Credit Products Real Estate Associate

Regions Bank•Birmingham, AL

23d•Onsite

About The Position

At Regions, the Credit Products Real Estate Associate supports Credit Products Real Estate Managers in identifying and mitigating risks in existing and proposed credit products. As a member of the First Line of Defense, the individual will analyze new real estate banking credit opportunities, underwrite new or renewed credit exposure and manage a portfolio of loans and other credit relationships in conjunction with a Credit Products Manager.

Requirements

Bachelor’s degree, preferably in Business Administration, Real Estate, Accounting, or Finance
Two (2) years of real estate underwriting or financial services analysis or accounting experience
Completion of a corporate credit training program (or equivalent corporate banking/finance or real estate experience)
Working knowledge of internal bank commercial and real estate loan policy, real estate advisory documents, credit risk management policy, compliance requirements, external regulatory requirements
Working knowledge of spreading and modeling tools used in loan sizing, underwriting, risk rating, and RAROC models
Strong verbal and written communication skills
Well organized, detail-oriented, with ability to multi-task
Demonstrated analytical and problem-solving skills
Recognized for quality of analysis and competency in completion and oversight of client portfolio management activities
Displays ability to identify and voice issues; self-initiates discussion
Works collaboratively with multiple stakeholders

Responsibilities

Collects, reviews and documents receipt of financial statements, covenant compliance, and additional segment specific deliverables.
Ensures credit files are complete and current.
Manages covenant requirements and risk rating benchmarking activities.
Prepares credit servicing documents to include the requisite comparative analysis and identification of negative or positive trends. Findings should be documented and discussed to determine if any additional actions should be taken including identification of needs-based opportunities to present to client.
Validates the risk rating remains acceptable and proactively identifies risk rating changes with oversight from CPA II and in partnership with Coverage and Credit Risk partners.
Prepares and documents guarantor financial analysis in renewal or credit servicing documents. Elevate findings to the Credit Products Specialist for further review for potential increased risk.
Identify opportunity for additional services or products that may meet client needs.
For construction or development loans, ongoing construction monitoring and maintenance activities in partnership with Fulfillment.
Reviews MIS coding accuracy during the ordinary course of credit servicing.
Mentors and partners with other associates in their preparation of servicing documents.
Maintains sole responsibility for a portfolio of real estate loans, which will consist of higher complexity loans and Regions360 relationships.