Commercial Real Estate Admin
Location: Sioux Falls, South Dakota
Description: U.S. Bank is currently interviewing Commercial Real Estate Admin right now, this vacancy will be assigned in South Dakota. For complete informations about this vacancy opportunity kindly see the descriptions. Provides administrative management of a portfolio of assigned Commercial Real Estate construction and term loans in accordance with credit policy requirements for risk managem! ent. Monitors and collects all required due diligence items. Works in partnership with Relationship Managers as primary liaison with customers, attorneys, inspectors and title company representatives, during all phases of financing. Works in partnership to review and analyze land surveys, environmental assessments, and to ensure that all construction loans are closed per the Construction Disbursement Guidelines. Ensures all closing conditions are met and loans are closed within time frames consistent with good customer service. Analyzes title insurance commitment reports including title exceptions, and prepares title/escrow instructions. Reviews insurance certificates to ensure compliance with bank requirements. Maintains files with sufficient documentation for third-party review and prepares files for timely audits. Must meet the requirements to be commissioned as a Notary Public.
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Qualifications
Basic Qualifications
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- High school diploma or equivalent
- Two to thr! ee years of experience in commercial real estate loan administration, OR
- Minimum five years of transferable experience in commercial 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
- Strong technical expertise in closing and administration functions
- Demonstrated ability to close commercial real estate loans and administer a commercial real estate loan portfolio
- Basic knowledge of commercial real estate finance, law, documentation, accounting and data systems
- Bachelor's degree preferred
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If you were eligible to this vacancy, please email us your resume, with salary requirements and a resume to U.S. Bank.
Interested on this vacancy, just click on the Apply button, you will be redirected to the official website
This vacancy will be started on: Wed, 22 May 2013 23:08:52 GMT
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