Regions Bank
Real Estate Capital Markets Agency (FNMA) Underwriting Analyst
Regions Bank, Atlanta, Georgia, United States, 30383
Overview
Thank you for your interest in a career at Regions. Regions believes associates deserve more than just a job and offers performance-driven individuals a place to build a career with opportunities for growth. We are seeking a focused, quality-driven, and ethical candidate with drive to succeed. Regions is dedicated to safeguarding private and personally identifiable information submitted for job opportunities. Information collected will be reviewed to evaluate qualifications and experience and will not be used for marketing or shared outside Regions unless required by law. Data will be stored in accordance with regulatory requirements and Regions’ retention schedule for a minimum of three years. You may review, modify, or update your information by logging into the careers section of the system. Responsibilities
Maintains a current and comprehensive knowledge of Lending Program Guidelines Conducts in-depth review of sponsor/guarantor financials, including balance sheets, income statements, tax returns and real estate schedules to determine ability to support guarantees Assists Underwriters in scrubbing and analyzing information from Client for accuracy Communicates with sponsors regarding due diligence items required from the borrower/sponsor Assists borrowers with agency forms, ensuring they are accurate and complete Follows up with internal team and clients to obtain all necessary information and to clarify any financial and/or property specific information Tracks orders for appraisals, title reports, environmental reports, legal formation documents, credit reports and any other documents required for processing the loan Works with internal and external counsel to deliver loan documents, obtain appropriate signatures, and deliver to escrow for closing Assists underwriters with completing required forms, and reviewing and verifying customer due diligence to ensure adherence to all compliance policy Completes post-closing funding procedures and delivers closed transactions to Loan Servicing Prepares loan status reports and documents as required Actively interacts with lending personnel to ensure timely analysis and closing of proposed loans Actively interacts with multiple internal and external parties involved in the lending process, including originators, brokers, sponsors, third party report providers, counsel, and credit officers Requirements
Bachelor’s degree in Accounting, Finance, Real Estate, or related field OR A high school degree and three (3) years of commercial real estate lending and/or equity investment experience with a bank, brokerage firm, insurance company, pension fund or private equity firm will substitute Preferences
Three (3) years of commercial real estate lending and/or equity investment experience with a bank, brokerage firm, insurance company, pension fund or private equity firm Experience in the multifamily asset type Fannie Mae/Freddie Mac experience preferred Skills and Competencies
Ability to effectively organize and prioritize Ability to work in a fast-paced environment with a positive and optimistic attitude Ability to work independently and responsibly Advanced proficiency in Excel, Word and PowerPoint Excellent attention to detail Excellent customer service skills Excellent verbal and written communication skills Strong analytical skills 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. Job Range Target: Minimum:
$68,831.33 USD Median:
$86,006.70 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. The following is a synopsis of benefits offered for informational purposes and is not 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 visit Regions’ careers site. Location
Michelson Drive, Irvine, California Equal Opportunity
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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Thank you for your interest in a career at Regions. Regions believes associates deserve more than just a job and offers performance-driven individuals a place to build a career with opportunities for growth. We are seeking a focused, quality-driven, and ethical candidate with drive to succeed. Regions is dedicated to safeguarding private and personally identifiable information submitted for job opportunities. Information collected will be reviewed to evaluate qualifications and experience and will not be used for marketing or shared outside Regions unless required by law. Data will be stored in accordance with regulatory requirements and Regions’ retention schedule for a minimum of three years. You may review, modify, or update your information by logging into the careers section of the system. Responsibilities
Maintains a current and comprehensive knowledge of Lending Program Guidelines Conducts in-depth review of sponsor/guarantor financials, including balance sheets, income statements, tax returns and real estate schedules to determine ability to support guarantees Assists Underwriters in scrubbing and analyzing information from Client for accuracy Communicates with sponsors regarding due diligence items required from the borrower/sponsor Assists borrowers with agency forms, ensuring they are accurate and complete Follows up with internal team and clients to obtain all necessary information and to clarify any financial and/or property specific information Tracks orders for appraisals, title reports, environmental reports, legal formation documents, credit reports and any other documents required for processing the loan Works with internal and external counsel to deliver loan documents, obtain appropriate signatures, and deliver to escrow for closing Assists underwriters with completing required forms, and reviewing and verifying customer due diligence to ensure adherence to all compliance policy Completes post-closing funding procedures and delivers closed transactions to Loan Servicing Prepares loan status reports and documents as required Actively interacts with lending personnel to ensure timely analysis and closing of proposed loans Actively interacts with multiple internal and external parties involved in the lending process, including originators, brokers, sponsors, third party report providers, counsel, and credit officers Requirements
Bachelor’s degree in Accounting, Finance, Real Estate, or related field OR A high school degree and three (3) years of commercial real estate lending and/or equity investment experience with a bank, brokerage firm, insurance company, pension fund or private equity firm will substitute Preferences
Three (3) years of commercial real estate lending and/or equity investment experience with a bank, brokerage firm, insurance company, pension fund or private equity firm Experience in the multifamily asset type Fannie Mae/Freddie Mac experience preferred Skills and Competencies
Ability to effectively organize and prioritize Ability to work in a fast-paced environment with a positive and optimistic attitude Ability to work independently and responsibly Advanced proficiency in Excel, Word and PowerPoint Excellent attention to detail Excellent customer service skills Excellent verbal and written communication skills Strong analytical skills 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. Job Range Target: Minimum:
$68,831.33 USD Median:
$86,006.70 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. The following is a synopsis of benefits offered for informational purposes and is not 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 visit Regions’ careers site. Location
Michelson Drive, Irvine, California Equal Opportunity
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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