CRE Construction Loan Administrator

Are you passionate about real estate development and construction projects? Do you have experience in loan administration and a strong understanding of commercial real estate lending? If so, we have an exciting opportunity for you as a CRE Construction Loan Administrator at U.S. Bank Corp! In this role, you will play a pivotal role in supporting our lending team by managing the day-to-day operations of construction loans and ensuring compliance with regulations. We are looking for a detail-oriented and organized individual with excellent communication skills and a collaborative mindset. If this sounds like you, we would love to hear from you!

1. Manage day-to-day operations of construction loans: The CRE Construction Loan Administrator will be responsible for overseeing all aspects of construction loans, including disbursements, budgeting, and communication with borrowers and contractors.
2. Ensure compliance with regulations: This role requires a thorough understanding of commercial real estate lending regulations and the ability to ensure that all loans are in compliance.
3. Communicate with borrowers and contractors: The CRE Construction Loan Administrator will serve as the main point of contact for borrowers and contractors, providing updates, answering questions, and addressing any concerns.
4. Maintain accurate loan records: It is essential to maintain accurate and up-to-date loan records, including loan documents, disbursement requests, and budget updates.
5. Collaborate with lending team: As a crucial member of the lending team, the CRE Construction Loan Administrator will work closely with loan officers and underwriters to ensure a smooth and efficient loan process.
6. Monitor loan progress: The successful candidate will be responsible for monitoring the progress of construction projects and ensuring that all milestones are met before releasing loan funds.
7. Conduct loan reviews: The CRE Construction Loan Administrator will be responsible for conducting regular reviews of loan files to identify any potential issues or discrepancies.
8. Provide support to loan officers: This role will involve providing support to loan officers, including preparing reports, analyzing financial information, and assisting with loan closings.
9. Stay updated on industry trends: The CRE Construction Loan Administrator will stay updated on current industry trends, regulations, and best practices to ensure that loan processes are efficient and effective.
10. Uphold company values: Above all, the CRE Construction Loan Administrator will be responsible for upholding the values of U.S. Bank Corp, including integrity, collaboration, and a commitment to excellence.

According to JobzMall, the average salary range for a CRE Construction Loan Administrator in Washington, DC, USA is $70,000-$90,000 per year. This may vary based on factors such as experience, qualifications, and the specific company or organization. Additionally, benefits and bonuses may also be included in the overall compensation package.

U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, which is the 7th largest bank in the United States.