CRE Construction Loan Admin 1

Commercial Real Estate Construction Loan Administrator

Responsible for reviewing and / or negotiating Commercial Real Estate (CRE) construction loan documents, protecting the bank's interest, and analyzing and administering the construction draw disbursements from the time the loan is approved until project completion is attained. Construction loan product @types to include developer / investor commercial construction projects such as retail, office, mixed use, industrial; and residential construction including apartments, condos, homebuilder, and affordable housing. Works in partnership with Relationship Managers and CRE Loan Administrators as primary liaison with customers, attorneys, construction consultants and title company representatives, during all phases of construction loan financing. Must meet the requirements to be commissioned as a Notary Public.

Basic Qualifications

High school diploma or equivalent

Typically two to three years of experience in commercial real estate loan administration, OR at least five years of transferable experience in commercial loan administration

Preferred Skills / Experience

Basic knowledge of commercial real estate lending including letters of credit, tax credit transactions, borrowing base lending, multi-phased construction, and transactions secured by multiple collateral properties

Some technical expertise in closing and loan management functions

Basic knowledge of commercial real estate finance, law, documentation, accounting and data systems

Ability to meet the requirements to be commissioned as a Notary Public

Bachelor's degree preferred

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

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 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, 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 : $64,855.00 - $76,300.00