Credit Products Commercial Loan Fulfillment Specialist- CBG Operations
Regions Bank, Birmingham, AL, United States
Job Description
The Credit Products Commercial Loan Fulfillment Specialist 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
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
Identify 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 integrity
Partners with one or more of the following segments: Commercial Banking, Branch Small Business, Private Wealth, Real Estate Banking, Regions Equipment Finance, Specialized & Diversified Industries, and Problem Asset Management
Supports in Real Estate Banking, Regions Equipment Finance, Specialized & Diversified Industries, and Problem Asset Management includes ensuring loans are booked timely, disbursing loan proceeds in accordance with loan approval and packaging loan documents
May assist with the training of team members in areas related to loan documentation and compliance
Requirements
High School Diploma or GED
Six (6) years of related banking experience
Advanced knowledge of insurance requirements and other property due diligence necessary for real estate transactions
Advanced knowledge of syndicated transactions 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
Preferences
Bachelor’s degree
Previous Commercial Banking and/or Commercial Equipment Leasing Experience
Skills and Competencies
Ability to provide excellent customer service
Demonstrates knowledge of commercial credit, regulatory (including Bank Secrecy Act – Anti Money Laundering Software (BSA/AML), Beneficial Ownership, Office of Foreign Assets Control (OFAC), Flood Regulations) and documentation policies
Demonstrates strong interpersonal, verbal and written communication skills
Excellent time management
Highly organized, detail‑oriented, and is able to manage multiple projects under time constraints
Responds with a sense of urgency
Strong analytical and problem‑solving skills
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.
Target information based on the Metropolitan Statistical Area Market Range:
Minimum: $50,500.00 USD
Median: $63,650.00 USD
This job is not incentive eligible.
Benefits Information
Paid Vacation/Sick Time
401(k) 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
Location Details Riverchase Complex North Building, Hoover, Alabama
Equal Opportunity Employer Equal Opportunity Employer/including Disabled/Veterans
#J-18808-Ljbffr
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
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
Identify 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 integrity
Partners with one or more of the following segments: Commercial Banking, Branch Small Business, Private Wealth, Real Estate Banking, Regions Equipment Finance, Specialized & Diversified Industries, and Problem Asset Management
Supports in Real Estate Banking, Regions Equipment Finance, Specialized & Diversified Industries, and Problem Asset Management includes ensuring loans are booked timely, disbursing loan proceeds in accordance with loan approval and packaging loan documents
May assist with the training of team members in areas related to loan documentation and compliance
Requirements
High School Diploma or GED
Six (6) years of related banking experience
Advanced knowledge of insurance requirements and other property due diligence necessary for real estate transactions
Advanced knowledge of syndicated transactions 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
Preferences
Bachelor’s degree
Previous Commercial Banking and/or Commercial Equipment Leasing Experience
Skills and Competencies
Ability to provide excellent customer service
Demonstrates knowledge of commercial credit, regulatory (including Bank Secrecy Act – Anti Money Laundering Software (BSA/AML), Beneficial Ownership, Office of Foreign Assets Control (OFAC), Flood Regulations) and documentation policies
Demonstrates strong interpersonal, verbal and written communication skills
Excellent time management
Highly organized, detail‑oriented, and is able to manage multiple projects under time constraints
Responds with a sense of urgency
Strong analytical and problem‑solving skills
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.
Target information based on the Metropolitan Statistical Area Market Range:
Minimum: $50,500.00 USD
Median: $63,650.00 USD
This job is not incentive eligible.
Benefits Information
Paid Vacation/Sick Time
401(k) 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
Location Details Riverchase Complex North Building, Hoover, Alabama
Equal Opportunity Employer Equal Opportunity Employer/including Disabled/Veterans
#J-18808-Ljbffr