Commercial Real Estate Loan Administrator

About the role

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.

The Commercial Real Estate (CRE) Loan Administrator is responsible for managing a portfolio of secured commercial real estate loans across the full loan lifecycle—from origination and closing through servicing, post‑closing, and payoff. This role supports the housing capital side of CRE lending and operates in a fast‑paced, relationship‑driven environment where each administrator owns a dedicated loan portfolio rather than discrete tasks. The position partners closely with Relationship Managers, Underwriters, Legal, Collateral, Accounting, and Operations teams to ensure loan structures are executed accurately, risks are mitigated, and the bank's interests are protected throughout the life of each loan.

Responsibilities

• Loan Documentation, Due Diligence & Negotiation: Review, negotiate, and interpret complex CRE loan documentation, including credit agreements, letters of credit, syndicated loan documents, and construction‑related agreements. Ensure loan documentation and deal structures comply with internal credit policies and regulatory requirements.
• Loan Origination, Closing & Post‑Closing: Manage the end‑to‑end loan process from approval through closing, servicing, and payoff or maturity. Oversee extensive post‑closing activities, including collateral tracking, resolution of exceptions, and confirmation that all conditions precedent are met prior to funding and boarding.
• Portfolio & Performance Management: Own ongoing servicing for assigned loan portfolios, including construction loans, A&D loans, revolvers, and borrowing base facilities. Monitor covenant compliance, performance pricing, borrowing base activity, and financial reporting throughout the life of the loan. Respond to audit requests and work with internal partners to resolve issues as they arise.
• Stakeholder Collaboration & Risk Management: Serve as a primary point of contact for Relationship Managers, Legal, Loan Capital Markets, internal operations, accounting, and collateral teams. Maintain strong deal team relationships while balancing risk management, documentation accuracy, and deadline adherence.

Requirements

• 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

Qualifications

• Advanced level of knowledge in all areas of Commercial Real Estate (CRE) lending including, but not limited to, letters of credit, 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

Schedule

This role requires working from a U.S. Bank location three (3) or more days per week.

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

Pay

Pay Range: $75,820.00 - $89,200.00