U.S. Bank · 15 hours ago

SBA Closer/Commercial Real Estate Admin

United States

Full-time

Remote

Mid Level

$65K/yr - $84K/yr

3+ years exp

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Responsibilities

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.

Partners with Relationship Managers as primary liaison with customers, attorneys, construction consultants and title company representatives, during all phases of financing and closing.

Qualification

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Commercial real estate loan administrationCommercial real estate lendingClose commercial real estate loansManage loan portfolioSBA closing experienceEscrowE-TranCommercial real estate financeLetters of creditTax credit transactionsBorrowing base lendingMulti-phased constructionTransactions secured by multiple collateral propertiesCommercial real estate lawAccountingData systemsNotary PublicDocumentation

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 for SBA Closer/Commercial Real Estate Admin 11

Typically five to seven years of experience in commercial real estate loan administration for SBA Closer/Commercial Real Estate Admin 12

Preferred

SBA closing experience preferred

Knowledge of title and escrow

Experience with E-Tran

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