Credit Products Associate

2 weeks ago


Charlotte, North Carolina, United States Regions Bank Full time
Job Description

At Regions Bank, we are seeking a highly skilled Credit Products Associate - Diversified Industries to join our team. As a key member of our Credit Products group, you will play a critical role in identifying and mitigating risks in existing and proposed credit products.

Key Responsibilities
  • Prepare comprehensive credit approval packages for new and renewed credit products, including determination of the appropriate risk rating and analysis of financial performance, covenant compliance, and relationship profitability.

  • Analyze guarantors as needed to support credit underwriting and ensure credit files are complete with all up-to-date information.

  • Assist Credit Products Diversified Industries Managers with the review of pre-closing loan documents and closing due diligence, and manage financial reporting requirements, covenant requirements, past dues, and documentation exceptions.

  • Monitor portfolio and servicing activities in conjunction with Credit Products support and validate the appropriate risk rating for a company, proactively identifying risk rating changes.

  • Identify opportunities for exposure reduction or new opportunities within assigned portfolio and participate in research, preparation, and execution of customer and prospect calls.

  • Participate in identifying financial solutions that meet the client's needs and the Bank's risk acceptance criteria and ensure compliance with internal bank commercial loan policy, credit risk management policy, and external regulatory requirements.

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).

Skills and Competencies
  • Ability to competently complete credit packages and credit services agreements with management oversight.

  • Ability to identify and voice issues; self-initiates discussion.

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

  • Excellent verbal and written communication skills.

  • Strong analytical and problem-solving skills.

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

  • Works collaboratively with multiple stakeholders.



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