Credit Products Real Estate Associate

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. 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 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
• 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

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 l