Commercial Real Estate Construction Loan Admin

U.S. Bank; Northern (KY); Hybrid; USD 71,000 - 84,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement

Paid vacation

Up to 11 paid holiday opportunities

Adoption assistance

Sick and Safe Leave

Job summary

U.S. Bank is seeking a Commercial Real Estate Construction Loan Administrator to support complex construction lending from pre-closing through project completion. You will partner with Relationship Managers, borrowers, attorneys, title companies, and inspectors to ensure timely funding and protect the bank's interests.

The role emphasizes budgets, draw administration, and documentation review. Candidates with strong attention to detail and multitasking skills will excel in a deadline-driven

Qualifications

• High school diploma or equivalent.
• 3–5 years of experience in commercial real estate loan administration or related field.
• 7+ years of transferable experience in commercial lending or construction finance.

Responsibilities

• Review construction loan documents before closing, focusing on disbursement requirements and project funding structures.
• Participate in negotiation and administration of construction-related loan provisions to ensure controls and risk mitigation.
• Establish and maintain construction budgets, funding sources, and project cost tracking throughout the construction lifecycle.
• Review construction draw packages, including invoices, contractor pay applications, change orders, lien waivers, and supporting documentation.
• Analyze project expenditures and verify disbursement requests align with approved budgets and project progress.
• Coordinate with inspectors, title companies, attorneys, borrowers, and relationship managers to support timely funding decisions.
• Monitor projects to identify budget shortfalls, documentation deficiencies, title concerns, insurance issues, or other risks.
• Validate construction progress through inspections and supporting documentation prior to loan funding.
• Prepare recommendations and obtain necessary approvals before construction draw disbursements are released.
• Maintain ongoing oversight of assigned construction projects from closing through stabilization and transition to long-term servicing teams.

Skills

Relationship management

Communication

Financial analysis

Attention to detail

Project management

Budgeting

Education

High school diploma or equivalent

Job description

## Commercial Real Estate Construction Loan AdminApply: Saint Paul, MN: Cincinnati, OH: Full time: Posted Yesterday: End Date: September 28, 2026 (8 days left to apply): 2026-0028220At 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****U.S. Bank is seeking a Commercial Real Estate Construction Loan Administrator to support complex commercial construction lending projects from pre-closing through project completion. This role serves as a key partner to Relationship Managers, borrowers, attorneys, title companies, construction consultants, and other internal stakeholders to ensure construction loan disbursements are properly administered and the bank's interests are protected throughout the life of each project.****The position focuses specifically on commercial real estate construction lending and construction disbursement administration. Team members oversee construction budgets, review draw requests and supporting documentation, monitor project progress, analyze funding requirements, and facilitate loan disbursements until construction is complete.****Location expectations** This role requires working from one of the following U.S. Bank location three (3) or more days per week: **60 Livingston Ave Saint Paul, MN** *OR* **5065 Wooster Rd Cincinnati, OH****Primary Responsibilities*** **Review and analyze construction loan documents before closing, with a focus on construction disbursement requirements and project funding structures.*** **Participate in the negotiation and administration of construction-related loan provisions to ensure appropriate controls and risk mitigation.*** **Establish and maintain construction budgets, funding sources, and project cost tracking throughout the construction lifecycle.*** **Review construction draw packages, including invoices, contractor pay applications, change orders, lien waivers, and supporting documentation.*** **Analyze project expenditures and verify that disbursement requests align with approved budgets and project progress.*** **Coordinate with inspectors, title companies, attorneys, borrowers, and relationship managers to support timely funding decisions.*** **Monitor projects to identify budget shortfalls, documentation deficiencies, title concerns, insurance issues, or other risks that could impact project completion.*** **Validate construction progress through inspections and supporting documentation prior to loan funding.*** **Prepare recommendations and obtain necessary approvals before construction draw disbursements are released.*** **Maintain ongoing oversight of assigned construction projects from closing through stabilization and transition to long-term servicing teams.****Basic Qualifications*** **High school diploma or equivalent.*** **Three to five years of experience in commercial real estate loan administration, construction lending, construction disbursement administration, or a related field.****OR*** **Seven or more years of transferable experience in commercial lending, commercial real estate, construction finance, real estate development, general contracting, or related construction industry functions.****Preferred Qualifications*** **Experience supporting commercial real estate construction loans and construction disbursements.*** **Strong understanding of commercial construction projects, including project budgets, draw administration, contractor payment processes, and construction documentation.*** **Knowledge of commercial real estate lending structures and project financing.*** **Familiarity with construction contracts, change orders, lien waivers, title requirements, and inspection processes.*** **Experience working with developers, contractors, subcontractors, or commercial real estate organizations.*** **Ability to analyze complex financial and project documentation while maintaining attention to detail.*** **Strong relationship management and communication skills with both internal and external stakeholders.*** **Experience managing multiple projects and competing priorities in a deadline-driven environment.**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:**Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:* 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 lawReview our full benefits available by employment status here.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.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: $71,400.00 - $84,000.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.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.**