Regions is looking to hire a Credit Products Specialized Industries Associate to support Credit Products Specialized Industries Managers in identifying and mitigating risks in existing and proposed credit products. This role will analyze new commercial credit opportunities, underwrite new or renewed credit exposure, and manage a portfolio of loans and other credit relationships.
Requirements
- Two (2) years underwriting experience or financial services analysis and accounting experience
- Completion of a major corporate credit training program (or the equivalent corporate banking/corporate finance experience)
- Ability to competently complete credit packages and credit services agreements with management oversight
- Ability to perform quality analysis and display competency in completion and oversight of client portfolio management activities
- Strong analytical and problem solving skills
- Ability to identify and voice issues; self-initiates discussion
- Validates the appropriate risk rating for a company and proactively identifies risk rating changes
Responsibilities
- Prepares credit approval packages on new and renewed credit products including determination of the appropriate risk rating as well as risk factors that could change the risk rating, analysis of financial performance, performance vs. projections, covenant compliance, relationship profitability (RAROC), and any other significant risk drivers
- Analyzes guarantors as needed to support credit underwriting
- Assists Credit Products Specialized Industries Managers with the review of pre-closing loan documents and closing due diligence
- Manages financial reporting requirements, covenant requirements, past dues and documentation exceptions
- Ensures credit files are complete with all up to date information
- Provides tickler implementation and maintenance
- Monitors portfolio and servicing activities in conjunction with Credit Products support
Other
- Bachelor’s degree in Finance, Accounting or related field
- Excellent verbal and written communication skills
- Well organized, detail-oriented, and able to manage and/or lead multiple projects under pressure
- Works collaboratively with multiple stakeholders
- This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
