Regions Bank DPO Specialized Associate - Power, Utilities & Energy in Charlotte, North Carolina

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.

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Job Description:

At Regions the DPO Specialized Associate II 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 in conjunction with a Debt Products Manager. 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.

Primary 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 guarantor as needed to support credit underwriting

  • Assists the Debt Products Manager with review of loan documents pre-closing

  • Reviews closing due diligence in collaboration with Debt Products Manager

  • 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

  • Maintains up to date understanding of primary loan market pricing and structuring trends

  • 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

  • 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/risk mitigation

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

  • Bachelors degree

  • Completion of a major corporate credit training program (or the equivalent corporate banking/corporate finance experience)

  • 3 to 5 years underwriting and portfolio management experience

  • Ability to competently complete credit packages and credit services agreements with limited oversight

Skills and Competencies

  • Demonstrates strong verbal and written communication skills

  • Well organized, detail-oriented, and is able to manage multiple projects under pressure

  • Demonstrates strong analytical and problem solving skills

  • Displays ability to identify and voice issues

  • Works collaboratively with multiple stakeholders

Location:

Charlotte, North Carolina

EEO/AA/Minorities/Females/Disabled/Veterans

About Regions

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

  • Reach higher

  • Enjoy life

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.

EEO/AA/Minorities/Females/Disabled/Veterans