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.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the SBA Underwriting Team Manager works to analyze the most complex SBA credit requests, recommend underwriting structures, and make credit decisions. The associate will manage a team of underwriters, assisting with structuring recommendations and credit decisions. The SBA Underwriting Team Manager will drive team performance, ensuring that client expectations are met or exceeded and team goals are achieved.
Primary Responsibilities
Leads team of underwriters, reviewing analysis, structure and loan recommendations; manages daily workflow
Coaches and leads others on technical and relational aspects of the Underwriting role; provides individual performance evaluations
Demonstrates complete understanding of and ability to successfully apply all tools used to underwrite and risk rate both conventional and SBA-guaranteed commercial credits
Analyzes complex credit opportunities and exercises independent judgment in structuring, underwriting and risk rating credits, effectively balancing risk and relationship
Demonstrates deep knowledge of credit policy and competency to interpret financial data, propose appropriate structures and present to stakeholders and clients
Works proactively and collaboratively with multiple stakeholders including underwriting team, credit officers and relationship managers
Demonstrates ownership of assigned portfolio and acts with urgency in meeting internal and external client needs
Maintain currency with SBA SOP requirements, procedures, and changes.
Develops/sustains relationships with Commercial Banking leadership
This position is exempt from timekeeping requirements under the Fair Labor Standards Act is not eligible for overtime pay.
This position is incentive eligible.
Requirements
Bachelor’s degree in Finance, Accounting or related field
Seven (7) years of SBA or commercial loan underwriting, analysis or portfolio management experience.
Preferences
Advanced knowledge of SBA's SOP requirements and regulations. Ability and knowledge to work on the most complex loan files.
Three (3) years of prior management, leadership or coaching experience preferred
Skills and Competencies
Demonstrated effective verbal and written communication skills
Strong communication and interpersonal skills.
Strong organizational skills and the ability to handle multiple tasks under tight time constraints
Position Type Full time
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: $118,866.55 USD
Median: $148,420.00 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.Opportunity to participate in the Long Term Incentive Plan.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
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
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.
https://www.regions.com/about-regions/welcome-portal/benefits
Location Details Riverchase Complex North Building
Location: Hoover, Alabama
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.
