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 Servicing REO Repair Specialist determines the extent of required repairs to real estate owned (REO) and the subsequent coordination of renovations with contractors.

Primary Responsibilities

• Oversees the quality and timeliness of repairs to ensure compliance with Regions policies and goals
• Files eviction proceedings and routinely performs follow-ups on the eviction process to ensure timely evictions with minimal delays and cost
• Selects, monitors, and evaluates contractors for renovating assigned properties
• Writes comprehensive repair assessments
• Audits contractors repair estimates for comprehensiveness of renovations to be performed, and competitiveness of prices
• Prepares repair analysis worksheet and submits to REO committee with recommendation
• Reviews and approves closing "settlement" statements and other select closing documents
• Performs quality control inspections on assigned properties and ensures that any deficiencies discovered are corrected quickly and appropriately
• Works to resolve title issues
• Ensures compliance with risk management programs, rules and regulations, and cybersecurity practices; identifies opportunities for and supports process improvements; applies disciplined change management practices

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

This position is incentive eligible.

Requirements

• High School Diploma or GED

• Applicants will be expected to pass any assessment associated with the position

Preferences

• Bachelor’s degree
• Two (2) years of real estate, construction, or mortgage lending experience
• General knowledge of construction techniques, practices, and customs
• General understanding of contract law, real estate law, real estate transactions, mortgage lending practices, and types of property ownership

Skills and Competencies

• Ability to interpret and ensure compliance with applicable rules, regulations, and industry guidance
• Ability to work in a fast-paced environment
• Good analytical, organizational, and communication skills
• Proficient in Microsoft Excel and Word

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

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:

$33,975.00 USD

50th Percentile:

$40,446.00 USD

Incentive Pay Plans:

This role is eligible to participate in a commission incentive plan. Employees have the potential to earn commission based on performance against defined metrics and goals.

Location:

Hattiesburg, Mississippi

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.