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 Loan Fulfillment Construction Lending Risk Analyst assists in analyzing risk associated with borrowers, residential home builders and contracts submitted as part of the application, closing and administration of construction permanent loans.

Primary Responsibilities

• Compiles project review documentation and/or builder review documentation for acceptance on construction projects

• Handles project review documentation by compiling and reviewing construction contracts, costs/budgets, design plans for residential homes, surveys, title work, and appraisals for construction permanent loan applications

• Evaluates the loan request by reviewing the borrower’s application, builder’s application, construction contract, detailed budget, appraisal, complexity of the home design plans/specifications, surveys, title commitments, Regions Construction Permanent (CP) lending policies and Regions mortgage program guidelines

• Manages a closed CP Loan portfolio consisting of borrower/builder disputes, budget discrepancies, special draw requests, title issues, delays, survey exceptions, conversion delays and other construction project related issues

• Assists the Construction Lending Risk Manager with management reports, problem loan workouts, and provides input on proposed product or policy changes

• Acts as a liaison to other departments, both internal and external, such as closing and title attorneys, appraisal review, post-closing, and Secondary marketing

• Analyzes draw requests and makes sound decisions within policy to grant exceptions if warranted

• Approves outgoing wires for construction disbursements and CP loan closings

• Manages and reports the risks associated with problem loans

• Develops and implements a workout strategy for problem loans

• Monitors the construction lending pipeline for behind schedule projects and ensures appropriate communication and information gathering are occurring

• Monitors the conversion pipeline and works with other areas to ensure loans convert in a timely manner

• Monitors the projects with mortgage insurance to ensure there is no lapse in coverage

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

• High School Diploma or GED and five (5) years of mortgage lending, real estate lending or related experience

• Or Bachelor’s degree in a related field and one (1) year of mortgage lending, real estate lending or related experience

• Two (2) years of Construction Permanent (CP) Lending experience or related experience

Preferences

• Bachelor's degree in a related field

Skills and Competencies

• Ability to meet timelines

• Detail oriented

• Good organization and communication skills

• Good problem-solving skills

• Knowledge of all aspects of mortgage lending

• Proficient in Excel and Empower system

• Strong analytical skills

This is a remote opportunity.

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:

$66,151.25 USD

Median:

$93,800.00 USD

Incentive Pay Plans:

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. (https://www.regions.com/about-regions/benefits/benefits-eligibility) 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 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

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 Details

Riverchase Operations Center

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.