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Regions Bank · 2 months ago

Commercial Real Estate Closing Coordinator - CBG Operations

Birmingham, AL

Full-time

Onsite

Entry Level

$44K/yr - $53K/yr

2+ years exp

Regions Bank is dedicated to providing associates with a career-focused environment. The Commercial Real Estate Closing Coordinator orchestrates the closing process for loans, ensuring compliance with documentation and interacting with various stakeholders throughout the process.

BankingInsurance

Responsibilities

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

Support in Real Estate Banking, Regions Equipment Finance, Specialized & Diversified Industries, and Problem Asset Management includes ensuring loans are booked timely, disbursing loan proceeds in accordance with loan approval and packaging loan documents

Qualification

Commercial credit knowledgeLoan documentation reviewFinancial services experienceCustomer service skillsTime managementInterpersonal skillsVerbal communicationWritten communicationDetail-orientedProblem-solving

Required

High School Diploma or GED

Two (2) years of related financial services industry experience

Preferred

Bachelor's degree

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

Previous Commercial Banking and/or Commercial Equipment Leasing Experience

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

Company

Regions Bank

Glassdoor3.6

Regions Financial Corporation is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services.

Founded in 1971

Memphis, Tennessee, USA

10001+ employees