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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 Problem Asset Management (PAM) Workout Specialist manages numerous clients simultaneously with a portfolio scope directly related to experience level.

Primary Responsibilities

+ Develops for execution the client strategies identified during the on-boarding process

+ Interfaces with counsel, reviews documentation for adequacy, and takes necessary steps for repair

+ Ensures correct risk rating is identified and applied

+ Takes responsibility for client relationships and serves as key client contact

+ Estimates losses associated with strategies to determine best alternatives

+ Negotiates to improve Regions’ position via collateral, guaranties, etc.

+ Renegotiates, grants extensions or modifications and administers trouble debt restructuring with clients

+ Manages litigation efforts, including foreclosure, suit on guarantors, etc., as appropriate

+ Collaborates with team leader and manager to ensure team performance meets internal standards and complies with internal and external guidelines and regulations

+ Collaborates with team leader and management to ensure specialists are equipped with the proper tools to efficiently conduct business

+ Offers guidance and advice to junior specialists for the sake of continuous improvement

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

+ Eight (8) years of experience in commercial banking and/or real estate lending

+ Five (5) years of experience commercial loan workout

Skills and Competencies

+ Ability to learn additional systems as needed

+ Ability to research, analyze data, and derive facts

+ Ability to work in a team environment when applicable

+ Ability to work under pressure and meet deadlines

+ Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)

+ Strong verbal, written communication, and organizational skills

+ Strong work ethic and self-motivation

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:_

$141,054.10 USD

_Median:_

$174,372.50 USD

Incentive Pay Plans:

This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.Opportunity to participate in the Long Term Incentive Plan.

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/welcometour/benefits.rf

Location Details

Regions Center

Location:

Birmingham, Alabama

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.