Credit Products Construction Loan Monitoring Analyst

Regions Bank•Atlanta, GA

1d•$65,805 - $78,760•Onsite

About The Position

The Credit Products Construction Loan Monitoring Analyst manages risk for commercial construction loan projects greater than $2 million across Regions Bank’s 16-state footprint. The role reviews construction contracts, loan requirements, draw requests, budgets, and completion documentation to ensure compliance with Regions’ construction loan policy and applicable guidelines. It works with Credit Products, Fulfillment, relationship teams, lenders, third-party consultants, and other business segments throughout the construction loan lifecycle.

Requirements

Bachelor’s degree, or a high school diploma or GED with three years of previous real estate underwriting, construction loan disbursement, paralending, or related commercial banking experience.
Strong interpersonal, verbal, and written communication skills.
Highly organized and detail-oriented, with the ability to manage multiple projects under sensitive time constraints.
Strong analytical and problem-solving skills.
Excellent time management.
Strong Microsoft Excel skills.

Responsibilities

Review construction contracts and related documents for policy compliance and outstanding issues.
Review construction loan requirements in the underwriter’s approval with the field to ensure policy compliance.
Work with Credit Products and Fulfillment to obtain, review, and approve required preliminary construction documentation before loan closing.
Evaluate and approve draw requests, ensuring required documentation is submitted and acceptable under Regions’ construction loan policy and Real Estate Banking Advisor guidelines.
Assist with field questions and construction issues, coordinating with senior analysts, the Relationship Team, and Credit Products until issues are resolved.
Create and maintain a sources-and-uses worksheet reflecting a balanced project budget, including hard and soft costs, budget reallocations, and change orders.
Reconcile contractor draw requests with available loan funds.
Partner with other lenders on agent and non-agent projects.
Assign and manage approved third-party construction consulting inspection firms.
Maintain relationships with third-party partners, including title contacts and inspectors, and complete scorecards as needed after project completion.
Secure required final construction completion documents and verify there are no outstanding issues at project completion.
Partner with one or more business segments, including Real Estate Banking, Real Estate Corporate Banking, Regions Equipment Finance, Specialized & Diversified Industries, Commercial Banking Credit Services, Capital Markets, and Problem Asset Management.