Job Description:At Regions, the Real Estate Corporate Banking Associate is directly involved in the design, origination, structuring, and execution of loan commitments, loan syndications, and capital markets products and services for existing and prospective REIT/Fund clients. Associates also assist in the cultivation of client relationships by conducting research, staying abreast of client and industry trends, and participating in industry and client related strategic and tactical planning. This includes participation in client meetings, due diligence visits, and other client interactions during in which they gain exposure to key executives and senior bankers. The associate operates in a cross-functional capacity performing credit and underwriting analysis regularly in addition to coverage support. Additionally, the associate supports efforts to identify and mitigate risk in existing and proposed credit products. This role will analyze new real estate banking credit opportunities, underwrite new or renewed credit exposure, and manage a portfolio of loans and other credit relationships in conjunction with the aligned manager.
Primary Responsibilities- Understands client needs and identifies Regions' products and services or complex, actionable ideas that can help clients achieve their goals
- Develops and maintains detailed financial models to value REIT/Fund companies and depict projected financial results
- Collects, reviews, and documents receipt of financial statements, covenant compliance, and additional segment specific deliverables while ensuring credit files are current and complete
- Supports senior bankers proactively in their relationship responsibilities, including actively engaging with current and prospective clients, analyzing relationship profitability and generating new ideas to grow that profitability
- Maintains proprietary databases through monitoring news, current events, transactions, and financial information for clients, prospects, and other industry participants
- Frequently assists in preparation of written material, including pitches, proposals, client materials and associated supporting analyses with limited supervision
- Prepares and documents the financial analysis for renewal and/or credit servicing documents, and elevates findings to the Credit Products Specialist for further review of potential increased risk
- Provides expert service with a high sense of urgency in the coordination between the coverage team of bankers and Credit Products partners to ensure alignment with our mission of delivering the whole bank to the client with speed, certainty, and creativity
- Supports both coverage and credit products in the areas of client prospecting, transaction screening memos, underwriting and transaction closing, and portfolio management
- Completes functions associated with closing including review of coding and loan documents, formulation of commitment letters and closing memos, coordination with fulfillment, etc.
- Conducts ongoing monitoring which includes but is not limited to the completion of benchmark testings, electronic credit file maintenance, and the ongoing review and analysis of metrics
- Validates that the risk rating remains acceptable and proactively identifies risk rating changes with oversight from CPA II/Credit Products Specialist and in partnership with Coverage and Credit Risk partners
- Participates in the recruitment, development, training, and oversight of junior resources
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
Requirements- Bachelor's degree in accounting, finance or related field with a proven record of high achievement and three (3) years of relevant work experience
- Formal credit training
Preferences- Master's in Business Administration (MBA)
Skills and Competencies- Advanced Microsoft Excel, PowerPoint, and Word skills
- Energetic and creative self-starter with willingness to take on and successfully manage significant and multiple responsibilities
- Effectively prioritizes and completes work that is assigned from both coverage and credit products reporting lines
- Strong sense of personal accountability with a results orientation as part of a collaborative team environment
- Strong written and verbal communication skills
- Attention to detail and ability to multi-task under pressure
- Ability to work well in a fast-paced, team-oriented environment
This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
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:$94,012.38 USD
Median:$125,307.00 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 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 DetailsCharlotte Uptown
Location:Charlotte, North Carolina
