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.
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Job Description:At Regions the Regions Business Capital Collateral Specialist provides direct customer service for clients with cash management and lending structures. This position provides analysis and reporting of client loan and collateral activity and monitors risk by utilizing advanced knowledge of bank's policies and procedures.
Primary Responsibilities
Analyze collateral documents and prepares management reporting for portfolio
Manage the document review/exceptions process
Work with relationship managers to ensure that reporting meets requirements of loan documents and ensures that collateral is in place to minimize risk
Use complex mathematical formulas to analyze the level and quality of collateral and alerts relationship managers of pertinent trends affecting the value of the portfolio
Prepare reports used by senior management for purpose of lending decisions and credit risk review
Provide collateral and loan information to field audit team
Input collateral information into the specialized Asset Based Lending Manager system to determine daily collateral position and borrowing availability
This position requires the tracking of time and is eligible for overtime under the non-exempt FLSA classification for hours worked in excess of 40 per week.
This position is incentive eligible.
Requirements
High School Diploma or GED
Preferences
College degree
One (1) year of related experience, preferably in Asset Based Lending or Commercial Lending
Skills and Competencies
Ability to work in a fast-paced production environment
Analytical and ability to exercise sound judgment
Excellent organizational skills
Proficient in Microsoft Office Suite
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
Position Type
Full timeCompensation 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:
$48,710.00 USDMedian:
$62,220.00 USDIncentive Pay Plans:
This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.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 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.
https://www.regions.com/welcometour/benefits.rf
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.