Regions Bank Business Development Officer / Originator in Chicago, Illinois

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Job Description:

Regions Business Capital, a division of Regions Bank, provides creative financing structures for middle market and large corporate clients including asset-based and leveraged loans, trade receivable securitizations, supply chain finance, and receivable purchase facilities. The Regions Business Capital Origination Manger will originate loans by cultivating relationships with internal in-market corporate and commercial bankers and external referral sources as well as by direct company calling.

Primary Responsibilities

•Targeted loan size is $15 million and up

•Very high level of industry/product expertise

•Independently handles the most complex transactions

•Handles all aspects of client interaction, including directing and coordinating execution of transactions

•Assist customers in analyzing problems and propose Regions solutions

•Respond promptly to customer issues, questions and concerns

•Actively cross-sell bank products

•Exercise strong credit and pricing skills

This position is incentive eligible.

This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.

Requirements

•Bachelors degree

•10 years of commercial banking experience including business development and relationship management, with at least five of those years in leveraged lending (asset based or cash flow)

Preferences

•Accounting/finance major

•MBA

The Regions Business Capital Business Development Officer will originate loans by direct calling prospective borrowers as well as assist in furthering of relationships with Regions’ in-market corporate and commercial bankers located in St. Louis, Indianapolis and Little Rock.

Other Responsibilities

  • Develop and manage targeted direct calling program for 13 midwestern states

  • Work closely with Regions’ in-market corporate and commercial bankers

  • Attend in-person calls with prospective borrowers

  • Work closely with senior management and underwriters on evaluating credits and structuring loans

  • Along with senior management, present term sheets and/or loan proposals to prospective borrowers

  • Assist with oral presentation of screening and approval memos to Credit Committee

This position is incentive eligible.

This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.

Preferred Requirements

  • Bachelor’s degree

  • 5 - 10 years of commercial banking and/or finance company experience

Preferences

  • Accounting/finance major

  • Formal credit training

  • ABL experience a plus but not required

Location:

Chicago, Illinois

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