U.S. Bank · 2 days ago

SBA Closer/Commercial Real Estate Admin

Los Angeles, CA

Full-time

Hybrid

Mid Level

$65K/yr - $84K/yr

3+ years exp

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BankingFinancial Services

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Insider Connection @U.S. Bank

Discover valuable connections within the company who might provide insights and potential referrals, giving your job application an inside edge.

Responsibilities

Review and/or negotiate Commercial Real Estate (CRE) loan documents to protect the bank's interests.

Manage a loan portfolio from approval to pay-off or maturity, including various loan products such as construction and term loans.

Act as the primary liaison with customers, attorneys, construction consultants, and title company representatives throughout the financing and closing phases.

Qualification

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Commercial Real Estate Loan AdministrationTransferable ExperienceCommercial Loan AdministrationCommercial Real Estate LendingTax Credit TransactionsBorrowing Base LendingMulti-Phased ConstructionTransactions Secured by Multiple Collateral PropertiesClosing Commercial Real Estate LoansManaging Commercial Real Estate Loan PortfolioCommercial Real Estate FinanceCommercial Real Estate LawDocumentationAccountingData SystemsNotary Public Commission RequirementsSBA Closing ExperienceEscrow KnowledgeE-Tran Experience

Required

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

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

SBA closing experience preferred

Knowledge of title and escrow

Experience with E-Tran