Credit Products Corporate Loan Fulfillment Specialist-CBG Operations

Regions Bank•Hoover, AL

1d•$46,750 - $57,270•Onsite

About The Position

At Regions, the Corporate Loan Fulfillment Specialist orchestrates the closing process for all members of the Relationship Team and vendors associated with each loan. This process involves providing assistance by completing, collecting, and analyzing documents necessary for the extension of credit, booking the loan, resolving documentation exceptions post-closing, and interacting with borrowers, outside counsel, bank associates, and a variety of third parties. The specialist drafts and reviews loan documentation for high complexity commercial loans in a multi-state environment, engages with the deal team on forecasting loan pipeline activity, and provides due diligence requirements. They also review attorney-prepared loan packages for syndicated loans, understand associated risks, and ensure loans are closed per approval and policy, remediating any identified issues prior to closing. Frequent communication with business partners is required throughout the closing process. The role also includes complying with departmental performance metrics, contributing to risk mitigation plans, understanding client needs to improve service, and addressing loan setup issues to maintain system data integrity. The specialist partners with segments such as Real Estate Banking, Regions Equipment Finance, Specialized & Diversified Industries, and Problem Asset Management, ensuring timely loan booking, disbursing proceeds, and packaging documents. They may also assist with training team members in loan documentation and compliance.

Requirements

High School Diploma or GED
Four (4) years of related financial services industry experience
General knowledge of insurance requirements and other property due diligence necessary for real estate transactions
General knowledge of syndicated transactions and the ability to collaborate with Capital Markets and other lenders for agent and non-agent deals

Nice To Haves

Bachelor’s degree
Previous Commercial Banking and/or Commercial Equipment Leasing Experience

Responsibilities

Orchestrates the closing process for all members of the Relationship Team and vendors associated with each loan.
Provides assistance by completing, collecting, and analyzing documents necessary for the extension of credit.
Books the loan.
Resolves documentation exceptions post-closing.
Interacts with borrowers, outside counsel, bank associates, and a variety of third parties.
Drafts and reviews loan documentation for high complexity commercial loans in a multi-state environment.
Engages with the deal team on forecasting loan pipeline activity and provides due diligence requirements as loans are assigned.
Reviews attorney prepared loan packages for syndicated loans, often with Regions serving as the agent bank.
Understands the risks associated with closing various types of commercial loans.
Obtains the necessary documents to evidence the debt and secure the loan.
Ensures the loan is closed per loan approval and that supporting documentation conforms to loan approval and policy.
Identifies potential issues related to documentation, policy or regulatory requirement and remediates prior to closing.
Communicates frequently with business partners throughout the closing process.
Complies with departmental performance level metrics.
Contributes to the formulation of plans to mitigate risks.
Understands the client’s needs and identifies opportunities to improve and resolve client service issues related to the extension of commercial credit.
Serves in a problem-solving capacity by providing client service for loan products.
Addresses loan setup issues promptly to ensure system data integrity.
Partners with one (1) or more of the following segments: Real Estate Banking (includes Home Builder Finance, Income Property Finance, Affordable Housing, Real Estate Corporate Banking), Regions Equipment Finance, Specialized & Diversified Industries, and Problem Asset Management.
Ensures loans are booked timely, disbursing loan proceeds in accordance with loan approval and packaging loan documents (for Real Estate Banking, Regions Equipment Finance, Specialized & Diversified Industries, and Problem Asset Management support).
May assist with the training of team members in areas such as loan documentation and compliance.