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