Environmental Risk & Due Diligence Lead

Regions Bank; Dallas (TX); On-site; USD 102,166 - 180,000; Full time

Benefits offered by this job

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

Job summary

Regions Bank is seeking an Environmental Risk Manager to lead comprehensive reviews of environmental data tied to loan transactions and property management. The role guides multiple departments on transaction structures, collateral value, and regulatory costs, while certifying liabilities for bank reporting under SOX.

The incumbent will supervise a team, develop remediation strategies, and manage vendor relationships within Regions’ environmental risk function.

Qualifications

• Bachelor’s degree in Physical Science or equivalent.
• Eight (8) years of experience conducting or performing critical reviews of environmental assessments.
• Three (3) years of supervisory/management experience, specifically in an environmental risk function.
• Credit evaluation experience (preferred).

Responsibilities

• Provides thorough reviews of environmental data supplied in connection with loan transactions, property under trust management, pending foreclosures, workouts, corporate trust management related to bond transactions, equity positions and investment banking transactions, and the potential acquisitions of financial institutions.
• Provides guidance to other departments on specific transactions as to the structure of the transactions, the relative value of the collateral, the potential costs to the borrower of complying with environmental laws and regulations, appropriate workout or foreclosure strategies, and the appropriate handling of remediation projects conducted on properties owned or managed by the bank.
• Serves as responsible party in certifying extent of known environmental liability for bank reporting purposes, as required by Sarbanes-Oxley Act (SOX).
• Approves credits of non-R/E secured transactions in high risk industries.
• Provides advice, guidance, and approval to credit and the Line of Business on the appropriate structure of environmentally sensitive transactions and the bank's policies and procedures on a one-to-one basis.
• Controls costs attributable to loan loss and excessive environmental consulting costs through appropriate environmental risk management procedures.

Skills

Team leadership

Regulatory knowledge

Data analysis

MS Office

Education

Bachelor’s degree in Physical Science

Tools

Microsoft Office

Job description

Regions Bank is seeking an Environmental Risk Manager to lead comprehensive reviews of environmental data tied to loan transactions and property management. The role guides multiple departments on transaction structures, collateral value, and regulatory costs, while certifying liabilities for bank reporting under SOX.

The incumbent will supervise a team, develop remediation strategies, and manage vendor relationships within Regions’ environmental risk function.