At Regions the DPO Specialized Associate II supports Specialized Debt Products Manager(s) in assessing the potential risks of existing and proposed transactions. As a member of the First Line of Defense, the individual will analyze new commercial credit opportunities, underwrite new or renewed credit exposure and manage a portfolio of loans and other credit relationships in conjunction with a Debt Products Manager. 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, attorneys, auditors and other bankers. In some markets, this associate may be assigned a portfolio of credits for which they will have primary portfolio management, monitoring and oversight responsibilities.
Preparation of credit packages (Prepares credit approval packages on new and renewed debt 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.)
Analysis of guarantor as needed to support credit underwriting
Assists the Debt Products Manager with review of loan documents pre-closing
Reviews closing due diligence in collaboration with Debt Products Manager
Maintenance of 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)
Tickler implementation and maintenance
Ongoing portfolio monitoring and servicing in conjunction with Shared Services support
Maintains up to date understanding of primary loan market pricing and structuring trends
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 management policy, and external regulatory requirements; documents any exceptions to policy and related rationale/risk mitigation
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.
Completion of a major corporate credit training program (or the equivalent corporate banking/corporate finance experience)
3 to 5 years underwriting and portfolio management experience
Ability to competently complete credit packages and credit services agreements with limited oversight
Skills and Competencies
Demonstrates strong verbal and written communication skills
Well organized, detail-oriented, and is able to manage multiple projects under pressure
Demonstrates strong analytical and problem solving skills
Displays ability to identify and voice issues
Works collaboratively with multiple stakeholders