Capital Markets Loan Servicing Specialist- Commercial Real Estate
2 days ago
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 Capital Markets Servicing Specialist is responsible for processing lender notifications, lien searches, file scanning, and processing Transfer & Assumptions.
Primary Responsibilities
- Communicates daily with assigned sources, brokers, and vendors on transaction and funding status of leases/loans
- Prepares Documentation Worksheets to include proper structure and pricing of the transaction
- Creates document packages
- Takes responsibility for communicating with customers, vendors, brokers, sources and internal sales to obtain any missing items not returned with the documentation package to properly close transactions
- Adheres to policies and procedures requirements for documentation and funding
- Takes responsibility for timely filing UCC's and review lien searches
- Processes site inspections and reviews results
- Ensures all credit contingencies have been satisfied
- Requires properly prepared invoices and obtain sales quotes
- Resolves issues to facilitate the funding of lease/loan transactions
- Works under limited supervision following established guidelines and procedures
- Conducts verbal verifications with customers
- Retrieves, scans and/or delivers mail to proper individuals
- Follows up on post-loan closing items
This position requires the tracking of time and is eligible for overtime 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
- Two (2) years of administrative, loan, or related experience
Skills And Competencies
- Ability to manage multiple priorities
- Ability to learn additional systems as needed
- Ability to research, analyze data, and derive facts
- Ability to work in a team environment when applicable
- Ability to work under pressure and meet deadlines
- Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
- Strong attention to detail and proof-reading skills
- Strong verbal, written communication, and organizational skills
- Strong work ethic and self-motivation
More In Depth About The Role
- Support the onboarding process for commercial real estate loans
- Ensure accuracy and completeness of loan documentation
- Have working knowledge of key real estate loan documents: Promissory Notes, Loan Agreements, Deeds of Trust, and Title Policies.
- High level of professionalism to deal with internal and external partners to gather documents and maintain compliance.
In office requirements: 4 days per week in office Monday-Thursday. Friday will be worked remotely.
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.
Minimum
Job Range Target:
$59,085.00 USD
Median
$74,435.40 USD
Incentive 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 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.
Location Details
Playhouse Plaza
Location:
Pasadena, California
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.
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