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Credit Approval Officer Jobs (NOW HIRING)

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

New

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

New

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

New

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

New

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

New

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

New

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures ...

New

The Commercial Credit Approval Officer I ensures compliance with established underwriting guidelines, quality and production guidelines, as well as Federal Banking Regulations and Government ...

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Credit Approval Officer information

See salary details

$35K

$98K

$147.5K

How much do credit approval officer jobs pay per year?

As of Jul 26, 2026, the average yearly pay for credit approval officer in the United States is $98,014.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,000.00 and $120,500.00 per year, depending on experience, location, and employer.

What is the difference between Credit Approval Officer vs Credit Analyst?

AspectCredit Approval OfficerCredit Analyst
CredentialsTypically requires a bachelor's degree in finance, accounting, or related fieldSimilar educational background, often with certifications like CFA or CPA beneficial
Work EnvironmentOften works in banks, lending institutions, or financial firms, reviewing loan applicationsWorks in financial institutions, analyzing credit data and financial statements
Employer & Industry UsageCommonly employed by banks and lending companies to approve credit applicationsUsed across financial sectors to assess creditworthiness and risk

While both roles involve assessing financial information, a Credit Approval Officer primarily reviews and approves loan applications, focusing on creditworthiness, whereas a Credit Analyst conducts detailed financial analysis to inform credit decisions. Both roles require similar credentials and are integral to the lending process.

What does a Credit Approval Officer do?

A Credit Approval Officer is responsible for evaluating loan and credit applications from individuals or businesses. They analyze applicants' financial information, assess creditworthiness, and determine whether to approve or deny credit requests based on established guidelines. Their role involves reviewing credit reports, income statements, and other relevant documents to minimize risk for the lender while ensuring compliance with regulatory requirements. They may also communicate with applicants to gather additional information and explain decisions.

What are some common challenges faced by Credit Approval Officers during the loan evaluation process?

Credit Approval Officers often encounter challenges such as incomplete or inconsistent applicant information, tight deadlines for processing a high volume of applications, and the need to balance risk management with customer satisfaction. They must thoroughly analyze financial statements, credit reports, and other documentation while staying updated on regulatory requirements and internal lending policies. Effective communication and collaboration with relationship managers, underwriters, and compliance teams are also essential to ensure sound and timely credit decisions.

What are the key skills and qualifications needed to thrive as a Credit Approval Officer, and why are they important?

To thrive as a Credit Approval Officer, you need strong analytical skills, financial acumen, and a background in finance, accounting, or a related field, often supported by a relevant degree. Familiarity with credit assessment tools, financial modeling software, and risk management systems is typically required. Attention to detail, sound judgment, and effective communication are vital soft skills for evaluating applications and collaborating with stakeholders. These competencies ensure accurate credit decisions, minimize risk exposure, and support the financial stability of the organization.
More about Credit Approval Officer jobs
Infographic showing various Credit Approval Officer job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 83% Full Time, 9% Part Time, 1% Temporary, and 6% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $98,014 per year, or $47.1 per hour.
Credit Approval Officer

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago


U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 359 frontline employees who took The Breakroom Quiz

53rd of 170 rated banks


Job description

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

U.S. Bank has a great opportunity for an experienced Credit Approval Officer to support our Business Banking organization. This individual will be part of a team supporting the Business Banking California and West Regions and Healthcare for Commercial (C&I), Commercial Real Estate (D&I) and Practice Finance lending.


The Credit Approval Officer will approve loans in excess of Business Banking Credit Services lending authority with a focus on larger and more complex Business Banking portfolios and ensures conformity with bank policies. The individual will work with underwriting and sales teams on transaction and covenant structures. The incumbent will be integral to ensure that ongoing administration and review is adequate to maintain the loan portfolios' quality and profitability. This person will be accountable for an effective partnership between the Line of Business and the Lines of Defense.

Basic Qualifications
- Bachelor's or advanced degree, or equivalent work experience
- Typically more than 12 years of applicable experience

Preferred Skills/Experience

- Significant experience in underwriting, approving, and oversight of Commercial (C&I) and Commercial Real Estate (D&I) and Healthcare Practice Finance credit requests and portfolios.

- Experience underwriting, approving, and oversight of SBA credit requests and portfolio.

- Expert knowledge of Risk/Compliance/Audit competencies.

- Ability to manage job scope and complexity of assigned business at the departmental and/or division level.

- Strong leadership and management skills of processes, projects, and people.

- Ability to collaborate effectively with business units to innovate and strategically grow portfolios while appropriately managing risk.

- Excellent written and verbal communication skills.

- Strong analytical, problem-solving and negotiation skills.

- Well-developed customer service/relations skills.

- Ability to guide and influence underwriting and sales teams to align with the bank's risk culture and appetite.

- Ability to handle stressful situations while maintaining trusting relationships with the business line and other stakeholders.

- Strong understanding of the business line's operations, products/services, systems, and associated risks/controls.

- Considerable knowledge of applicable credit policies, laws/regulations, financial services, and regulatory trends that impact business banking/lending.

This role requires working from a U.S. Bank location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability 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 status here.

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 theE-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, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $149,515.00 - $175,900.00

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.


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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

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