Real Estate Capital Markets Agency (FNMA) Underwriting Analyst

Capital Markets Agency Underwriting Analyst

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 diligence 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

Preferences

Skills and Competencies

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.

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.

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.

Location Details

Michelson Drive

Location : Irvine, California

Equal Opportunity Employer / including Disabled / Veterans