[Hiring] Loan Fulfillment Construction Lending Risk Manager @Regions Bank

Role Description

At Regions, the Loan Fulfillment Construction Lending Risk Manager oversees a team of supervisors and managers performing a variety of aspects associated with the Construction Lending process including analyzing risk associated with borrowers, residential home builder and contract submittals as part of applications and closing, and the administration of construction permanent loans.

• Provides leadership to a team of supervisors/managers that oversee associates responsible for evaluating risk on loan requests for construction permanent loan applications by reviewing builders, contracts, cost/budget, appraisals, complexity of home designs/specifications, surveys, and internal program guidelines.
• Oversees the resolution of loans past due on interest, loans past maturity, loans encumbered by liens or lawsuits, builder/borrower disputes, and other problem loans.
• Works with borrowers, builders, title agents, and attorneys within the compliance framework to attain outcomes most favorable for the bank.
• Determines guidelines for project reviews in compliance with state statutes and administration consistent with Regions' Construction Permanent (CP) loan agreement.
• Directs departmental operations, analytics, and reporting.
• Addresses problem loans and provides appropriate solutions.
• Manages a team by working with other departments to convert loans within a timely manner.
• Oversees appropriate departmental staffing as dictated by business cycles and technology.

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.

Qualifications

• Bachelor’s degree and eight (8) years of experience in banking or a related field.
• Or High School Diploma or GED and twelve (12) years of experience in banking or a related field.
• Three (3) years of supervisory/management experience.

Requirements

• Bachelor's degree.
• Knowledge of construction lending administration and processes.

Skills and Competencies

• Ability to solve complex customer issues.
• Ability to supervise and manage a team.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, Outlook, etc.).
• Strong organizational skills.
• Strong time management skills.
• Strong verbal and written communication skills.
• Strong work ethic and self-motivation.

Benefits

• 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.

Location Details

Regions Center, Birmingham, Alabama

Equal Opportunity Employer

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.