Ascentium Credit Manager

Regions Bank•Scottsdale, NH

32d

About The Position

At Ascentium Capital, the Credit Manager leads a team of analysts responsible for evaluating commercial loan applications for new loan transactions as well as for processing annual loan reviews on existing borrowers. Ascentium Capital, a division of Regions Bank, provides convenient access to financing for business equipment and technology and serves small organizations to Fortune 500 companies with programs that benefit manufacturers, distributors and direct to businesses nationwide. Our finance specialization covers several segments, including technology, healthcare, hospitality, franchise, commercial vehicles, and other markets. We strive to be the premier provider of customized finance programs that add value to our customers' businesses.

Requirements

Bachelor’s degree in Business Administration, Finance, or related field
Seven (7) years of experience in commercial/bank underwriting or related experience
Management/supervisory experience
Ability to manage multiple priorities
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 attention to detail and proof-reading skills
Strong skills in calculating financial ratios
Strong understanding of personal and business credit reports
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation

Nice To Haves

Experience with Fair Isaac credit models
Experience in formal bank underwriting training

Responsibilities

Leads the examination of credit risk and ensures proper risk management practices are in place and utilized effectively through ongoing monitoring activities including identifying risk rating accuracy and policy compliance
Serves as lead examiner on occasion for specific reviews/examinations which may include activities such as proper sample selection, review team composition/ logistics, data compilation and analysis, written report generation, and collaboration with unit management
Provides continual feedback regarding existing or emerging risks or issues
Actively identifies and mitigates risk in existing and proposed credit products transactions
Maintains market knowledge of loan pricing and structural trends to match client needs with company credit product solutions
Coaches associates around client selectivity, loan and lease structuring, underwriting, servicing and risk rating
Oversees the hiring, training, development, and coaching of associates
Works in conjunction with the appropriate managers and executives to support each business unit's performance goals and service standards
Acts as a subject matter expertise and assists in managing the overall delivery of credit decisions within established policies and regulations
May maintain limited client portfolio management, including portfolio reporting