Corporate Loan Collateral Perfection 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 Perfection Specialist is responsible for perfecting commercial and corporate loans. The primary function is to protect the Bank’s collateral interest and ensure we are following the Bank’s policy, state regulations, compliance, and/or third-party vendors.

Primary Responsibilities

• Reviews all perfection documentation completed at closing

• Ensures collateral is completed via iWAVE Workflow and tangible documents per the Bank’s policy, state regulations, compliance, and/or third-party vendors

• Completes a detail document review of perfection documents via iWAVE Workflow and tangible original for perfection purposes

• Performs extensive research of exceptions issued that impact perfecting collateral

• Works with loan officers, closing agents and field personnel to determine what documents are needed to secure the loan to close the exception

• Utilizes all vendors and government agency websites to track documents to determine why the collateral has not been recorded and filed

• Responds to emails, phone calls and voice mails from branches, loan officers, paralenders and third-party vendors

• Provides clear and concise written communication on missing or incorrect document exceptions

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

Requirements

• High School Diploma or GED

Skills and Competencies

• Knowledgeable of loan operations activities

• Works under limited to moderate supervision

• Ten (10)  key skills

• Basic knowledge of loan documentation

• Knowledge of AFS/LIII, ACAPS/ACLS, CCNET, VRC, Dealertrack and Diligenz preferred

• Excellent written and verbal communication skills

• Detail oriented

• Ability to work in a deadline oriented environment

Position will be required to be onsite out of Hoover, AL. Onsite requirements will be decided on based on the needs of the business.

Preferred Skills:

• High Attention to Detail
• Microsoft Suite- Specifically Excel and CoPilot
• Basic Computer Skills
• Verbal and Written Communication

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.

Job Range Target:

Minimum:

$43,500.00 USD

Median:

$52,540.00 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 Reg