Credit Products Specialized Industries Associate - Oil & Gas

Regions Bank

17d

About The Position

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. Primary 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 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 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