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 Real Estate Transaction Manager works within the Real Estate Capital Markets Project Finance Group (RECMPF), managing transactional due diligence, closing, and distribution efforts. This includes overseeing due diligence efforts after transaction engagement, as well as distribution activities post transaction closing.
The RECMPF Group is housed within the Capital Markets Group of Regions Bank and provides client-specific off-balance sheet financing solutions through its various Agency Products - Fannie Mae, Freddie Mac, and HUD.
Primary Responsibilities
Works with deal team to manage transactions from initial screening to underwriting handoff
Collects, reviews, and analyzes complex financial exhibits & market data for debt structure modeling in Excel
Independently performs the loan analysis on standardized templates, and communicates preliminary sizing and pricing based on business unit and GSE policies
Reviews borrower pro-formas and identify key issues/risks to address upfront
Develops multifamily real estate knowledge through ongoing training and active participation in industry seminars and symposiums
Proactively conducts preliminary credit reviews
Assists with due diligence, data input, information collection efforts
Completes market research through third party information sources
Coordinates with the originator and the underwriting department in the processing of the applications
Maintains a current and comprehensive knowledge of various Lending Program Guidelines, including Freddie Mac Conventional, SBL, and Fannie Mae Small Balance/DUS
Tracks all transaction activity and timeline from origination through closing
Acts as a liaison between borrower, production, and underwriting staff
Serves as a subject matter expert for transactions and acts as the primary contact regarding operational questions, issues, or concerns
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
Bachelor's degree in accounting, finance or related field
Eight (8) years of agency lending and commercial real estate experience
Preferences
Master Business Administration
Prior experience in banking or financial services
Prior experience with contract negotiations, risk management, and legal documents
Prior experience with Fannie Mae and Freddie Mac
Skills and Competencies
Ability to offer concise analysis of relationships, identifying key risks
Ability to work collaboratively with multiple stakeholders
Advanced Excel skills
Demonstrated strong analytical and problem-solving skills
Excellent customer service skills
Proficient in Microsoft Office Products
Strong verbal and written communication skills
Strong quantitative skills
Well organized, detail-oriented, and ability to multi-task
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:
$171,586.06 USD
Median:
$211,875.30 USD
Incentive Pay Plans:
This role is eligible to participate in a commission incentive plan. Employees have the potential to earn commission 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. (https://www.regions.com/about-regions/benefits/benefits-eligibility) 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.
https://www.regions.com/about-regions/welcome-portal/benefits
Location Details
Michelson Drive
Location:
Irvine, California
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.