Commercial Credit Services Group Manager

Regions Financial Corporation; Hoover (AL); On-site; USD 167,000 - 204,000; Full time

Benefits offered by this job

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Associate Volunteer Program

Job summary

Regions Financial Corporation is seeking a Group Manager for Commercial Credit Services to lead underwriting and risk management across business banking and middle market credit requests. You will enforce policies, drive KPI performance, and coordinate with Credit Review, Risk Management, and Audit functions.

You will mentor regional managers, shape talent development, and uphold prudent risk standards for new and renewing loans while collaborating with senior leadership and client coverage

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• Fifteen years of banking/credit experience and six years of managerial experience.
• Completion of a major corporate credit training program or equivalent experience.

Responsibilities

• Oversee underwriting teams ensuring alignment with risk management objectives.
• Enforce policies, processes, and tools for consistent credit underwriting.
• Manage regional team managers and associates in underwriting and portfolio management.
• Champion talent development and training to maintain a skilled workforce.
• Build relationships with credit officers, client coverage, and HR.
• Ensure loans/renewals meet prudent risk standards and policies.
• Lead risk management initiatives for the underwriting team.

Skills

Lead and coach others

Credit disciplines knowledge

Strong work ethic

Accounting and finance knowledge

Analytical and problem solving

Verbal and written communication

Interpersonal skills

Education

Bachelor’s degree in Accounting or Finance

MBA or related advanced degree (preferred)

Job description

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.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions, the Commercial Credit Services Group Manager oversees Commercial Credit Services teams responsible for underwriting business banking and middle market credit requests. This role ensures alignment with risk management objectives by enforcing policies, processes, and tools that promote a consistent and standardized approach to credit underwriting, including accurate risk ratings and oversight of both new and renewal credit approval activities.

Primary Responsibilities

• Develops and manages key performance indicators (KPIs) within the conventional underwriting team for approval documentation quality, credit servicing quality, and credit approval turnaround time
• Serves as a liaison with Credit Review, Risk Management, and Audit teams to identify and address any weaknesses in the Conventional Underwriting team’s risk management practices
• Oversees the hiring, development, and ongoing performance of regional team managers and associates supporting underwriting and portfolio management activities
• Champions talent development and training initiatives to ensure Regions maintains a highly skilled workforce and a strong succession pipeline
• Creates and maintains strong working relationships with key stakeholders including credit officers, client coverage teams,senior leadership, and Human Resources
• Ensures new loans and renewals are underwritten to prudent risk standards and in compliance with the loan policy and the credit risk management policy
• Serves in a leadership position for all risk management initiatives and activities regarding the conventional underwriting team
• Serves as a coaching resource around client selectivity, loan structuring, underwriting, servicing, and risk rating
• Serves, periodically, on committees, task forces, and groups as needed
• Leads credit product support and activity delivery for the conventional underwriting team

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

• Bachelor’s degree in Accounting, Finance, or a related field
• Fifteen (15) years ofbanking/credit experience and six (6) years of managerial experience
• Completion of a major corporate credit training program or the equivalent corporate banking/corporate finance experience

Preferences

• Master of Business Administration (MBA) or a related degree

Skills and Competencies

• Ability to lead and coach others
• Broad knowledge of credit disciplines and business strategy
• Demonstrated self-starter with a strong work ethic
• High level of knowledge in accounting and finance
• Excellent analytical and problem solving skills
• Excellent verbal and written communication skills
• Strong interpersonal skills

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$185,859.30 USD

Median:

$239,840.00 USD

Incentive Pay Plans:

This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.Opportunity to participate in the Long Term Incentive Plan.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/about-regions/welcome-portal/benefits

Location Details

Riverchase Complex North Building

Location:

Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.