Credit Products Leveraged Finance Associate

Regions Bank•Charlotte, NC

1d•$95,681 - $116,309•Onsite

About The Position

At Regions, the Credit Products Leveraged Finance Associate supports Leveraged Finance Credit Products Manager(s) 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 Credit Products Manager.

Requirements

Bachelor's degree in related field
Two (2) years of underwriting experience or financial services analysis and accounting experience
Ability to competently complete credit packages and credit services agreements with management oversight
Completion of a major corporate credit training program (or the equivalent corporate banking/corporate finance experience)

Nice To Haves

Ability to identify and voice issues
Demonstrates analytical and problem solving skills
Strong verbal and written communication skills
Well organized, detail-oriented, and is able to multi-task
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 the Credit Products Manager with review of loan documents pre-closing
Reviews closing due diligence in collaboration with and oversight by Credit Products Manager
Maintains credit files including post- closing items (actively manages financial reporting requirements, covenant requirements, past dues and documentation exceptions and ensures credit files are complete with all up to date information)
Implements and maintains ticklers
Monitors and services portfolio in conjunction with Shared Services 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
Develops a strong working knowledge of and insures compliance with internal bank commercial loan policy, credit risk management policy, and external regulatory requirements documents any exceptions to policy and provides related rationale/mitigants