Specialized Corporate Senior Credit Officer - Commercial Leveraged Finance
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. At Regions, the Specialized Corporate Senior Credit Officer (SCO) is accountable for the credit quality (past dues, NPA, Criticized assets, Net Losses, Exceptions, etc.), profitability and growth of the total business loan portfolio in the assigned Specialized LOB/Industry Vertical. The Specialized Corporate Senior Credit Officer ensures and is responsible for execution of sound risk management practices as part of the 2nd Line of Defense. The position will be assigned to one of the specialized industries teams, such as Health Care, Tech & Defense, Transportation & Logistics, Financial Services, Energy, etc. The Specialized Corporate Senior Credit Officer serves as a subject matter expert and internal resource for Corporate Bank lending transactions where Senior Credit Officer approval is required and ensures sound risk management practices are applied to all related transactions. The position reports to a Corporate Bank Credit Division Manager.
Requirements
- Bachelor’s degree in related field
- Ten+ (10+) years of related experience
- Deep sector/industry knowledge
- Excellent communication skills
- Excellent organizational and time management skills
- Excellent analytical and quantitative skills
- Excellent verbal, written communication, and organizational skills
- Skilled in applicable computer software
Nice To Haves
- Completion of a formal Credit Training Program
Responsibilities
- Responsible for the overall creditworthiness of loan transactions within the assigned Specialized LOB/Industry vertical portfolio
- Manages the Specialized LOB/Industry vertical’s credit exposure to ensure adherence to Region’s Risk Appetite Statement and to all asset quality, diversification, and exposure parameters
- Reports to Credit Division Executive and Executive management (when needed) and is accountable for the quality and profitability (return relative to risk) of the Specialized LOB/Industry vertical’s loan portfolios
- Serves as Policy Author to relevant policies under the Senior Credit Officer’s purview and routinely provides input to credit policy group(s) on revisions/amendments to existing standards, documentation requirements, and underwriting guidance
- Prepares a quarterly Credit Officer Summary Report discussing the risk, trends, and priority activities within the specialty group
- Partners with multiple Corporate Banking Group lines of business to improve efficiency, effectiveness, productivity and/or control throughout the Credit/Underwriting process
- Serves as an additional trainer/mentor for the respective Credit Products and Coverage teams to provide training and coaching to ensure consistent, sound underwriting practices
- Serves as a member of or project lead for various ad-hoc projects as needed
Benefits
- Incentive Pay Plans: This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.
- Opportunity to participate in the Long Term Incentive Plan.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
