Commercial Real Estate Admin

U.S. Bank National Association • Cincinnati, OH

7d • Onsite

About The Position

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 at—all 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. The CRE Administrator is an integral member of the Deal Team, and ensures protection of the Bank’s interest while providing a high level of customer service.

Requirements

• Bachelor’s degree, or equivalent work experience
• Five to seven or more years experience in CRE loan administration

Nice To Haves

• Advanced level of knowledge in all areas of Commercial Real Estate (CRE) lending including, but not limited to, letters of credit, tax credit transactions, borrowing base lending, multi-phased construction and transactions secured by multiple collateral properties
• Strong technical expertise in the closing and loan management functions and preferred to have experience in Encino
• Demonstrated ability to close complex CRE loans and manage a CRE loan portfolio
• Thorough knowledge of CRE finance, law, documentation, accounting, and data systems

Responsibilities

• Support various CRE offices and work closely with relationship managers and underwriters on the closing side of commercial real estate loans.
• Manage a loan portfolio from approval through payoff or maturity, including originations and modifications (not limited to new business).
• Review and/or negotiate CRE loan documents to ensure approved credit terms are accurately reflected in documentation.
• Maintain performance standards based on meeting deadlines, quality assurance, and compliance with operational functions.
• Provide expertise across a range of CRE products, including construction and term loans, unsecured and secured borrowing base lines of credit, subscription lines, and other complex loan products.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees