Junior Corporate Banking Associate

Renasant Bank•Mountain Brook, AL

About The Position

The Junior Corporate Banking Associate is an entry-level position within Renasant Bank's corporate lending unit. This position is designed to expose the employee to all facets of corporate lending as a means of developing the employee into a Corporate Banking Associate. This position will be responsible for providing client coverage activities for corporate clients in designated geography, with a focus on Corporate Banking. This position will work closely with other Corporate Banking professionals performing assigned duties, including but not limited to, due diligence, document processing, financial modeling, statistical analysis, research, and presentation development. The position provides assistance with financial gathering, loan documentation, customer payments/past dues and deposit related efforts. The Corporate Banking Associate will follow all risk related practices and policies. RENASANT BANK IS AN EQUAL OPPORTUNITY EMPLOYER

Requirements

Bachelor's degree in finance, accounting, or applicable business major
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, and procedure manuals
Ability to effectively communicate information and respond to questions from groups of managers, clients, customers, and the general public
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
Ability and motivation to make sales calls
Ability to analyze a credit application for completeness and for documents needed on all types of loans
Strong written and verbal communication skills
Attention to detail and ability to manage duties in a fast-paced, team oriented environment
Knowledge of Federal laws and regulations involving loans preferred
Ability to analyze a credit application for completeness and for documents needed on all types of loans preferred

Responsibilities

Play an integral role in supporting the senior leaders in new business development, due diligence, and/or transaction execution including but not limited to evaluation, underwriting, approval process, loan documentation and closing processes
Perform tasks assigned and overseen by others, including drafting internal and external documents and marketing materials, support of executing transactions, as well as working with clients, attorneys, investors, interested parties and/or other senior professionals on a day-to-day basis
Build cross-functional relationships within the Corporate lending lines of business
Follow all risk related practices and policies
Develop client relationship skills and industry/product/market knowledge
Work with lending team in the closing and documentation of new and existing credit facilities
Participate on calls with new and existing bank clients
Manage and assist in the preparation of loan submission packages for new loans and renewals of existing loans including but not limited to financial spreads, cash flow statements, commercial real estate models and ROE models
Direct financial statements to corporate credit analysts for spreads and analysis
Research and draft company reports for new and existing clients, including company histories, financial analysis, collateral analysis, global cash flow analysis, and strengths and weaknesses of any loan requests
Research and draft industry reports for existing and potential customers from available public information, trade publications, and additional resources
Compile targeted potential business client lists for relationship managers to utilize in business development
Assist with exceptions, credit file maintenance, credit monitoring requirements, preparation for portfolio reviews, and required covenant maintenance
Obtain and retain product knowledge
Provide back-up support for managing the internal audit, external audit, and examination process with respect to lending
Perform other related duties as assigned