Real Estate Capital Markets Agency (FNMA) Underwriting Analyst

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 Agency Underwriting Analyst works within the Real Estate Capital Markets Project Finance Group (RECMPF) to complete financial analysis and borrower due diligence and helps coordinate underwriting and loan closings.

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

Maintains a current and comprehensive knowledge of Lending Program Guidelines

Conducts in-depth review of sponsor / guarantor financials, including balance sheets, income statements, tax returns and real estate schedules to determine ability to support guarantees

Assists Underwriters in scrubbing and analyzing information from Client for accuracy

Communicates with sponsors regarding due diligence items required from the borrower / sponsor

Assists borrowers with agency forms, ensuring they are accurate and complete,

Follows up with internal team and clients to obtain all necessary information and to clarify any financial and / or property specific information

Tracks orders for appraisals, tile reports, environmental reports, legal formation documents, credit reports and any other documents required for processing the loan

Works with internal and external counsel to deliver loan documents, obtain appropriate signatures, and deliver to escrow for closing

Assists underwriters with completing required forms, and reviewing and verifying customer due dilligence to ensure adherence to all compliance policy

Completes post-closing funding procedures and deliver closed transactions to Loan Servicing

Prepares loan status reports and documents as required

Actively interacts with lending personnel to ensure timely analysis and closing of proposed loans

Actively interacts with multiple internal and external parties involved in the lending process, including originators, brokers, sponsors, third party report providers, counsel, and credit officers

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, Real Estate, or related field OR

A high school degree and three (3) years of commercial real estate lending and / or equity investment experience with a bank, brokerage firm, insurance company, pension fund or private equity firm will substitute

Preferences

Three (3) years of commercial real estate lending and / or equity investment experience with a bank, brokerage firm, insurance company, pension fund or private equity firm

Experience in the multifamily asset type

Fannie Mae / Freddie Mac experience preferred

Skills and Competencies

Ability to effectively organize and prioritize

Ability to work in a fast-paced environment with a positive and optimistic attitude

Ability to work independently and responsibly

Advanced proficiency in Excel, Word and PowerPoint

Excellent attention to detail

Excellent customer service skills

Excellent verbal and written communication skills

Strong analytical skills

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 :

$68,831.33 USD

Median : $86,006.70 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 click or copy the link below to your browser.

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.