Credit Products Commercial Loan Fulfillment Specialist

Regions Bank•Hoover, AL

1d•$43,500 - $52,540•Onsite

About The Position

At Regions, the Credit Products Commercial Loan Fulfillment Specialist orchestrates the closing process for Relationship Team members and vendors associated with each loan. The role assists with 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 one or more business segments, including Commercial Banking, Branch Small Business, Private Wealth, Real Estate Banking, Regions Equipment Finance, Specialized and Diversified Industries, and Problem Asset Management. Support may include timely loan booking, accurate disbursement of proceeds according to approvals, and preparing and packaging loan documentation. The position 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.
Two years of related banking experience.
Ability to provide excellent customer service.
Knowledge of commercial credit, regulatory requirements and documentation policies, including BSA/AML, Beneficial Ownership, OFAC, and Flood Regulations.
Strong interpersonal, verbal, and written communication skills.
Excellent time management.
Highly organized and detail-oriented, with the ability to manage multiple projects under time constraints.
Ability to respond with a sense of urgency.
Strong analytical and problem-solving skills.

Nice To Haves

General knowledge of insurance requirements and other property due diligence necessary for real estate transactions.
General knowledge of syndicated transactions and ability to collaborate with Capital Markets and other lenders on agent and non-agent deals when supporting the specified business segments.

Responsibilities

Draft and review loan documentation for commercial-purpose loans, ranging from simple to high-volume or high-complexity matters, in a multi-state environment.
Understand risks associated with closing different types of commercial loans.
Obtain documents needed to evidence debt and secure loans.
Ensure loans close according to approvals and that supporting documents conform 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.
Contribute to plans for mitigating risks.
Understand client needs and identify opportunities to improve service and resolve client service issues related to commercial credit.
Provide problem-solving and client service for loan products.
Address loan setup issues promptly to maintain system data integrity.
Partner with one or more designated business segments.
Support designated segments through timely loan booking, accurate disbursement of proceeds in accordance with approvals, and preparation and packaging of loan documentation.