Sales Support Commercial Real Estate Admin jobs in United States
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U.S. Bank · 3 weeks ago

Sales Support Commercial Real Estate Admin

U.S. Bank is on a journey to help customers and businesses make better financial decisions. The Commercial Real Estate Administrator will support the loan administration process, ensuring compliance and maintaining data integrity while managing a loan portfolio from approval to maturity.

BankingFinancial ServicesInsuranceMortgageWealth Management

Responsibilities

Supporting the loan administration process by reviewing Commercial Real Estate (CRE) loan documents
Coordinating financial reporting requirements
Maintaining data integrity and ensuring covenant compliance
Supporting the protection of the bank’s interest and managing a loan portfolio from the time the loans are approved until pay-off or maturity
Serving as a liaison between the bank, agent banks, internal partners, and customers to ensure timely and accurate financial reporting and documentation
Partnering with Relationship Managers as primary liaison with customers, attorneys, construction consultants, and title company representatives during all phases of financing and closing
Collecting financial reporting, documenting receipt of the reporting, coordinating loan advances, and establishing close working relationships with Relationship Managers and Underwriters

Qualification

Commercial real estate lendingLoan administrationFinancial reportingNotary Public certificationLoan portfolio managementCommunication skillsTeam collaboration

Required

Bachelor's degree, or equivalent work experience
Typically five to seven years of experience in commercial real estate 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

Benefits

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

Company

U.S. Bank

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At U.S.

Funding

Current Stage
Public Company
Total Funding
$991M
Key Investors
U.S. Department of the TreasuryMitsubishi UFJ Financial Group
2023-09-29Post Ipo Debt· $55M
2023-08-03Post Ipo Debt· $936M
1978-01-13IPO

Leadership Team

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John C Stern
CFO
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Shruti Patel
Executive Vice President & GM, CPO- Business Banking segment
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Company data provided by crunchbase