Credit Products Real Estate Associate
Company: Regions Bank
Location: Charlotte
Posted on: January 26, 2023
Job Description:
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.Regions is dedicated to taking appropriate steps to
safeguard and protect private and personally identifiable
information you submit. The information that you submit will be
collected and reviewed by associates, consultants, and vendors of
Regions in order to evaluate your qualifications and experience for
job opportunities and will not be used for marketing purposes,
sold, or shared outside of Regions unless required by law. Such
information will be stored in accordance with regulatory
requirements and in conjunction with Regions' Retention Schedule
for a minimum of three years. You may review, modify, or update
your information by visiting and logging into the careers section
of the system.Job Description:At Regions, the Credit Products Real
Estate Associate supports Credit Products Real Estate Managers in
identifying and mitigating risks in existing and proposed credit
products. As a member of the First Line of Defense, the individual
will analyze new real estate banking credit opportunities,
underwrite new or renewed credit exposure and manage a portfolio of
loans and other credit relationships in conjunction with a Credit
Products Manager.Primary Responsibilities
- Collects, reviews and documents receipt of financial
statements, covenant compliance, and additional segment specific
deliverables. Ensures credit files are complete and current.
- Manages covenant requirements and risk rating benchmarking
activities.
- Prepares credit servicing documents to include the requisite
comparative analysis and identification of negative or positive
trends. Findings should be documented and discussed to determine if
any additional actions should be taken including identification of
needs-based opportunities to present to client.
- Validates the risk rating remains acceptable and proactively
identifies risk rating changes with oversight from CPA II and in
partnership with Coverage and Credit Risk partners.
- Prepares and documents guarantor financial analysis in renewal
or credit servicing documents. Elevate findings to the Credit
Products Specialist for further review for potential increased
risk. Identify opportunity for additional services or products that
may meet client needs.
- For construction or development loans, ongoing construction
monitoring and maintenance activities in partnership with
Fulfillment.
- Reviews MIS coding accuracy during the ordinary course of
credit servicing.
- Mentors and partners with other associates in their preparation
of servicing documents.
- Maintains sole responsibility for a portfolio of real estate
loans, which will consist of higher complexity loans and Regions360
relationships.This position is exempt from timekeeping requirements
under the Fair Labor Standards Act and is not eligible for overtime
pay.This position is incentive eligible.Requirements
- Bachelor's degree, preferably in Business Administration, Real
Estate, Accounting, or Finance
- Two (2) years of real estate underwriting or financial services
analysis or accounting experience
- Completion of a corporate credit training program (or
equivalent corporate banking/finance or real estate
experience)
- Working knowledge of internal bank commercial and real estate
loan policy, real estate advisory documents, credit risk management
policy, compliance requirements, external regulatory
requirements
- Working knowledge of spreading and modeling tools used in loan
sizing, underwriting, risk rating, and RAROC modelsSkills and
Competencies
- Strong verbal and written communication skills
- Well organized, detail-oriented, with ability to
multi-task
- Demonstrated analytical and problem-solving skills
- Recognized for quality of analysis and competency in completion
and oversight of client portfolio management activities
- Displays ability to identify and voice issues; self-initiates
discussion
- Works collaboratively with multiple stakeholders*** This
position may be filled at a higher level depending on
qualifications and experiencePosition TypeFull timeBenefits
InformationRegions offers a benefits package that is flexible,
comprehensive and recognizes that "one size does not fit all" for
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 Time
- 401K with Company Match
- Medical, Dental and Vision Benefits
- Disability Benefits
- Health Savings Account
- Flexible Spending Account
- Life Insurance
- Parental Leave
- Employee Assistance Program
- Associate Volunteer ProgramPlease 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.Location
DetailsCharlotte UptownLocation:Charlotte, North CarolinaBring 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
Keywords: Regions Bank, Charlotte , Credit Products Real Estate Associate, Other , Charlotte, North Carolina
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