Credit Products Commercial Portfolio Manager

Regions Financial Corporation; Birmingham (AL); On-site; USD 50,000 - 71,000; Full time

Benefits offered by this job

Discretionary incentive plan

Job summary

Regions Financial Corporation in Birmingham, AL is seeking a Credit Products Commercial Portfolio Analyst to provide analytical support and identify underwriting risk in lending. You will gather data, perform in-depth research, and build strong relationships with client management, internal teams, credit officers, and bankers.

The role emphasizes risk assessment, monitoring of covenants, and maintaining complete credit files.

Qualifications

• Bachelor's degree in Finance, Accounting or related field.
• MBA preferred.
• Two years of experience in commercial underwriting.

Responsibilities

• Prepares credit approval packages on new and renewed credit 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
• Provides analysis of guarantors as needed to support credit underwriting
• Assists the Credit Products Commercial Portfolio Managers with review of loan documents pre-closing
• Reviews closing due diligence in collaboration with and oversight by Credit Products Manager
• Maintains 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)
• Assists with tickler implementation and maintenance
• Monitors portfolioand 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

Skills

Collaborative work

Analytical skills

Verbal and written communication

Organization and multi-tasking

Education

Bachelor's degree in Finance, Accounting or related field

Master of Business Administration (MBA)

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.

At Regions, the Credit Products Commercial Portfolio Analyst provides analytical support to Credit Products Commercial Portfolio Managers. 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.

Primary Responsibilities

• Prepares credit approval packages on new and renewed credit 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
• Provides analysis of guarantors as needed to support credit underwriting
• Assists the Credit Products Commercial Portfolio Managers with review of loan documents pre-closing
• Reviews closing due diligence in collaboration with and oversight by Credit Products Manager
• Maintains 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)
• Assists with tickler implementation and maintenance
• Monitors portfolioand 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

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 Finance, Accounting or related field

Preferences

• Master of Business Administration (MBA)
• Two (2) years experience in commercial underwriting

Skills and Competencies

• Ability to work collaboratively with multiple stakeholders
• Strong analytical and problem solving skills
• Strong verbal and written communication skills
• Well organized, detail-oriented, and ability to multi-task

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:

$49,929.00 USD

50th Percentile:

$71,400.00 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.

Location:

Birmingham, 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.