CRE Construction Loan Admin 1

US Bank; San Diego (CA); Sur place; USD 69 000 - 81 000; Plein temps

Avantages offerts par ce poste

Healthcare

Life insurance

Disability

Parental leave

401(k)

Paid vacation

Holidays

Adoption assistance

Sick leave

Résumé du poste

U.S. Bank in San Diego seeks a Commercial Real Estate Construction Loan Administrator to review and negotiate loan documents and manage construction draws from approval through project completion.

You will partner with Relationship Managers and CRE Loan Administrators as the primary liaison with customers, attorneys, and title company representatives, ensuring compliance and timely disbursements. Notary Public commission is required.

Qualifications

• High school diploma or equivalent.
• 2–3 years of experience in CRE loan administration, or at least 5 years transferable experience in commercial loan administration.
• Notary Public commission requirement.
• Bachelor's degree preferred or equivalent experience.

Responsabilités

• Review and negotiate CRE construction loan documents and protect the bank's interests.
• Analyze and administer construction draw disbursements from loan approval to project completion.
• Collaborate with Relationship Managers and CRE Loan Administrators as primary liaison with customers, attorneys, and title company representatives.

Connaissances

CRE lending knowledge

Loan closing

Notary eligibility

Formation

High school diploma

Bachelor's degree preferred

Description du poste

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) construction loan documents, protecting the bank's interest, and analyzing and administering the construction draw disbursements from the time the loan is approved until project completion is attained. Construction loan product types to include developer/investor commercial construction projects such as retail, office, mixed use, industrial; and residential construction including apartments, condos, homebuilder, and affordable housing. Works in partnership with Relationship Managers and CRE Loan Administrators as 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

• Basic 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
• Some technical expertise in closing and loan management functions
• Basic knowledge of commercial real estate finance, law, documentation, accounting and data systems
• Ability to meet the requirements to be commissioned as a Notary Public
• Bachelor's degree preferred

Location Expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

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
• Review 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: $68,850.00 - $81,000.00

U.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