Collateral Specialist- Regions Business Capital

Regions Bank; Atlanta (GA); On-site; USD 55,000 - 67,000; Full time

Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Job summary

Regions in Atlanta is seeking a Business Capital Collateral Specialist to provide direct customer service for cash management and lending structures. You will analyze collateral and prepare reporting for portfolio management while monitoring risk in accordance with bank policies.

The role is onsite in Atlanta with four days in the office and one day work-from-home, offering an incentive plan and comprehensive benefits packages.

Qualifications

• High School Diploma or GED is required.
• Two years of relevant experience required.
• College degree is preferred.

Responsibilities

• Analyzes collateral documents and prepares management reporting for portfolio.
• Manages the document review/exceptions process.
• Works with relationship managers to ensure reporting meets loan documents and collateral is in place to minimize risk.
• Uses complex calculations to assess collateral value and alerts trends affecting the portfolio.
• Prepares reports for senior management for lending decisions and risk review.
• Inputs collateral information into the Asset Based Lending Manager system to track daily position and borrowing availability.
• May take on additional responsibilities as directed by manager.

Skills

Fast-paced work

Analytical thinking

Organizational skills

Microsoft Office

Communication skills

Self-motivation

Education

High School Diploma or GED

College degree

Tools

Asset Based Lending Manager

Job description

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 Regions Business Capital Collateral Specialist provides direct customer service for clients with cash management and lending structures. This position provides analysis and reporting of client loan and collateral activity and monitors risk by utilizing advanced knowledge of bank's policies and procedures.

Primary Responsibilities

• Analyzes collateral documents and prepares management reporting for portfolio

• Manages the document review/exceptions process

• Works with relationship managers to ensure that reporting meets requirements of loan documents and ensures that collateral is in place to minimize risk

• Uses complex mathematical formulas to analyze the level and quality of collateral and alerts relationship managers of pertinent trends affecting the value of the portfolio

• Prepares reports used by senior management for purpose of lending decisions and credit risk review

• Provides collateral and loan information to field audit team

• Inputs collateral information into the specialized Asset Based Lending Manager system to determine daily collateral position and borrowing availability

• May take on additional responsibilities as directed by manager

This position requires the tracking of time and is eligible for overtime under the non-exempt FLSA classification for hours worked in excess of 40 per week.

This position is incentive eligible.

Requirements

• High School Diploma or GED

• Two (2) years of relevant experience

Preferences

• College degree

• Three (3) years of related experience, preferably in Asset Based Lending or Commercial Lending

Skills and Competencies

• Ability to work in a fast-paced production environment

• Analytical and ability to exercise sound judgment

• Excellent organizational skills

• Proficient in Microsoft Office Suite

• Strong verbal, written communication, and organizational skills

• Strong work ethic and self-motivation

Position will be onsite out of our office in Atlanta, GA. The onsite expectations are at least 4 days a week with 1 day work from home.

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:

$60,900.00 USD

Median:

$76,492.50 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 copy the link below to your browser.

https://www.regions.com/about-regions/welcome-portal/benefits

Location Details

Atlanta Midtown

Location:

Atlanta, Georgia

Equal Opportunity Employer/including Disabled/Veterans