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 atall from Day One. 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.
Key Responsibilities
Support various CRE offices and work closely with relationship managers and underwriters on the closing side of commercial real estate loans. Manage a loan portfolio from approval through payoff or maturity, including originations and modifications (not limited to new business). Review and / or negotiate CRE loan documents to ensure approved credit terms are accurately reflected in documentation. Maintain performance standards based on meeting deadlines, quality assurance, and compliance with operational functions. Provide expertise across a range of CRE products, including construction and term loans, unsecured and secured borrowing base lines of credit, subscription lines, and other complex loan products.
The Role Offers
A hybrid / flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days at one of the posted hubs.
Basic Qualifications
Bachelor's degree, or equivalent work experience Five to seven or more years experience in CRE loan administration
Preferred Skills / Experience
Advanced level of knowledge in all areas of 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 Strong technical expertise in the closing and loan management functions and preferred to have experience in Encino Demonstrated ability to close complex CRE loans and manage a CRE loan portfolio Thorough knowledge of CRE finance, law, documentation, accounting, and data systems
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
Equal Opportunity
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.
Commercial Real Estate Admin • Cincinnati, OH, US