Commercial Real Estate Administrator supporting loan administration at U.S. Bank. Responsible for managing loan portfolios and ensuring compliance with financial reporting requirements.
Responsibilities
Responsible for supporting the loan administration process by reviewing Commercial Real Estate (CRE) loan documents
Coordinating financial reporting requirements
Maintaining data integrity
Ensuring covenant compliance
Support protecting the bank’s interest, providing management of a loan portfolio from the time the loans are approved until pay-off or maturity
Serves as a liaison between the bank, agent banks, internal partners, and customers to ensure timely and accurate financial reporting and documentation
Additional post-close responsibilities include collection of financial reporting, documenting receipt of the reporting, coordinating loan advances, establishing close working relationships with Relationship Managers and Underwriters
Requirements
Bachelor’s degree, or equivalent work experience
Typically five to seven years of experience in commercial real estate loan administration
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
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