and credit approval systems.
• Support equipment finance transactions generally under $1 million, including assets such as:
  • Software
  • Construction equipment and excavators
  • Portable buildings
  • Other commercial-use equipment
• Partner with credit approvers throughout the review and decision-making process.
• Utilize technology and credit analysis tools to evaluate transactions and identify potential risks while exercising independent judgment in recommending courses of action.
  

Additional Responsibilities

• Support audit requirements and quality control reviews.
• Participate in static pool reviews and quarterly portfolio performance assessments.
• Maintain compliance with credit policies, procedures, and risk management standards.
• Assist with portfolio monitoring and ongoing review activities.
• Collaborate with internal stakeholders to ensure efficient transaction processing and high-quality credit decisions.
  

Collaboration & Stakeholder Management

This position works closely with a variety of internal and external partners, including:

• Internal sales representatives
• External vendors
• Documentation teams
• Credit approvers
• Portfolio management partners
• Risk and audit teams
  

Strong communication and relationship-building skills are essential to success in this role.

Basic Qualifications

• Bachelor's degree, or equivalent work experience.

• Typically four or more years of relevant experience
  

Preferred Qualifications

• Strong credit analysis and analytical skills.
• In-depth knowledge of credit analysis, credit administration, credit policy, procedures, and risk assessment.
• Background in finance, accounting, economics, banking, or a related discipline.
• Experience analyzing commercial credit transactions and financial statements.
• Ability to review and evaluate collateral and equipment-based transactions.
• Strong written communication skills, including technical report writing and credit documentation.
• Effective verbal communication and presentation skills.
• Strong organizational and multitasking abilities.
• Demonstrated ability to thrive in a fast-paced, high-volume environment.
• Proficiency with Microsoft Excel and Microsoft Word.
• Experience with credit and portfolio management tools such as:
  • EFE
  • Doc Manager
  • Dun & Bradstreet
  • PayNet

Location expectations 

This role requires working from a U.S. Bank location three (3) or more days per week. This position is located in Marshall, MN.

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 statushere.

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.

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.