Corporate Loan Collateral Perfection Specialist

Regions Bank • Birmingham, AL

3d • Onsite

About The Position

At Regions, the Corporate Loan Perfection Specialist is responsible for perfecting commercial and corporate loans. The primary function is to protect the Bank’s collateral interest and ensure we are following the Bank’s policy, state regulations, compliance, and/or third-party vendors.

Requirements

• High School Diploma or GED
• Knowledgeable of loan operations activities
• Works under limited to moderate supervision
• Ten (10) key skills
• Basic knowledge of loan documentation
• Knowledge of AFS/LIII, ACAPS/ACLS, CCNET, VRC, Dealertrack and Diligenz preferred
• Excellent written and verbal communication skills
• Detail oriented
• Ability to work in a deadline oriented environment

Nice To Haves

• High Attention to Detail
• Microsoft Suite- Specifically Excel and CoPilot
• Basic Computer Skills
• Verbal and Written Communication

Responsibilities

• Reviews all perfection documentation completed at closing
• Ensures collateral is completed via iWAVE Workflow and tangible documents per the Bank’s policy, state regulations, compliance, and/or third-party vendors
• Completes a detail document review of perfection documents via iWAVE Workflow and tangible original for perfection purposes
• Performs extensive research of exceptions issued that impact perfecting collateral
• Works with loan officers, closing agents and field personnel to determine what documents are needed to secure the loan to close the exception
• Utilizes all vendors and government agency websites to track documents to determine why the collateral has not been recorded and filed
• Responds to emails, phone calls and voice mails from branches, loan officers, paralenders and third-party vendors
• Provides clear and concise written communication on missing or incorrect document exceptions
• This position requires the tracking of time for hours worked in excess of 40 per week and is eligible for overtime under the Fair Labor Standards Act.

Benefits

• Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates.
• Paid Vacation/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
• Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees