Regions Bank Credit Underwriter / Portfolio Manager - Energy, Oil & Gas / DPO Specialized Associate - Oil & Gas in Houston, Texas
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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At Regions the DPO Specialized Associate I supports Specialized Debt Products Manager(s) in identifying and mitigating risks in existing and proposed debt products. 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, and other bankers.
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.
Reviews closing due diligence in collaboration with and oversight by 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 activities 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
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 provides 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)
2 to 3 years underwriting experience or financial services analysis and accounting experience
Ability to competently complete credit packages and credit services agreements with management oversight
Skills and Competencies
Strong verbal and written communication skills
Well organized, detail-oriented, and is able to multi-task
Demonstrates analytical and problem solving skills
Ability to identify and voice issues
Works collaboratively with multiple stakeholders
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.