SBA Loan Closer

Us Bank; Hamilton (OH); On-site; USD 67,000 - 78,000; Full time

Benefits offered by this job

Healthcare

Life Insurance

Disability

Parental Leave

401(k)

Paid Vacation

Holidays

Adoption Assistance

Sick Leave

Job summary

U.S. Bank is seeking a CRE Loan Administrator to review and negotiate commercial real estate loan documents and manage a loan portfolio through closing and maturity.

You will partner with Relationship Managers, attorneys, title reps and construction consultants as the primary liaison during financing and closing. The role requires a Bachelor's degree and several years of CRE loan administration experience; notary authorization is a plus.

Qualifications

• Bachelor’s degree or equivalent work experience.
• Typically 3–5 years of experience in CRE loan administration, or 7+ years in commercial loan administration.

Responsibilities

• Review and negotiate CRE loan documents to protect bank interests.
• Manage loan portfolio from approval to payoff or maturity.
• Coordinate with Relationship Managers, attorneys, title reps and construction consultants during financing and closing.

Skills

CRE lending knowledge

Notary Public (commission)

Close CRE loans

Portfolio management

Documentation & data systems

Relationship liaison

Education

Bachelor’s degree

Job description

Job Description

Responsible for reviewing and/or negotiating Commercial Real Estate (CRE) loan documents, while protecting the bank’s interest, and providing management of a loan portfolio from the time the loans are approved until pay-off or maturity. In addition to construction and term loans, a typical loan portfolio may include unsecured and secured borrowing base lines of credit, subscription lines, and various other complex loan products. Partners with Relationship Managers as primary liaison with customers, attorneys, construction consultants and title company representatives, during all phases of financing and closing.

Basic Qualifications

• Bachelor’s degree, or equivalent work experience
• Typically three to five years of experience in commercial real estate loan administration, OR at least seven years of transferable experience in commercial loan administration

Preferred Skills/Experience

• 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

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 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: $66,640.00 - $78,400.00

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 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.