Credit Products Corporate Loan Fulfillment Specialist

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description

At Regions, the Corporate Loan Fulfillment Specialist will orchestrate the closing process for all members of the Relationship Team and vendors associated with each loan. The closing process entails providing assistance by completing, collecting, and analyzing documents necessary for the extension of credit, booking the loan, resolving documentation exceptions post-closing, and interacting with borrowers, outside counsel, bank associates, and a variety of third parties.

Primary Responsibilities

Drafts and reviews loan documentation for high complexity commercial loans in a multi-state environmentEngages with the deal team on forecasting loan pipeline activity and provides due diligence requirements as loans are assignedReviews attorney prepared loan packages for syndicated loans, often with Regions serving as the agent bankUnderstands the risks associated with closing various types of commercial loansObtains the necessary documents to evidence the debt and secure the loanEnsures the loan is closed per loan approval and that supporting documentation conforms to loan approval and policyIdentifies potential issues related to documentation, policy or regulatory requirement and remediates prior to closingCommunicates frequently with business partners throughout the closing processComplies with departmental performance level metricsContributes to the formulation of plans to mitigate risksUnderstands the client’s needs and identifies opportunities to improve and resolve client service issues related to the extension of commercial creditServes in a problem-solving capacity by providing client service for loan productsAddresses loan setup issues promptly to ensure system data integrityPartners with one (1) or more of the following segments: Real Estate Banking (includes Home Builder Finance, Income Property Finance, Affordable Housing, Real Estate Corporate Banking), Regions Equipment Finance, Specialized & Diversified Industries, and Problem Asset ManagementSupport in Real Estate Banking, Regions Equipment Finance, Specialized & Diversified Industries, and Problem Asset Management includes ensuring loans are booked timely, disbursing loan proceeds in accordance with loan approval and packaging loan documentsMay assist with the training of team members in areas such as loan documentation and compliance

This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

High School Diploma or GEDSix (6) years of related financial services industry experienceAdvanced knowledge of insurance requirements and other property due diligence necessary for real estate transactionsAdvanced knowledge of syndicated transaction and the ability to collaborate with Capital Markets and other lenders for agent and non-agent deals

Preferences

Bachelor’s degreePrevious Commercial Banking and/or Commercial Equipment Leasing Experience

Skills And Competencies

Ability to provide excellent customer serviceDemonstrates knowledge of commercial credit, regulatory (including Bank Secrecy Act - Anti Money Laundering Software (BSA/AML), Beneficial Ownership, Office of Foreign Assets Control (OFAC), Flood Regulations) and documentation policiesDemonstrates strong interpersonal, verbal and written communication skillsExcellent time managementHighly organized, detail-oriented, and able to manage multiple projects under time constraints Responds with a sense of urgencyStrong analytical and problem-solving skills

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Minimum

Job Range Target

$48,710.00 USD

Median

$62,220.00 USD

Incentive Pay Plans

This job is not incentive eligible.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

Paid Vacation/Sick Time401K with Company MatchMedical, Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/welcometour/benefits.rf

Location Details

Riverchase Complex North Building

Location

Hoover, Alabama

Bring Your Whole Self to Work

We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.

OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.