SBA Loan Closer

Jobtailor

Minnesota

On-site

USD 65,000 - 90,000

Full time

14 days+

Get more replies from employers

Send a job-specific resume in minutes.

Job summary

Jobtailor is seeking a Commercial Real Estate loan administration professional to review and negotiate CRE loan documents while safeguarding the bank's interests. The role includes managing the loan portfolio from approval through payoff or maturity, handling construction and term loans, and various secured/ unsecured credit facilities.

You will partner with Relationship Managers and coordinate with customers, attorneys, title companies, and construction consultants through all financing and

Qualifications

Bachelor's degree or equivalent work experience required.
Typically 3–5 years of experience in commercial real estate loan administration, or at least 7 years in commercial loan administration.
Thorough knowledge of CRE lending including letters of credit, tax credit transactions, borrowing base lending, multi-phased construction, and collateral properties.

Responsibilities

Review and/or negotiate Commercial Real Estate loan documents.
Protect the bank's interests.
Provide management of a loan portfolio from approval to pay-off or maturity.
Work with construction and term loans, unsecured and secured lines of credit, subscription lines, and other complex loan products.
Partner with Relationship Managers as liaison with customers, attorneys, construction consultants and title company reps during financing and closing.

Skills

Negotiation

Communication

Relationship Management

Education

Bachelor's degree

Equivalent work experience

Notary Public Commission

Tools

Accounting Systems

Data Systems

Job description

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

Requirements

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
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

Core Competencies

Demonstrates extensive knowledge in Commercial Real Estate Lending, including loan administration, documentation, and finance. Proven ability to manage a loan portfolio and close complex commercial real estate loans while protecting the bank's interests.

Highest-signal resume keywords