Comml Real Estate Loan Administrator
At US Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we're one of the country's most respected, innovative and successful financial institutions. US Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.Job DescriptionThis dynamic position supports the Real Estate Structured Finance group ('RESF'), so will primarily relate to the management of a complex portfolio of structured finance loans. This portfolio has a large number of repurchase facilities and an active agency line. For these types of facilities, there are partnerships with document custodians, servicers, and agencies such as Freddie Mac, Fannie Mae, and Ginnie Mae, in addition to those listed above so this role requires strong attention to detail and strong communication skills. Experience with transactions that are secured by assignments of underlying loan documents would be helpful for this position, but is not requiredResponsible 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 experience- Eight or more years of experience in commercial real estate loan administrationPreferred Skills/Experience- Considerable 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- Strong technical expertise in closing and loan management functions- Demonstrated ability to close commercial real estate loans and manage a commercial real estate loan portfolio- Advanced knowledge of commercial real estate finance, law, documentation, accounting and data systems- Ability to meet the requirements to be commissioned as a Notary PublicBenefits:Take care of yourself and your family with US Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.Learn all about US Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.EEO is the LawApplicants can learn more about the company's status as an equal opportunity employer by viewing the federal EEO is the Law poster.E-VerifyU.S. Bank participates in the US Department of Homeland Security E-Verify program in all facilities located in the United States and certain US territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the US Citizenship and Immigration Services. Learn more about the E-Verify program.U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.