2026 Commercial Real Estate Development Program
2026 Commercial Real Estate Development Program
Our Commercial Real Estate team: Commercial Real Estate (CRE) is recruiting for its next Credit Analyst class to join the National CRE Underwriting Team. This selective program provides a diverse foundation in commercial real estate and credit principles. Analysts gather, analyze, and interpret loan information to assess performance and recommend actions to address risk. The program offers a collaborative and fast-paced environment while preparing candidates for internal opportunities in Relationship Management, Capital Markets, Underwriting Management, Technology / Analytics, and Credit.
Credit analysts are located in seven regional underwriting offices supporting approximately 30 origination offices throughout the country. U.S. Bank’s Commercial Real Estate platform is one of the largest in the United States. We deliver a comprehensive set of financing solutions to institutional, public, and private commercial real estate investors, including lines of credit (working capital, subscription, repurchase) and project debt (construction, bridge, term) to acquire, construct or rehab property types including multifamily, industrial, office, retail and more.
What you’ll do
Conduct analysis of financial statements and assessment of credit requests, providing recommendations tied to analysis and assessment of credit risk. Over the course of our 3-year program, you will receive accelerated learning and skill development through a mix of formal training, mentorship, and a community of peers and advisors.
As a CRE Analyst, you’ll:
- Underwrite new business opportunities for credit approval, including project, market, and sponsor financial analysis, structuring of loan terms, and risk evaluation.
- Monitor existing loan portfolios, including market analysis, covenant compliance tracking, collection and analysis of financial statements, problem loan reporting, and ongoing assessment of risk factors that may affect a project’s and/or client’s risk profile.
- Measure, monitor, and test a wide variety of financial covenants as specified within credit approval documents
- Read and interpret relevant credit approval requirements to accurately input monitoring requirements and covenants into a standard compliance monitoring system
- Analyze financial statement results and prepare reports to communicate financial performance and trends with Portfolio Managers, Relationship Managers, and/or Credit Administration
- Interact with clients as appropriate; attend meetings or calls with companies in the supported portfolio
- Develop technical and business acumen through training, mentorship, and exposure to senior executives
- Build a supportive community of peers through a variety of cohort strengthening activities such as social events, volunteer days, and development workshops
Who we’re looking for
We’re looking for talent with demonstrated leadership capabilities, strong work ethic and intellectual curiosity.
Locations: Charlotte, Denver, Los Angeles
Basic qualifications:
- Bachelor’s degree with a target graduation date of December 2025 or Spring 2026
- Basic understanding of Financial/Accounting terms, concepts, and applications
- Ability to start development program on July 13, 2026
Preferred qualifications:
- Preferred 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
- Effective oral and written communication skills
- Proficient in Excel and PowerPoint
Working model and hours:
This role is hybrid. Team members 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.
Development program members work approximately 40-hours each week in this fulltime role.