Full 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.
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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. Elevates 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, completes ongoing construction monitoring and maintenance activities in partnership with Fulfilment.
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.
Partners with Credit Products Specialists on loans with elevated risks identified during the servicing process to determine action plan for resolution.
Identifies opportunities for exposure reduction or new opportunities within assigned portfolio in collaboration with the Credit Products Specialist and Coverage Banker.
Prepare loan renewal credit packages, end to end. Partner with Credit Products Specialist, Coverage and Credit Risk to determine renewal terms and actively partners throughout the loan closing process.
Confirms Risk Rating methodology correctly followed and confirms recommended overrides or risk -level adjustments are supported and correctly documented.
If designated by the Team Lead, oversees all Credit Servicing activities of the regional portfolio to ensure servicing requirements are satisfied on a quarterly basis.
Partners with Credit Products Specialist in pre-screen or preparation of CAP for new loans. Includes preparation of risk rating, analysis of actual and/ or proforma financial projections to market comps and underwriting guidelines as well as identification of risk factors that could negatively impact the Borrower’s ability to repay the loan.
Partners with Credit Products Specialist to determine loan structure and covenant package for the project, borrower or guarantor that meet needs of client while providing appropriate structure to maintain acceptable risk level for the Bank.
Reviews closing due diligence in partnership with the Credit Products Specialist.
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
Four (4) 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 models
Skills and Competencies
Strong verbal and written communication skills
Well organized, detail-oriented, with ability to multi-task
Demonstrated analytical and problem-solving skills
Ability to mentor new analyst and associates on the job around the primary and secondary Associate I responsibilities
Ability to review work performed by Associate I to confirm accuracy and positively coach where necessary
Ability to draw conclusions and see bigger trends, or early warning indicators at deal and portfolio level for future discussion with deal team and leadership
Ability to identify and comfortably communicate issues
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
Position Type Full time
Benefits Information
Regions 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 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 Downtown Tampa
Location: Tampa, Florida
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
