US Bank

CRE REIT Loan Administrator

West Saint Paul, MN Full time

 

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

The Commercial Real Estate (CRE) Loan Administrator is responsible for managing a portfolio of complex commercial real estate loans from origination through payoff or maturity. This role ensures the bank’s interests are protected by reviewing and negotiating loan documentation, overseeing due diligence, and coordinating all aspects of the closing and post-closing process. The position requires strong collaboration with Relationship Managers, customers, attorneys, construction consultants, title companies, and internal partners across multiple markets.

Key Responsibilities

  • Loan Documentation & Negotiation:

    • Review and negotiate commercial real estate loan documents, including credit agreements, letters of credit, and syndicated transaction documents.

    • Ensure compliance with regulatory requirements and internal policies.

  • Loan Origination & Closing:

    • Manage the end-to-end process from loan approval to closing and payoff.

    • Conduct thorough due diligence, including review of appraisals, environmental reports, and other supporting documentation.

    • Prepare and review closing statements, settlement details, and fee processing.

    • Coordinate with agent banks and deal teams for syndicated transactions.

  • Portfolio Management:

    • Monitor covenant compliance, performance pricing, and financial tracking throughout the life of the loan.

    • Address audit requests and resolve collateral exceptions post-closing.

    • Submit final executed documentation to collateral and operations teams for funding and boarding.

  • Stakeholder Collaboration:

    • Serve as primary liaison with Relationship Managers, legal counsel, title companies, and construction consultants.

    • Partner with loan capital markets and specialty underwriting teams across East and West markets.

  • Systems & Reporting:

    • Utilize systems such as LIQ, Hogan, Encino, and AFS for loan administration and reporting.

    • Maintain accurate records and ensure timely updates for internal audits and compliance reviews.

The 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 at one of the posted locations.

Basic Qualifications
- Bachelor’s degree, or equivalent work experience
- Must meet the requirements to be commissioned as a Notary Public
- Five to seven or more years experience in CRE loan administration

Preferred Skills/Experience
- Advanced level of knowledge in all areas of Commercial Real Estate (CRE) lending including, but not limited to, letters of credit, tax credit transactions, borrowing base lending, multi-phased construction and transactions secured by multiple collateral properties
- Strong technical expertise in the closing and loan management functions
- Demonstrated ability to close complex CRE loans and manage a CRE loan portfolio
- Thorough knowledge of CRE finance, law, documentation, accounting, and data systems

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):

  • 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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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: $81,515.00 - $95,900.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.