Job DescriptionU.S. Bancorp Impact Finance is hiring for a Loan Administrator to support the Infrastructure Finance portfolio. Responsible for reviewing and negotiating loan documents for large, commercial, utility-scale loans. Responsible for protecting the bank's interest, and providing management of a loan portfolio from the time the loans are approved until pay-off or maturity. In addition to construction and term loans, a typical loan portfolio may include unsecured and secured borrowing base lines of credit, subscription lines, and various other complex loan products. Partners with Relationship Managers as primary liaison with customers, attorneys, construction consultants and title company representatives, during all phases of financing and closing.
Primary Responsibilities- Responsible for managing due diligence and administrative management of loans specifically targeted towards renewable energy and infrastructure projects.
- Provides administrative management of a portfolio of assigned Project Finance construction, term loans, and Letters of Credit in accordance with credit policy requirements for risk management.
- Ensures all closing conditions are met and loans are closed and funded within time frames consistent with excellent customer service.
- Maintains files with sufficient documentation for third party review and prepares files for timely audits.
- Work closely with internal teams such as project management, asset management, legal, and compliance as well as external stakeholders.
- Reviews loan documents and ensures alignment of documentation with loan booking systems.
Basic Qualifications- Bachelor's degree, or equivalent work experience
- Typically five to seven years of experience in commercial real estate or project finance loan administration
Preferred Skills/Experience- Experience negotiating loan documents, reviewing and negotiating rates and terms for unique/specialized commercial loans
- Thorough knowledge of commercial real estate or project finance 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 or project finance loans and manage a project finance loan portfolio
- Thorough knowledge of commercial real estate finance or project finance, law, documentation, accounting and data systems
- Ability to meet the requirements to be commissioned as a Notary Public
- Ability to take initiative and work through ambiguous situations while remaining solution oriented
Location Expectations The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
Benefits:Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
- 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
Review our full benefits available by employment status here.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $75,820.00 - $89,200.00
Posting may be closed earlier due to high volume of applicants. 
