Credit Products Construction Loan Monitoring Analyst - CBG Operations

New Yesterday

Responsibilities
Reviews construction contracts and other construction-related documents to ensurepliance with policy and identify any relevant or outstanding issues Reviews construction loan requirements in underwriter's approval with the field, to ensurepliance with policy Works in conjunction with the Credit Products and Fulfillment teams to obtain, review, and approve all required preliminary construction documentation prior to the loan closing Evaluates and approves draw requests, ensuring that all required documentation is submitted and acceptable, per Regions' construction loan policy and Real Estate Banking Advisor guidelines Assists with questions, and work with senior analysts regarding issues that arise in the field during construction; facilitating with Relationship Team, and Credit Products until resolved Creates and maintains sources and uses worksheet reflecting a balanced budget throughout the construction project; including hard and cost soft costs, budget reallocations, and change orders Reconciles contractor draw requests in conjunction with available loan funds Partners with other lenders, in agent, and not agent projects Assigns and manage approved 3rd party construction consulting inspection firms Maintains relationships with third party partners, such as title contacts and inspectors, throughout project;plete scorecards as needed post projectpletion Secures all required final constructionpletion documents at projectpletion, and verify that there are no outstanding issues Partners with one (1) or more of the following segments: Real Estate Banking, Real Estate Corporate Banking, Regions Equipment Finance, Specialized & Diversified Industries,mercial Banking Credit Services, Capital Markets, and Problem Asset Management
Requirements Bachelor's degree OR High School Diploma or GED with three (3) years previous real estate underwriting, construction loan disbursement, paralending, or relatedmercial banking experience
Skills andpetencies Demonstrates strong interpersonal, verbal, and writtenmunication skills Highly organized, detail-oriented, with ability to manage multiple projects under sensitive time constraints Strong analytical and problem solving skills Excellent time management Strong Microsoft Excel skills
This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
Position Type Full time
Pay ranges are job specific and are provided as a point-of-market reference forpensation 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: $44, USD Median: $57, USD Incentive Pay Plans: This job is not incentive eligible.
Benefits Information
Regions offers a benefits package that is flexible,prehensive 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 aplete summary of plan terms and conditions. Paid Vacation/Sick Time 401K withpany Match Medical, Dental and Vision Benefits Disability Benefits Health Savings Account Flexible Spending Account Life Insurance Parental Leave Employee Assistance Program Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.
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Location Details Riverchaseplex North Building
Location: Hoover, Alabama
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of thepany. Job ID R93661
Location:
Birmingham
Job Type:
FullTime

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