Credit Products Specialized Industries Associate - Oil & Gas

Regions Bank•Houston, TX

6d•$104,034 - $136,919

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 role analyzes new commercial credit opportunities, underwrites new or renewed credit exposure, and manages a portfolio of loans and other credit relationships in conjunction with a manager. The position is incentive eligible and exempt from timekeeping requirements under the Fair Labor Standards Act, so it is not eligible for overtime pay. Oil & Gas experience is preferred. This position may be filled at a higher level depending on the candidate's qualifications and relevant experience. The role is based at Greenway Plaza in Houston, Texas. Regions describes its benefits package as flexible and comprehensive for benefits-eligible associates. Compensation is based on factors including experience, skills, knowledge, contribution, job location, and performance. The stated job range target minimum is $104,034.08 USD and the median is $136,918.50 USD. The role is eligible for a discretionary incentive plan, with potential awards based on performance against defined metrics and goals.

Requirements

Bachelor’s degree in Finance, Accounting, or a related field.
Two years of underwriting experience or financial services analysis and accounting experience.
Completion of a major corporate credit training program, or equivalent corporate banking or corporate finance experience.
Ability to competently complete credit packages and credit services agreements with management oversight.
Ability to identify and voice issues and self-initiate discussions.
Ability to perform quality analysis and demonstrate competency in client portfolio management activities.
Excellent verbal and written communication skills.
Strong analytical and problem-solving skills.
Well organized and detail-oriented, with the ability to manage and/or lead multiple projects under pressure.
Ability to work collaboratively with multiple stakeholders.

Nice To Haves

Oil & Gas experience.

Responsibilities

Prepares credit approval packages for new and renewed credit products, including determining appropriate risk ratings and factors that could change those ratings; analyzing financial performance, performance against projections, covenant compliance, relationship profitability (RAROC), and other significant risk drivers.
Analyzes guarantors as needed to support credit underwriting.
Assists Credit Products Specialized Industries Managers with reviewing pre-closing loan documents and closing due diligence.
Manages financial reporting requirements, covenant requirements, past-due items, and documentation exceptions.
Ensures credit files contain complete and up-to-date information.
Implements and maintains ticklers.
Monitors portfolios and servicing activities in conjunction with Credit Products support.
Validates appropriate company risk ratings and proactively identifies risk-rating changes.
Identifies opportunities to reduce exposure or pursue new opportunities within the assigned portfolio.
Participates in researching, preparing, and executing customer and prospect calls.
Participates in identifying financial solutions that meet client needs and the Bank’s risk acceptance criteria.
Ensures compliance with internal commercial loan and credit risk management policies and external regulatory requirements; documents policy exceptions and related rationale or mitigants.