Real estate associate serp_jobs.h1.location_city

Credit Products Real Estate Associate

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

Skills and Competencies

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 : $76,557.80 USD

Median : $97,410.00 USD

Incentive Pay Plans : This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.

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 Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.

Location Details

Location : Birmingham, Alabama

Equal Opportunity Employer / including Disabled / Veterans