Commercial Real Estate (CRE) Loan Processor
U.S. Bank
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.
Job Description
The Commercial Real Estate (CRE) Loan Processor is responsible for requesting credit file documentation, ordering third party reports, reviewing documentation and loan structure, submitting the file for KYC, complex CRE loan transactions, while safeguarding the Bank’s interests and delivering a high level of customer service. This role manages a loan portfolio from Letter of Interest returned through loan funding and serves as a key member of the Deal Team, partnering closely with Commercial Loan Officers and internal stakeholders throughout the origination lifecycle.
The CRE Loan Processor plays a critical role in ensuring a complete package is collection for credit decisioning, policy compliance, and timely execution across all stages of the transaction.
Primary Responsibilities
- Independently create and manage comprehensive Needs Lists based on loan structure, collateral type, and transaction complexity.
- Serve as the primary point of contact for borrowers, brokers, and internal partners on behalf of Commercial Loan Officers throughout the origination process.
- Collect and review Know Your Customer (KYC) documentation in accordance with Bank policy.
- Order, track, and manage all required third‑party reports, including but not limited to appraisals, environmental, seismic, and credit reports.
- Review incoming documentation for completeness, accuracy, and policy compliance; follow up with appropriate parties to resolve deficiencies.
- Coordinate with Commercial Loan Officers, Underwriters, Credit, Legal, Title/Escrow, and other internal stakeholders to support timely credit submission and approval.
- Maintain accurate, complete, and current loan documentation within designated loan origination systems and document repositories.
- Monitor pipeline activity and proactively communicate status updates, outstanding items, risks, and issues.
- Ensure adherence to applicable regulatory requirements, internal controls, and audit standards throughout the loan processing lifecycle.
- Support additional origination‑related tasks and projects as assigned.
- Demonstrate the ability to incorporate AI and technology solutions to enhance efficiency, accuracy, and process effectiveness.
- Assist Senior Loan Processors with tasks as needed.
- Bachelor’s degree, or equivalent relevant work experience.
- Must meet the requirements to be commissioned as a Notary Public.
Preferred Skills/Experience
- Commercial Real Estate loan administration experience or transferable experience in commercial loan administration.
- Advanced knowledge of Commercial Real Estate lending, including but not limited to:
- Letters of credit
- Tax credit transactions
- Borrowing base lending
- Transactions secured by multiple collateral properties
- Strong technical expertise in loan closing and loan portfolio management functions.
- Demonstrated ability to originate complex CRE transactions.
- Thorough understanding of CRE finance, legal documentation, accounting principles, and loan data systems.
- Strong organizational, communication, and relationship‑management skills, with the ability to manage multiple priorities in a deadline‑driven environment.
- Strong ability to quickly learn, adopt, and apply advanced technology tools and systems.
- Proficiency in Microsoft Office Suite, including Teams and Outlook, Power BI.
Location expectations
This role requires working from a U.S. Bank location three (3) or more days per week.
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
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.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.
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: $25.77 - $34.33U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
