Commercial Real Estate Portfolio Analyst

Location
Pasadena, California
Salary
Open
Posted
May 18, 2023
Closes
Jun 18, 2023

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.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions' Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions, the Capital Markets Real Estate Portfolio Analyst works within the Real Estate Capital Markets Project Finance Group (RECMPF) to monitor loan and property performance and key performance indicators and assists with asset management and servicing of a real estate loan portfolio.

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, HUD; and its Commercial Mortgage-Backed Securities (CMBS) Platform.

Primary Responsibilities

  • Portfolio surveillance to effectively monitor loan and property performance

  • Monitors Key Performance Indicators, contribute to property watch list process for troubled assets, and oversee necessary property modifications through to resolution

  • Analyzes loan level financial statements, rent rolls, and inspection reports

  • Assists with loan asset management and servicing matters including payoffs, prepayments, estoppels, lease reviews, SNDAs, reserves, escrows, draw requests, cash management, easements, financial reporting, inspections, post-closing items, and borrower requests

  • Performs complex research and arrive at resolution

  • Works with Management to proactively identify problem loans, develop monitoring plan, and recommend and assist with the execution of loss-minimizing recovery strategies such as, workouts, restructures, and/or foreclosure

  • Ensures customer data is accurate in appropriate system of record

  • Manages complaints and inquiries in a professional manner for customers

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 Finance, Accounting, Real Estate or related field or

  • A high school diploma or GED and three (3) years of commercial real estate experience, preferably with loan servicing and surveillance

Skills and Competencies

  • Ability to handle multiple assignments

  • Ability to work independently and responsibly with little supervision

  • Attention to detail, prioritization skills, and responsiveness

  • Proficient in Microsoft Office (Outlook, Word, Excel)

  • Strong communication skills (both oral and written)

  • Understanding of all aspects of loan servicing functions

Applicants with experience performing commercial real estate analysis are strongly desired. This includes but is not limited to:

  • Qualitative and quantitative property performance
  • Commercial real estate market research
  • Rent rolls and operating statements
  • Sponsor/Borrower assumptions
  • Agency lending requirements

This position will require daily, on-site attendance at our Pasadena, CA location.

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 national range and level of the position.

Job Range Target:

Minimum:

$44,106.50 USD

Median:

$69,600.00 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 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.


https://www.regions.com/welcometour/benefits.rf

Location Details

Sabal Pasadena

Location:

Pasadena, California

Bring Your Whole Self to Work  

   

We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.

   

OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans  



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