Impact Finance - Project Finance - Loan Administrator

U.S. Bank • St. Louis, MO

1d • $81,515 - $95,900 • Hybrid

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 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. Primary Responsibilities Responsible for managing due diligence and administrative management of loans specifically targeted towards renewable energy and infrastructure projects. Provides administrative management of a portfolio of assigned Project Finance construction, term loans, and Letters of Credit in accordance with credit policy requirements for risk management. Ensures all closing conditions are met and loans are closed and funded within time frames consistent with excellent customer service. Maintains files with sufficient documentation for third party review and prepares files for timely audits. Work closely with internal teams such as project management, asset management, legal, and compliance as well as external stakeholders. Reviews loan documents and ensures alignment of documentation with loan booking systems.

Requirements

• Bachelor’s degree, or equivalent work experience
• Typically five to seven years of experience in commercial real estate or project finance loan administration

Nice To Haves

• Thorough knowledge of commercial real estate or project finance 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 or project finance loans and manage a project finance loan portfolio
• Thorough knowledge of commercial real estate finance or project finance, law, documentation, accounting and data systems
• Ability to meet the requirements to be commissioned as a Notary Public

Responsibilities

• Responsible for managing due diligence and administrative management of loans specifically targeted towards renewable energy and infrastructure projects.
• Provides administrative management of a portfolio of assigned Project Finance construction, term loans, and Letters of Credit in accordance with credit policy requirements for risk management.
• Ensures all closing conditions are met and loans are closed and funded within time frames consistent with excellent customer service.
• Maintains files with sufficient documentation for third party review and prepares files for timely audits.
• Work closely with internal teams such as project management, asset management, legal, and compliance as well as external stakeholders.
• Reviews loan documents and ensures alignment of documentation with loan booking systems.

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: 5,001-10,000 employees