Job Description:At Regions, the Equipment Finance Loan Fulfillment Team Manager will serve in a leadership role that is dedicated to supporting a specific business segment or function within Credit Products. This individual will provide guidance and leadership to the Equipment Finance Loan Fulfillment associates.
Primary Responsibilities- Supervises and leads their respective team and provide oversight and guidance as it relates to the pre-closing fulfillment and/or construction monitoring requirements
- Provides oversight and expertise for items related to equipment finance loan documentation policies, pre-closing and/or construction monitoring due diligence, regulatory (including BSA/AML, Beneficial Ownership, OFAC, Flood Regulations), loan documentation and systems used within the department
- Manages work distribution and ensures acceptable turnaround times maintained for all components, including pre-closing, document preparation, funding, booking, resolution of exceptions, submission of legal documents to image and construct project management
- Serves as primary contact for business partners regarding questions, issues or concerns with team performance or transactional issues
- Conducts staff meetings and participates in pipeline calls routinely
- Provides training and onboarding for new associates and ongoing training as required
- Stays abreast trends within assigned industries, all applicable regulatory requirements, bank policy, and procedure updates; responsible for communicating to assigned team as applicable
- Contributes to process improvement and risk management strategies
- Manages the day-to-day production and scheduling of their respective team
- Contributes to hiring and disciplinary responsibilities as necessary.
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements- Bachelor's degree in a related field with five (5) years of corporate banking experience
- Or High School Diploma or GED with nine (9) years of corporate banking experience
Skills and Competencies- Demonstrates knowledge of commercial credit, regulatory (including BSA/AML, Beneficial Ownership, OFAC, Flood Regulations) and documentation policies
- Demonstrated leadership, mentoring, and subject matter expertise in fulfillment
- Excellent verbal and written communication skills, interpersonal skills, problem solving skills, and time management skills
- Leads by example
- Self-motivated, strong work ethic and responsive with a sense of urgency
Position TypeFull time
Compensation DetailsPay 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:$86,150.90 USD
Median:$102,450.00 USD
Incentive Pay Plans:This job may participate in an annual discretionary bonus plan.
Benefits InformationRegions 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.
https://www.regions.com/about-regions/welcome-portal/benefits
Location DetailsRegions Center
Location:Birmingham, Alabama
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.
