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

Our Credit Analyst team

Credit analysts underwrite custom credit requests, participate in structuring loan transactions, monitor borrower financial performance, and interact with relationship managers and clients to support the clients’ banking needs.

What you’ll do

Our 10-week paid internship will provide you with the foundation on how to conduct analysis of financial statements, assessment of credit requests, and delivery of recommendations tied to analysis and assessment of credit risk. You will receive accelerated learning and skill development through a mix of on-the-job training, mentorship, a community of peers and advisors, and a pathway to our full-time Credit Analyst Development Program upon graduation.

As a Credit Analyst Intern, you will:

• Preparation of Quarterly Trend Analysis (QTA) reports, financial analyses, Annual Reviews, and Pre-Flight reviews of prospective borrowers
• Testing for compliance with a wide variety of financial covenants as specified within loan documentation.
• Reading and interpreting loan documentation to update monitoring requirements
• Analyzing the financial statements of Borrowers in a given portfolio and presenting findings to Portfolio Managers, Relationship Managers, and Team Leads.
• Interacting with Borrowers as appropriate and attending calls and meetings with Borrowers.

Who we’re looking for

We’re looking for talent with demonstrated leadership capabilities, strong work ethic, and intellectual curiosity.

Basic qualifications:

• Pursuing a bachelor’s degree with a target graduation date of December 2024 or May 2025
• Basic understanding of Financial/Accounting terms, concepts, and applications
• Ability to start internship program on June 10, 2024

Preferred qualifications:

• GPA of 3.0 or above
• Strong written and verbal communication skills
• Well-developed analytical skills
• Acute attention to detail
• Ability to work well under pressure and time constraints
• Ability to work equally well in a team environment and independently, exhibiting initiative, ownership, and flexibility
• Ability to work well under pressure and time constraints
• Effective oral and written communication skills
• Proficient in Word, Excel, and PowerPoint

Working model and hours:

This role is hybrid. Interns who are in a hybrid role typically spend three days a week at the listed U.S. Bank location(s), while having flexibility on their work location for the other working days.

Interns work approximately 40-hours each week during the internship.

The application process

If you are interested in applying and learning more, click on the Apply Now icon to submit your application. Most applications will be closed on September 29, 2023.

Internship benefits

• Meaningful, hands-on work that impacts the business
• Networking opportunities with senior leadership, U.S. Bank team members, and interns
• Potential for a fulltime offer upon graduation into a development program

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.

Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company.

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 (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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $21.39 - $28.51 - $31.36