Real Estate Capital Markets Senior Credit Officer

Job Description

At Regions, the Senior Credit Officer II position is accountable for the credit quality (past dues, NPA, Criticized assets, Net Losses, Exceptions, etc.), profitability and growth of the total business loan portfolio for the assigned Credit Officer’s applicable business reporting unit or segment. The Senior Credit Officer II is responsible for ensuring execution of sound risk management practices as part of the 2nd Line of Defense, including communication of applicable information to maintain an environment of risk ownership and awareness.

The position reports to a Corporate Bank Credit Division Manager.

• Responsible for the overall creditworthiness of loan transactions within the assigned business reporting unit or segment
• Manages applicable credit exposure to ensure adherence to Region’s Risk Appetite Statement and to all asset quality, diversification, and exposure parameters
• Communicates and demonstrates sound risk management practices in order to maintain an environment of risk ownership and accountability
• Exhibits accountability for the quality and profitability (return relative to risk) associated with transactions and credit portfolios within the assigned business unit or segment
• Partners and consults with subject matter experts for leveraged lending, sponsor-backed and specialized industries loan transactions
• Coordinates with multiple constituencies to improve efficiency, effectiveness, productivity and/or controls throughout the Credit/Underwriting process
• Leads a team of Credit Officers overseeing credit quality, profitability and growth for geographic territories or defined segments within a business unit.
• Provides leadership and accountability for teams relative to day-to-day responsibilities, building the best team and continuous improvement
• Serves as Policy Editor for select policies under the purview of the respective Policy Executive and Policy Owner
• Provides input on revisions/amendments to existing credit reference guidance on standards, documentation requirements, and underwriting practices
• Serves as an additional trainer/mentor for Credit Products and Coverage teams for consistent application of sound underwriting practices
• Serves on ad hoc projects as a contributing member or project leader

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.

• Bachelor’s degree in related field
• Twelve (12) years of related experience

• Completion of a formal credit training program

• Broad knowledge of all credit disciplines and business strategy
• Excellent verbal and written communication skills
• Excellent organizational and time management skills
• Excellent analytical and quantitative skills
• Skilled in applicable computer software
• Demonstrated leadership competency

Ideal candidates will demonstrate proficiency in commercial real estate analysis with an emphasis on the multifamily sector to execute against the following specific requirements:

• Review and approve agency loan requests across conventional, affordable and small dollar transactions – demonstrated experience with Fannie Mae / Freddie Mac multifamily conventional, affordable and/or small dollar loan programs is essential
• Provide effective challenge during the underwriting and structuring process to ensure compliance with risk appetite, established policy and underwriting standards
• Monitor performance of the Real Estate Capital Markets portfolio by review and approval of portfolio and asset watchlist reports, action plans and risk ratings
• Partner with associates across Real Estate Capital Markets to identify, monitor, mitigate and report existing and emerging portfolio and industry risks while supporting growth and business strategy
• Develop and maintain a deep understanding of Fannie Mae and Freddie Mac multifamily investment parameters and loan requirements in order to effectively assess distribution risks when approving transactions, monitoring portfolio performance and revising loan policies and underwriting standards
• Participate in periodic credit reviews, internal…