Credit Products Specialist Industries Underwriting

Regions Bank; Houston (TX); On-site; USD 94,000 - 114,000; Full time

Benefits offered by this job

401K with Company Match

Medical, Dental and Vision Benefits

Life Insurance

Job summary

Regions Bank in Houston, TX is seeking a Credit Products Specialized Industries Associate to support Managers in identifying and mitigating risks in existing and proposed credit products. You will analyze new opportunities, underwrite credit exposure, and manage a portfolio of loans in collaboration with a manager.

The role requires a Finance/Accounting degree, 2 years underwriting or related experience, and completion of a corporate credit training program.

Qualifications

• Bachelor’s degree in Finance, Accounting or a related field.
• Two (2) years of underwriting experience or financial services analysis and accounting experience.
• Completion of a major corporate credit training program (or the equivalent corporate banking/corporate finance experience)
• Ability to competently complete credit packages and credit services agreements with management oversight

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
• Analyzes guarantors as needed to support credit underwriting
• Assists Credit Products Specialized Industries Managers with the review of pre-closing loan documents and closing due diligence
• Manages financial reporting requirements, covenant requirements, past dues and documentation exceptions
• Ensures credit files are complete with all up to date information
• Provides tickler implementation and maintenance
• Monitors portfolios and servicing activities in conjunction with Credit Products 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
• Participates in research, preparation and execution of customer and prospect calls
• Participates in identifying financial solutions that meet the client’s needs and the Bank’s risk acceptance criteria
• Ensures compliance with internal bank commercial loan policy, credit risk management policy, and external regulatory requirements; documents any exceptions to policy and related rationale/mitigants

Education

Bachelor’s degree in Finance, Accounting or a related field

Completion of a major corporate credit training program

Two (2) years of underwriting experience or financial services analysis and accounting experience

Job description

Regions Bank in Houston, TX is seeking a Credit Products Specialized Industries Associate to support Managers in identifying and mitigating risks in existing and proposed credit products. You will analyze new opportunities, underwrite credit exposure, and manage a portfolio of loans in collaboration with a manager.

The role requires a Finance/Accounting degree, 2 years underwriting or related experience, and completion of a corporate credit training program.