U.S. Bank CRE Loan Administration Manager - Open on Western U.S. Location in Sacramento, California
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. 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.
Job DescriptionProvides direction and leadership for a team of Closing Managers, whose responsibilities include reviewing and/or negotiating Commercial Real Estate (CRE) construction, REIT and term loan documents, perfecting the bank's interest, and providing administrative management of loan portfolios from the time the loans are approved until pay-off or maturity. The members of the team/group work on a variety of other complex specialized lending products including: non-recourse loans, unsecured borrowing base lines of credit, syndicated transactions and subscription lines. Directly and through staff, strategically manages and coordinates the CRE Loan Administration lending and portfolio management activities for assigned area/region, by successfully closing new business relationships and retaining and expanding relationships with existing customers. The Loan Administration Team is integral to the Deal Team for every relationship, together with Relationship Managers and Underwriting staff. Takes a leadership role in all aspects of ensuring prudent risk management from the time of term sheet execution through loan closing, due diligence review, while collaborating with other Deal Team members, and negotiating with outside counsel. Provides quality service to customers with effective partnership with internal operations which supports all assigned internal and external customers.Basic Qualifications - Bachelor's degree, or equivalent work experience - Seven to nine years of experience in commercial real estate loan administration or related field, including management experience
Preferred Skills/Experience - Thorough knowledge of all operational systems/procedures and Commercial Real Estate (CRE) products and various other products and/or services supported by the CRE Administrators and other CRE staff - Strong organizational, managerial and project management skills - Thorough knowledge of credit policies, procedures and terminology, and regulations - Strong analytical and problem-solving skills - Thorough knowledge of real estate lending including letters of credit, borrower based lending, multi-phased construction and multiple collateral properties - Well-developed technical expertise in closing and administration functions - Thorough knowledge of commercial real estate finance, law, documentation, accounting, processes/procedures, operational risk management and data systems - Well-developed customer relations skills - Excellent verbal and written communications skills - Ability to manage multiple tasks - Experience managing people in a commercial credit environment Benefits: Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.
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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.