Equipment Finance Loan Fulfillment Specialist at Regions Bank

Thank you for your interest in a career at Regions. At Regions we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results dedicated to quality strength and integrity and possess the drive to succeed then we are your employer of choice.Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates consultants and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes sold or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions Retention Schedule for a minimum of three years. You may review modify or update your information by visiting and logging into the careers section of the system.Job Description:At Regions the Equipment Finance Loan Fulfillment Specialist orchestrates the closing process for all members of the Relationship Team and vendors associated with each loan. The closing process entails aiding in 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.Primary ResponsibilitiesDrafts and reviews loan documentation for high complexity commercial loans in a multi-state environmentEngages with the deal team on forecasting loan pipeline activity and provides due diligence requirements as loans are assignedReviews attorney prepared loan packages for syndicated loans often with Regions serving as the agent bankUnderstands the risks associated with closing various types of commercial loansObtains the necessary documents to evidence the debt and secure the loanEnsures the loan is closed per loan approval and that supporting documentation conforms to loan approval and policyIdentifies potential issues related to documentation policy or regulatory requirement and remediates prior to closingCommunicates frequently with business partners throughout the closing processComplies with departmental performance level metricsContributes to the formulation of plans to mitigate riskUnderstands the clients needs and identifies opportunities to improve and resolve client service issues related to the extension of commercial creditServes in a problem-solving capacity by providing client service for loan productsAddresses loan setup issues promptly to ensure system data integritySupports Regions Equipment Finance ensuring loans are booked timely disbursing loan proceeds in accordance with loan approval and packaging loan documentsMay assist with the training of team members in areas such as loan documentation and complianceThis position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.RequirementsHigh School Diploma or GEDFour (4) years of related financial services industry experiencePreferencesBachelors degreePrevious Commercial Banking and/or Commercial Equipment Leasing ExperienceGeneral knowledge of insurance requirements and other property due diligence necessary for real estate transactionsGeneral knowledge of syndicated transactions and the ability to collaborate with Capital Markets and other lenders for agent and non-agent dealsSkills and CompetenciesAbility to provide excellent customer serviceDemonstrates knowledge of commercial credit regulatory (including Bank Secrecy Act - Anti Money Laundering Software (BSA/AML) Beneficial Ownership Office of Foreign Assets Control (OFAC) Flood Regulations) and documentation policiesDemonstrates strong interpersonal verbal and written communication skillsExcellent time managementHighly organized detail-oriented and able to manage multiple projects under time constraintsResponds with a sense of urgencyPosition TypeFull timeCompensation DetailsPay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience skills knowledge contribution job location and most importantly performance in the job role. As these factors vary by individuals pay will also vary among individual associates within the same job.The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.Job Range Target:Minimum:$46750.00 USDMedian:$57270.00 USDIncentive Pay Plans:This job is not incentive eligible.Benefits InformationRegions offers a benefits package that is flexible comprehensive and recognizes that one size does not fit all for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes which is not intended to be a complete summary of plan terms and conditions.Paid Vacation/Sick Time401K with Company MatchMedical Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer ProgramPlease note benefits and plans may be changed amended or terminated with respect to all or any class of associate at any time. To learn more about Regions benefits please click or copy the link below to your browser. DetailsRegions CenterLocation:Birmingham AlabamaEqual Opportunity Employer/including Disabled/VeteransJob applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.Required Experience:IC Key Skills B2C,Bluetooth,Attorney,Corporate Risk Management,Administration Support,Airlines Employment Type : Full-Time Experience: years Vacancy: 1