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