Credit Products Associate - Financial Services Group

Regions Bank

2d•$98,411 - $129,518

About The Position

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 Credit Products Specialized Industries Associate supports Credit Products Specialized Industries Managers in identifying and mitigating risks in existing and proposed credit products. As a member of the First Line of Defense, the individual will analyze new commercial credit opportunities, underwrite new or renewed credit exposure, and manage a portfolio of loans and other credit relationships in conjunction with a manager.

Requirements

Bachelor’s degree in Finance, Accounting or related field
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 identify and voice issues; self-initiates discussion
Ability to perform quality analysis and display competency in completion and oversight of client portfolio management activities
Excellent verbal and written communication skills
Strong analytical and problem solving skills
Well organized, detail-oriented, and able to manage and/or lead multiple projects under pressure
Works collaboratively with multiple stakeholders

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
Validates the appropriate risk rating for a company and proactively identifies risk rating changes
Identifies opportunities for exposure reduction or new opportunities within assigned portfolio
Participates in research, preparation and execution of customer and prospect calls
Participates in identifying financial solutions that meet the client’s needs and the Bank’s risk acceptance criteria
Ensures compliance with internal bank commercial loan policy, credit risk management policy, and external regulatory requirements; documents any exceptions to policy and related rationale/mitigants