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.

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
• 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
• Three (3) year of related experience

Preferences

• Bachelor's degree in a related field
• Knowledge of real estate lending and collateral lending background

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

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

This is a remote opportunity.

Construction Lending or Mortgage Servicing experience highly preferred.

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:

$53,079.95 USD

50th Percentile:

$73,310.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Location:

Hoover, Alabama

Equal Opportunity Employer/including 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.