Treasury Management Global Finance Specialist

Regions Financial Corporation; Hoover (AL); On-site; USD 36,000 - 44,000; Full time

Job summary

Regions Financial Corporation in Hoover, Alabama seeks a Treasury Management Global Finance Specialist to process standby letters of credit, commercial letters of credit, documentary collections, and related products for clients in line with industry standards.

The role requires meeting SLAs, risk controls, and accurate processing; a High School Diploma or GED is required, with a college degree preferred and additional banking experience valued.

Qualifications

• High School Diploma or GED required.
• College degree preferred.

Responsibilities

• Ensure client needs are met and/or exceeded within established SLA.
• Issue, amend and pay standby LCs, commercial LCs and documentary collections according to industry standards.
• Process loan request and monitor borrowing bases under working capital guarantees and ex-im bank policies within defined coverages.
• Process any credits returned for cancellation.
• Ensure policies regarding regulatory, credit and operational risk mitigation is adhered to.

Education

High School Diploma or GED

College degree

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.

At Regions the Treasury Management Global Finance Specialist will process standby letters of credit, commercial letters of credit, documentary collections, shared national credits, participations, fund and pay off loans to clients under ex-im bank working capital guarantee and other insured loan products according to industry standards and publications that governs said products.

Primary Responsibilities

• Ensure client needs are met and/or exceeded within established SLA
• Issue, amend and pay standby LCs, commercial LCs and documentary collections according to industry standards
• Process loan request and monitor borrowing bases under working capital guarantees and ex-im bank policies within defined coverages
• Process any credits returned for cancellation
• Ensure policies regarding regulatory, credit and operational risk mitigation is adhered to

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.

Requirements

• High School Diploma or GED

Preferences

• College degree
• 5 years general banking experience

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:

$40,000.00 USD

50th Percentile:

$48,310.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Location:

Hoover, Alabama

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.