Commercial Real Estate Loan Administrator
Responsible for reviewing and/or negotiating Commercial Real Estate (CRE) loan documents, while protecting the bank's interest, and providing management of a loan portfolio from the time the loans are approved until pay-off or maturity. In addition to construction and term loans, a typical loan portfolio may include unsecured and secured borrowing base lines of credit, subscription lines, and various other complex loan products. The CRE Administrator is an integral member of the Deal Team, and ensures protection of the Bank's interest while providing a high level of customer service.
Core Responsibilities:
- Review and/or negotiate CRE loan documentation for accuracy and compliance.
- Manage post-close portfolio activities, including covenant tracking, principle payment application, and payoff statement preparation.
- Maintain accurate system updates in platforms such as nCino, Loan IQ, and AFS.
- Support internal, external, and OCC audits by assembling and validating loan documentation.
- Partner with internal stakeholders to ensure smooth loan closing and ongoing portfolio management.
- Provide proactive communication to support business line needs and maintain strong relationships.
This role requires working from a U.S. Bank location three (3) or more days per week. The schedule is Monday-Friday 8am-5pm CST.
Basic Qualifications:
- Bachelor's degree, or equivalent work experience
- Must meet the requirements to be commissioned as a Notary Public
- Five to seven or more years experience in CRE loan administration
Preferred Skills/Experience:
- Advanced level of knowledge is preferred in Commercial Real Estate (CRE) lending including, but not limited to, letters of credit, tax credit transactions, borrowing base lending, multi-phased construction and transactions secured by multiple collateral properties
- Familiarity with systems such as nCino, Loan IQ, and AFS
- Demonstrated ability to close complex CRE loans and manage a CRE loan portfolio
- Exceptional attention to detail, organizational skills, and ability to manage multiple priorities
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
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.