Commercial Real Estate Admin 2
U.S. Bancorp
U.S. Bank 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 atall 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. Partners with relationship managers as primary liaison with customers, attorneys, construction consultants and title company representatives, during all phases of financing and closing. This position is a hybrid role that requires weekly onsite attendance (minimum of 3 days per week) at our Cincinnati, OH office: 5065 Wooster Rd., Cincinnati, OH 45226 Basic Qualifications- Bachelor's degree, or equivalent work experience- Typically three to five years of experience in commercial real estate loan administration, OR at least seven years of transferable experience in commercial loan administration Preferred Skills/Experience- Thorough 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- Demonstrated ability to close commercial real estate loans and manage a commercial real estate loan portfolio- Thorough knowledge of commercial real estate finance, law, documentation, accounting and data systems- Ability to meet the requirements to be commissioned as a notary public
Location expectations This role requires working from a U.S. Bank location three (3) or more days per week.
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
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.
U.S. Bancorp$66.64k - $78.4k
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