Commercial Loan Administrator
$75.82k - $89.2kU.S. Bancorp
Commercial Real Estate Loan Administrator
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
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.
This position is a hybrid role that requires weekly onsite attendance (minimum of three days per week) at our Charlotte, NC office: 214 N Tryon St., Charlotte, NC 28202.
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:
- A minimum of three years of syndicated loan closing 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
- Demonstrated ability to close complex CRE loans and manage a CRE loan portfolio
- Thorough knowledge of CRE finance, law, documentation, accounting, and data systems
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.
Pay Range: $75,820.00 - $89,200.00
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