Commercial Real Estate Closing Specialist

Regions Bank•Hoover, AL

6d•Onsite

About The Position

At Regions, the Credit Products Corporate Loan Fulfillment Specialist orchestrates the closing process for Relationship Team members and vendors associated with each loan. The work includes completing, collecting, and analyzing documents needed to extend credit; booking loans; resolving post-closing documentation exceptions; and interacting with borrowers, outside counsel, bank associates, and other third parties. The specialist supports commercial lending segments by preparing and packaging loan documentation, ensuring loans are closed in accordance with approvals and policy, and arranging timely booking and accurate disbursement of loan proceeds. The position also addresses loan setup and client-service issues, identifies and remediates documentation, policy, and regulatory concerns, and may assist with training team members. It requires tracking time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

High school diploma or GED.
Six years of related financial services industry experience.
Advanced knowledge of insurance requirements and other property due diligence needed for real estate transactions.
Advanced knowledge of syndicated transactions and ability to collaborate with Capital Markets and other lenders on agent and non-agent deals.
Ability to provide excellent customer service.
Knowledge of commercial credit, regulatory requirements—including BSA/AML, Beneficial Ownership, OFAC, and Flood Regulations—and 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.
Ability to respond 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 deal teams to forecast loan pipeline activity and provide due diligence requirements as loans are assigned.
Review attorney-prepared loan packages for syndicated loans, often when Regions serves as agent bank.
Obtain documents needed to evidence debt and secure loans.
Ensure loans close according to loan approval and supporting documentation conforms to approval 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.
Contribute to plans to mitigate risks.
Understand client needs and identify opportunities to improve or 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 assigned business segments through timely loan booking, accurate disbursement of proceeds in accordance with approvals, and preparation and packaging of loan documentation.
May assist in training team members in loan documentation and compliance.
Track time worked.