Hoover, AL, USA
4 days ago
Corporate Loan Collateral Perfection Specialist

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 Corporate Loan Perfection Specialist is responsible for perfecting commercial and corporate loans. The primary function is to protect the Bank’s collateral interest and ensure we are following the Bank’s policy, state regulations, compliance, and/or third-party vendors.

Primary Responsibilities

Reviews all perfection documentation completed at closing

Ensures collateral is completed via iWAVE Workflow and tangible documents per the Bank’s policy, state regulations, compliance, and/or third-party vendors

Completes a detail document review of perfection documents via iWAVE Workflow and tangible original for perfection purposes

Performs extensive research of exceptions issued that impact perfecting collateral

Works with loan officers, closing agents and field personnel to determine what documents are needed to secure the loan to close the exception

Utilizes all vendors and government agency websites to track documents to determine why the collateral has not been recorded and filed

Responds to emails, phone calls and voice mails from branches, loan officers, paralenders and third-party vendors

Provides clear and concise written communication on missing or incorrect document exceptions

This position requires the tracking of time for hours worked in excess of 40 per week and is eligible for overtime under the Fair Labor Standards Act.

Requirements

High School Diploma or GED

Skills and Competencies

Knowledgeable of loan operations activities

Works under limited to moderate supervision

Ten (10)  key skills

Basic knowledge of loan documentation

Knowledge of AFS/LIII, ACAPS/ACLS, CCNET, VRC, Dealertrack and Diligenz preferred

Excellent written and verbal communication skills

Detail oriented

Ability to work in a deadline oriented environment

Position Type

Full time

Compensation Details

Pay 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:

$37,440.00 USD

Median:

$43,700.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Benefits Information

Regions 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 Program

Please 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.


https://www.regions.com/welcometour/benefits.rf

Location DetailsRiverchase Complex North Building

Location:Hoover, Alabama

Bring Your Whole Self to Work  

   

We have a passion for creating an inclusive environment that promotes and values the differences that make each of us stand out as unique individuals and help provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work and thrive is the right thing to do.

   

OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans

Job 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.

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