CRE Construction Loan Admin: Disbursement & Projects

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

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Parental leave

401(k) with employer contribution

Paid vacation

Job summary

U.S. Bank is seeking a Commercial Real Estate Construction Loan Administrator to support complex construction lending from pre-closing to project completion.

You will partner with Relationship Managers, borrowers, attorneys, title companies, and inspectors to ensure proper disbursements and protect the bank's interests throughout the project. You will oversee budgets, review draw requests, monitor progress, and facilitate loan disbursements until construction completion, ensuring timely funding

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.
• 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.

Responsibilities

• Review and analyze construction loan documents before closing, with a focus on disbursement requirements and project funding structures.
• Negotiate and administer construction-related loan provisions to ensure controls and risk mitigation.
• Establish and maintain construction budgets, funding sources, and project cost tracking.

Job description

U.S. Bank is seeking a Commercial Real Estate Construction Loan Administrator to support complex construction lending from pre-closing to project completion.

You will partner with Relationship Managers, borrowers, attorneys, title companies, and inspectors to ensure proper disbursements and protect the bank's interests throughout the project. You will oversee budgets, review draw requests, monitor progress, and facilitate loan disbursements until construction completion, ensuring timely funding