Regions Bank Debt Products Associate - Technology & Defense Banking - Credit Underwriter / Credit Portfolio Manager in Charlotte, North Carolina
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At Regions, the DPO Specialized Associate III supports Specialized Debt Products Manager(s) in assessing the potential risks of existing and proposed transactions. 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 typically in partnership with a Debt Products Manager. Based on a risk adjusted return perspective and the Bank’s stated risk appetite, this individual will strive to balance credit asset quality goals as well as revenue goals by serving as an independent credit risk expert providing effective challenge to both the Line of Business and Credit Risk. The successful candidate will gather information and perform in-depth research in order to identify, quantify and mitigate underwriting risk inherent in extending the bank’s capital. The candidate will be expected to develop strong working relationships with client management, internal teammates, credit officers, attorneys, auditors and other bankers. In some markets, this associate may be assigned a portfolio of credits for which they will have primary portfolio management, monitoring and oversight responsibilities.
Preparation of credit packages (Prepares credit approval packages on new and renewed debt 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.)
Analysis of guarantors as needed to support credit underwriting.
Assists the Debt Products Manager with review of loan documents pre-closing, or independently, if needed.
Reviews closing due diligence in collaboration of Debt Products Manager or, independently, if required
Maintenance of 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)
Tickler implementation and maintenance
Ongoing portfolio monitoring and servicing 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
Maintains up to date understanding of primary loan market pricing and structuring trends
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
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 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.
Completion of a major corporate credit training program (or the equivalent corporate banking/corporate finance experience)
5 to 7 years underwriting and portfolio management experience
Ability to competently complete credit packages and credit services agreements
Skills and Competencies
Demonstrates very strong verbal and written communication skills
Well organized, detail-oriented, and is able to manage and/or lead multiple projects under pressure
Demonstrates very strong analytical and problem solving skills
Recognized for quality of analysis and competency in completion and oversight of client portfolio management activities
Displays ability to identify and voice issues; self-initiates discussion
Works collaboratively with multiple stakeholders
Charlotte, North Carolina
At Regions, our culture focuses on five core values that are a commitment to how we will do business:
Put people first
Do what is right
Focus on your customer
Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.