U.S. Bank
Overview
Join to apply for the
CRE Construction Loan Admin 1 (SBA)
role at
U.S. Bank . At U.S. Bank, we’re on a journey to do our best. This description outlines the responsibilities, qualifications, and benefits for this role. Responsibilities
Responsible for reviewing and/or negotiating Commercial Real Estate (CRE) construction loan documents, protecting the bank’s interest, and analyzing and administering the construction draw disbursements from loan approval through project completion. Construction loan product types include developer/investor commercial construction (retail, office, mixed use, industrial) and residential construction (apartments, condos, homebuilder, affordable housing). Work in partnership with Relationship Managers and CRE Loan Administrators as the 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
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 Experience with SBA 7A and 504 loans Strong technical expertise in construction loan administration functions Demonstrated ability to administer a portfolio of complex commercial real estate construction loans Intermediate knowledge of construction finance, law, documentation, accounting and data systems Proficient in Microsoft Suite - Excel, Teams, etc. Experience in Built or other construction draw documentation software Ability to meet the requirements to be commissioned as a Notary Public Bachelor’s degree preferred Disability Accommodation
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. 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 Notice
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. E-Verify: U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program. Compensation
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $64,855.00 - $76,300.00 Additional Compliance
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. Background checks are conducted in accordance with applicable local laws, including fair chance ordinances where applicable, and in compliance with FDIA requirements and other applicable regulations. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies. Posting may be closed earlier due to high volume of applicants.
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Join to apply for the
CRE Construction Loan Admin 1 (SBA)
role at
U.S. Bank . At U.S. Bank, we’re on a journey to do our best. This description outlines the responsibilities, qualifications, and benefits for this role. Responsibilities
Responsible for reviewing and/or negotiating Commercial Real Estate (CRE) construction loan documents, protecting the bank’s interest, and analyzing and administering the construction draw disbursements from loan approval through project completion. Construction loan product types include developer/investor commercial construction (retail, office, mixed use, industrial) and residential construction (apartments, condos, homebuilder, affordable housing). Work in partnership with Relationship Managers and CRE Loan Administrators as the 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
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 Experience with SBA 7A and 504 loans Strong technical expertise in construction loan administration functions Demonstrated ability to administer a portfolio of complex commercial real estate construction loans Intermediate knowledge of construction finance, law, documentation, accounting and data systems Proficient in Microsoft Suite - Excel, Teams, etc. Experience in Built or other construction draw documentation software Ability to meet the requirements to be commissioned as a Notary Public Bachelor’s degree preferred Disability Accommodation
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. 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 Notice
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. E-Verify: U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program. Compensation
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $64,855.00 - $76,300.00 Additional Compliance
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. Background checks are conducted in accordance with applicable local laws, including fair chance ordinances where applicable, and in compliance with FDIA requirements and other applicable regulations. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies. Posting may be closed earlier due to high volume of applicants.
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