Commercial Real Estate Closing Specialist
About The Position
At Regions, the Credit Products Corporate Loan Fulfillment Specialist orchestrates the closing process for members of the Relationship Team and vendors associated with each loan. The role assists with completing, collecting, and analyzing documents necessary to extend credit, booking loans, resolving post-closing documentation exceptions, and interacting with borrowers, outside counsel, bank associates, and third parties. The position supports commercial loan products and may partner with Real Estate Banking, Regions Equipment Finance, Specialized and Diversified Industries, and Problem Asset Management. It supports these segments through timely loan booking, accurate disbursement of proceeds in accordance with approvals, and preparation and packaging of loan documentation. The role may also assist with training team members in loan documentation and compliance.
Requirements
- High school diploma or GED.
- Six years of related financial services industry 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.
- Ability to provide excellent customer service.
- Knowledge of commercial credit and regulatory requirements, including Bank Secrecy Act/Anti-Money Laundering, Beneficial Ownership, Office of Foreign Assets Control, and flood regulations, as well as documentation policies.
- Strong interpersonal, verbal, and written communication skills.
- Excellent time management skills.
- Highly organized, detail-oriented, and able to manage multiple projects under time constraints.
- Responds with a sense of urgency.
- Strong analytical and problem-solving skills.
Nice To Haves
- Bachelor’s degree.
- Previous Commercial Banking and/or Commercial Equipment Leasing experience.
Responsibilities
- Draft and review loan documentation for high-complexity commercial loans in a multi-state environment.
- Engage with the deal team to forecast loan pipeline activity and provide due diligence requirements as loans are assigned.
- Review attorney-prepared loan packages for syndicated loans, often with Regions serving as the agent bank.
- Obtain the documents necessary to evidence debt and secure loans.
- Ensure loans are closed in accordance with loan approvals and that supporting documentation conforms to approvals and policy.
- Identify and remediate potential documentation, policy, or regulatory issues before closing.
- Communicate frequently with business partners throughout the closing process.
- Comply with departmental performance-level metrics and contribute to plans to mitigate risks.
- Understand client needs and identify opportunities to improve service and resolve client service issues related to commercial credit.
- Provide client service and problem-solving support for loan products.
- Address loan setup issues promptly to ensure system data integrity.
- Support timely loan booking, accurate disbursement of loan proceeds in accordance with approvals, and preparation and packaging of loan documentation for supported business segments.
- May assist with training team members in loan documentation and compliance.
Benefits
- Paid vacation and sick time
- 401K 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
