U.S. Bank

Responsible for managing due diligence and administrative management of loans specifically targeted towards renewable energy projects.. Provides administrative management of a portfolio of assigned Project Finance construction, term loans, and Letters of Credit in accordance with credit policy requirements for risk management.. Typically five to seven years of experience in commercial real estate loan administration. Ability to meet the requirements to be commissioned as a Notary Public. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.

loan administrator

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description U.S. Bancorp Community Development Corporation is now operating as U.S. Bancorp Impact Finance All job postings listed under U.S. Bancorp Impact Finance reside within the USBCDC organization. Responsible for reviewing and/or negotiating 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. Primary Responsibilities <ul><li>Responsible for managing due diligence and administrative management of loans specifically targeted towards renewable energy projects. </li><li>Provides administrative management of a portfolio of assigned Project Finance construction, term loans, and Letters of Credit in accordance with credit policy requirements for risk management. </li><li>Ensures all closing conditions are met and loans are closed and funded within time frames consistent with excellent customer service. </li><li>Maintains files with sufficient documentation for third party review and prepares files for timely audits. </li><li>Work closely with internal teams such as project management, asset management, legal, and compliance as well as external stakeholders.</li><li>Reviews loan documents and ensures alignment of documentation with loan booking systems. </li></ul>Basic Qualifications <ul><li>Bachelor’s degree, or equivalent work experience</li><li>Typically five to seven years of experience in commercial real estate loan administration </li></ul>Preferred Skills/Experience <ul><li>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</li><li>Demonstrated ability to close commercial real estate loans and manage a commercial real estate loan portfolio</li><li>Thorough knowledge of commercial real estate finance, law, documentation, accounting and data systems</li><li>Ability to meet the requirements to be commissioned as a Notary Public </li></ul>Tag: INDMO <ul><li>This role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. </li></ul>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 (some may vary based on role, location or hours): <ul><li>Healthcare (medical, dental, vision)</li><li>Basic term and optional term life insurance</li><li>Short-term and long-term disability</li><li>Pregnancy disability and parental leave</li><li>401(k) and employer-funded retirement plan</li><li>Paid vacation (from two to five weeks depending on salary grade and tenure)</li><li>Up to 11 paid holiday opportunities</li><li>Adoption assistance</li><li>Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law </li></ul>EEO is the Law U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster. 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: $73,610.00 - $86,600.00 - $95,260.00 Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.

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