Jobs · Finance · California

Senior SBA Loan Closer

U.S. Bank · Los Angeles, CA · 3 wk ago
Finance$76k–$89k/yrFull-time

Responsibilities

  • Review and negotiate CRE loan documents
  • Protect the bank’s interest
  • Manage a loan portfolio from approval to pay-off/maturity
  • Close construction and term loans
  • Manage unsecured and secured borrowing base lines of credit, subscription lines, and various other complex loan products
  • Partner with Relationship Managers as primary liaison with customers, attorneys, construction consultants, and title company representatives

Requirements

  • Bachelor’s degree, or equivalent work experience
  • Five to seven years of experience in commercial real estate loan administration
  • 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
  • Demonstrated ability to close commercial real estate loans and manage a commercial real estate loan portfolio
  • Thorough knowledge of commercial real estate finance, law, documentation, accounting, and data systems
  • Ability to meet the requirements to be commissioned as a Notary Public

Qualifications

  • Thorough knowledge of commercial real estate lending
  • Strong negotiation and communication skills
  • Ability to manage multiple projects simultaneously
  • Proficiency in Microsoft Office Suite

Skills

  • Commercial real estate finance
  • Construction and term loans
  • Letters of credit
  • Tax credit transactions
  • Borrowing base lending
  • Multi-phased construction
  • Complex loan products

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
  • 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

$75,820.00 - $89,200.00

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