Commercial Real Estate Underwriting Manager

## Commercial Real Estate Underwriting Manager Apply locations:
Denver, CO:
Minneapolis, MN:
Brea, CA:
Los Angeles, CAtime type:
Full time posted on:
Posted Todaytime left to apply:
End Date:
August 18, 2026 (14 days left to apply) job requisition :
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 Commercial Real Estate Underwriting Manager is responsible for leading and developing a team of CRE underwriting professionals while maintaining strong oversight of credit quality, underwriting standards, and workflow execution. The role serves as a key interface between Relationship Management, Credit, and Loan Administration, ensuring credit actions and deliverables are accurate, timely, consistent with policy, and audit-ready.

This position combines hands-on credit leadership with direct people management and core HR responsibilities, supporting team development while ensuring adherence to commercial lending policies, regulatory requirements, and in-office expectations. The team underwrites and supports a broad range of CRE asset classes across the U.S. for regional and local developers and investors.
** Key Responsibilities
**** People Leadership
*** Directly manage a team of Commercial Real Estate underwriters, including performance management, coaching, skills development, and quality control.
* Set clear expectations and service-level standards; allocate resources to meet business needs.
* Foster a culture that values accuracy, responsiveness, and continuous improvement.
* Provide initial and ongoing training, feedback, and career development support by identifying learning opportunities aligned with organizational goals. Act as a player-coach to mentor and train staff while ensuring the work gets done at the highest levels.
* Participate in leadership meetings to align priorities, cascade information, and provide updates on capacity, pipeline status, and execution risks.
** Workflow Management & Cross-Functional Partnership
*** Oversee quality execution of core deliverables, including new transaction underwriting, quarterly portfolio/trend reporting, and annual Sponsor reviews.
* Partner closely with Relationship Management, Credit Risk, Loan Administration, and other internal stakeholders to drive consistent, concise, policy-aligned credit packages.
* Improve processes and controls, inclusive of ad-hoc projects to develop or elevate platform-wide tools and procedures, provide clear updates on key risks, bottlenecks, and prioritization needs.
** Credit Oversight, Portfolio Risk & Audit Support
*** Maintain the highest credit quality standards within the hub and serve as a senior credit leader in the market.
* Oversee portfolio risk and credit execution, ensuring timely, accurate, and complete credit actions
* Ensure timely completion of credit requests, portfolio monitoring, annual reviews, and problem credit management in line with credit quality goals and policy requirements.
* Serve as one of the key persons of responsibility for audit responses and credit‐related inquiries for the hub market(s) and assigned team.
** HR Management
*** Own core HR responsibilities such as performance reviews, PTO and leave management, and employee development planning.
* Lead the team by adherence to and managing to Bank’s ‘in-office’ work policy.
** Client & Revenue Support (as needed)
*** As needed based on market and business needs, support client interactions and revenue enhancement efforts in partnership with relationship managers and treasury teams.
** Basic Qualifications
*** Bachelor's or Master's degree, or equivalent work experience
* Eight or more years of commercial banking/lending experience
* Two or more years of…