Enterprise Operations Collateral Specialist- Flex opportunity

Regions Bank; Hoover (AL); On-site; USD 44,000 - 53,000; Full time

Benefits offered by this job

401K match

Medical, dental and vision

Paid vacation/sick time

Life insurance

Parental leave

Job summary

Regions Bank in Hoover, Alabama, seeks an Enterprise Operations Collateral Specialist to perfect collateral and reduce loan risk. The role involves reviewing documentation, ensuring regulatory compliance, and coordinating with loan officers to secure loans. Requires two years in loan operations and a High School Diploma or GED; strong MS Office skills are needed. This is an onsite position with standard 40-hour weeks.

Qualifications

• High school diploma or GED required.
• Two years of loan operations experience.
• Ability to interpret and apply applicable rules and regulations.
• Excellent organizational and communication skills.

Responsibilities

• Review collateral documentation for perfection and ensure recording requirements are met.
• Ensure compliance with government regulations regarding collateral filings.
• Prepare detailed narratives of investigation, findings, and results in the release request system.
• Coordinate with loan officers, processors, closing agents, and field personnel to determine required documents.
• Assist in release approvals and track documents to confirm recording and filing.

Skills

Interpret regulations/compliance

Fast-paced environment

Analytical thinking

Organizational skills

Verbal communication

Written communication

Work ethic

Education

High School Diploma or GED

Tools

Microsoft Office Suite

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 Enterprise Operations Collateral Specialist performs all required processing functions necessary to perfect collateral to reduce the risk of loan loss to the bank and/or reviews documentation and decisions collateral release requests.

Primary Responsibilities

• Reviews collateral documentation submitted for perfection and determines if it meets recording requirements
• Complies with all government regulations regarding collateral filings
• Reviews all collateral documentation for accuracy and requests exceptions for any errors or issues
• Researches rejected documents to determine corrective action
• Works with loan officers, processors, closing agents, and field personnel to determine what documents are needed to secure the loan
• Utilizes all vendor and government agency websites to track documents to determine if the collateral has been recorded and filed
• Contacts loan officers to assist in release approvals
• Completes detailed narratives of investigation, findings, and results in the release request management system and reviews all requests for completeness and accuracy
• Analyzes and solves mildly complex operational and system-related issues
• Provides advice and guidance to less experienced associates as needed
• Ensures compliance with risk management programs, rules and regulations, and cybersecurity practices; identifies opportunities for and supports process improvements; applies disciplined change management practices

This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

• High School Diploma or GED
• Two (2) years of loan operations experience

Skills and Competencies

• Ability to interpret and ensure compliance with applicable rules, regulations, and industry guidance
• 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

Hours

40 hours between 7:00am-4:30pm

Monday-Friday

This position is intended to be onsite, now or in the near future. Associates will have regular work hours, including full days in the office three or more days a week. The manager will set the work schedule for this position, including in-office expectations.

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

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: $43,500.00 USD

Median: $52,540.00 USD

Incentive Pay Plans

This job is not incentive eligible.

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

Riverchase Operations Center

Location

Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans