Capital Markets Syndicated Loan Services Analyst
Hoover, AL - USA
Job Summary
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.
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Job Description:
At Regions the Capital Markets Debt Operations group comprises of Syndicated Loan Agency Services Syndicated Loan Services RSL Operations RECM Operations and Loan Trading Operations. These teams provide operational and risk management support for the $11B Regions-led syndication portfolio syndicated participation bought portfolio FNMA Freddie Mac HUD and loan trading portfolios.
Primary Responsibilities
- Manages a complex portfolio of syndicated/participated bank facilities across multiple industries and business lines
- Provides loan servicing support and has direct communication with agent banks lenders and business partners
- Reconciles daily funding and payment activity to account for all daily cash transactions
- Calculates and tracks complex interest and fee accruals at various rate levels
- Monitors and escalates past due principal interest and fees to ensure that the loan accounting system is accurate and provides clients timely and accurate invoices
- Communicates with internal/external agents regarding issues around these specialized facilities
- Manages the ongoing balances between the loan system and agent bank
- Researches and resolves loan related issues which may include missing payments margin changes and/or unprocessed draw requests or conversions
- Ensures all lending transactions are booked and managed correctly minimizing operational risks and losses and ensuring compliance with all bank policies and procedures
- Reads and interprets complex legal credit agreements and related documentation working with credit legal and/or origination
- Monitors control reports updating applicable comments
- Supports co-workers and works with various special projects or other tasks as assigned
- Recommends latest methods to improve departmental procedures
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.
Requirements
- Associates Degree
- or one (1) year of related banking work experience
- Applicants will be expected to pass any assessment associated with the position
Skills and Competencies
- Ability to manage multiple priorities and operate in a high-pressure environment
- Ability to work in a deadline-oriented environment
- Detail Oriented
- Excellent verbal and written communication skills
- Experience with Microsoft Excel
- Knowledge of Bank systems used to manage the Syndicated lending business: ACBS AFS Level III Clearpar Syndtrak Notice Manager
- Strong organizational and time management skills
- Understanding of operational and payment risk
Position Type
Full timeCompensation 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:
$48807.00 USDMedian:
$64250.00 USDIncentive 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 click or copy the link below to your browser.
Required Experience:
IC
About Company
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