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CRE Construction Loan Admin

Minnesota Jobs

U.S. Bank Commercial Real Estate Construction Loan Administrator Responsible for reviewing and/or negotiating commercial real estate 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 commercial real estate 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 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. #J-18808-Ljbffr Minnesota Jobs

Vacancy posted 5 days ago
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