Credit Products Specialized Industries Associate - Healthcare

Regions Financial Corporation; Charlotte (NC); On-site; USD 89,000 - 108,000; Full time

Job summary

Regions Financial Corporation in Charlotte, North Carolina is seeking a Credit Products Specialized Industries Associate to support underwriting and risk assessment of commercial credit products under the First Line of Defense framework. You will analyze opportunities, prepare credit packages, and coordinate with managers on due diligence.

The role emphasizes strong financial analysis, attention to detail, and collaboration with multiple stakeholders to meet risk and client needs, with

Qualifications

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

Responsibilities

• Prepares credit approval packages with risk rating, performance vs. projections, covenants and profitability analysis.
• Analyzes guarantors as needed to support credit underwriting.
• Assists with review of pre-closing loan documents and closing due diligence.
• Manages financial reporting requirements, covenant requirements and documentation exceptions.
• Ensures credit files are complete with up-to-date information.
• Provides tickler implementation and maintenance.
• Monitors portfolios and servicing activities in conjunction with Credit Products support.
• Identifies opportunities for exposure reduction or new opportunities within portfolio.

Skills

Analytical thinking

Financial analysis

Credit underwriting

Communication skills

Portfolio management

Education

Bachelor's degree in Finance, Accounting or related field

Tools

Financial modeling

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, theCredit Products Specialized Industries Associate supports Credit ProductsSpecialized Industries Managers in identifying and mitigating risks in existing and proposedcredit products. As a member of the First Line of Defense, this role analyzes new commercial credit opportunities, underwrites new or renewed credit exposure, and manages a portfolio of loans and other credit relationships in conjunction with a manager.

Primary Responsibilities

• Preparescredit approval packages on new and renewedcredit 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 ProductsSpecialized Industries Managers with their review of pre-closingloan 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

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 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

Skills and Competencies

• Ability to identify and voice issues; self-initiates discussions

• Ability to perform quality analysis and display competency in completion and oversight of client portfolio management activities

• Excellentverbal and written communication skills

• Strong analytical and problem solving skills

• Well organized,detail-oriented, and ability to manage and/or lead multiple projects under pressure

• Works collaboratively with multiple stakeholders

• This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
• Healthcare experience preferred
• Strong underwriting experience preferred
• Expertise in financial modeling preferred

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:

$98,410.62 USD

50th Percentile:

$129,517.50 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:

Charlotte, North Carolina

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.