CRE Construction Loan Administrator: Build & Fund Projects

Us Bank; Saint Paul (MN); On-site; USD 71,000 - 84,000; Full time

Benefits offered by this job

Healthcare

Retirement plan 401(k)

Paid vacation

Paid holidays

Parental leave

Disability insurance

Adoption assistance

Job summary

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

The role partners with Relationship Managers, borrowers, attorneys, title companies, and other stakeholders to protect the bank’s interests. The position focuses on CRE construction lending, disbursement administration, budgets, draw reviews, and funding coordination.

Qualifications

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

Responsibilities

• Review and analyze construction loan documents before closing, focusing on disbursement requirements and funding structures.
• Negotiate and administer construction loan provisions to ensure controls and risk mitigation.
• Establish and maintain construction budgets, funding sources, and progress tracking throughout the lifecycle.
• Review draw packages, invoices, pay applications, change orders, lien waivers, and supporting docs.
• Verify disbursement requests align with budgets and project progress.
• Coordinate with inspectors, title companies, attorneys, borrowers, and RMs to support timely funding decisions.
• Monitor projects for budget shortfalls, title issues, or other risks impacting completion.
• Validate progress through inspections before funding.
• Prepare recommendations and obtain approvals before disbursements are released.
• Oversee projects from closing to stabilization and transition to servicing teams.

Skills

Commercial real estate loan admin

Construction lending

Disbursement administration

Budget analysis

Stakeholder communication

Job description

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

The role partners with Relationship Managers, borrowers, attorneys, title companies, and other stakeholders to protect the bank’s interests. The position focuses on CRE construction lending, disbursement administration, budgets, draw reviews, and funding coordination.