Commercial Loan Fulfillment Specialist - CBG Operations

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Job Description:

At Regions, the Commercial Loan Fulfillment Specialist - CBG Operations 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 ranging from simple to high volume or high complexity for commercial purpose loans in a multi-state environment
• Understands the risks associated with closing various types of commercial loans
• Supports and facilitates the loan closing process for highly complex loans including both bilateral and syndicated loans
• Obtains the necessary documents to evidence the debt and secure the loan
• Ensures the loan is closed per loan approval and that supporting documentation conforms to loan approval and policy
• Identifies potential issues related to documentation, policy, or regulatory requirement and remediate prior to closing
• Communicates frequently with business partners throughout the closing process
• Complies with departmental performance level metrics
• Contributes to the formulation of plans to mitigate risks
• Understands the client’s needs and identify opportunities to improve and resolve client service issues related to the extension of commercial credit
• Serves in a problem-solving capacity by providing client service for loan products
• Addresses loan setup issues promptly to ensure system data integrityPartners with one (1) or more of the following segments: Commercial Banking, Branch Small Business, Private Wealth, Real Estate Banking (includes Home Builder Finance, Income Property Finance, Affordable Housing, Real Estate Corporate Banking), Regions Equipment Finance, Specialized and Diversified Industries, and Problem Asset Management
• Supports Real Estate Banking, Regions Equipment Finance, Specialized and Diversified Industries, and Problem Asset Management includes ensuring loans are booked timely, disbursing loan proceeds in accordance with loan approval and packaging loan documents
• Assists periodically with the training of team members in areas but not limited to loan documentation and compliance

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

Requirements

• High School Diploma or GED
• Eight (8) years of related banking experience

Preferences

• Bachelor’s degree
• Extensive Commercial Banking and/or Commercial Equipment Leasing Experience
• Elevated knowledge of insurance requirements and other property due diligence necessary for real estate transactions
• Elevated knowledge of syndicated transaction and the ability to collaborate with Capital Markets and other lenders for agent and non-agent deals if supporting Real Estate Banking, Regions Equipment Finance, Specialized & Diversified Industries, and Problem Asset Management

Skills and Competencies

• Ability to provide excellent customer service
• Expresses strong interpersonal, verbal and written communication skills
• Highly organized, detail-oriented, and can manage multiple projects under time constraints    
• Illustrates e