Equipment Finance Loan Fulfillment Specialist
Regions Bank
full-time
Posted on:
Location Type: Office
Location: Birmingham • Alabama • 🇺🇸 United States
Visit company websiteSalary
💰 $46,750 - $57,270 per year
Job Level
Mid-LevelSenior
About the role
- 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 risk
- 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
- Supports Regions Equipment Finance ensuring loans are booked timely, disbursing loan proceeds in accordance with loan approval and packaging loan documents
- May assist with the training of team members in areas such as loan documentation and compliance
Requirements
- High School Diploma or GED
- Four (4) years of related financial services industry experience
- Bachelor’s degree (preferred)
- Previous Commercial Banking and/or Commercial Equipment Leasing 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
Benefits
- Paid Vacation/Sick Time
- 401K with Company Match
- Medical, Dental and Vision Benefits
- Disability Benefits
- Health Savings Account
- Flexible Spending Account
- Life Insurance
- Parental Leave
- Employee Assistance Program
- Associate Volunteer Program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
loan documentationcommercial loansdue diligencerisk assessmentsyndicated loansloan approvalregulatory complianceclient servicedata integritycommercial credit
Soft skills
communicationproblem-solvingcollaborationorganizational skillsattention to detailclient needs assessmentteam trainingperformance metrics complianceissue identificationrisk mitigation
Certifications
High School DiplomaGEDBachelor’s degree