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SBA Loan Closer

U.S. Bancorp

U.S. Bank Commercial Real Estate Loan Administrator

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.

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

Benefits:

  • 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
Vacancy posted 15 hours ago
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