Credit Products Specialized Industries Associate - Oil & Gas

Thank you for your interest in a career  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 Credit Products Specialized Industries Associate supports Credit Products Specialized Industries Managers in identifying and mitigating risks in existing and proposed credit products. As a member of the First Line of Defense, this role analyzes new commercial credit opportunities, underwrites new or renewed credit exposure, and manages a portfolio of loans and other credit relationships in conjunction with a manager.

Primary Responsibilities Prepares credit approval packages on new and renewed credit 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

Analyzes guarantors as needed to support credit underwriting

Assists Credit Products Specialized Industries Managers with the review of pre-closing loan documents and closing due diligence

Manages financial reporting requirements, covenant requirements, past dues and documentation exceptions

Ensures credit files are complete with all up to date information

Provides tickler implementation and maintenance

Monitors portfolios and servicing activities in conjunction with Credit Products support

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

Participates in research, preparation and execution of customer and prospect calls

Participates in identifying financial solutions that meet the client’s needs and the Bank’s risk acceptance criteria

Ensures compliance with internal bank commercial loan policy, credit risk management policy, and external regulatory requirements; documents any exceptions to policy and related rationale/mitigants

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.

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)
Ability to competently complete credit packages and credit services agreements with management oversight

Skills and Competencies Ability to identify and voice issues; self-initiates discussions

Ability to perform quality analysis and display competency in completion and oversight of client portfolio management…