Credit Products Leveraged Finance Associate

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Job Description:

At Regions, the Credit Products Leveraged Finance Associate supports Leveraged Finance Credit Products Manager(s) in identifying and mitigating risks in existing and proposed credit products. 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 Credit Products 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 the Credit Products Manager with review of loan documents pre-closing

• Reviews closing due diligence in collaboration with and oversight by Credit Products Manager

• Maintains 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)

• Implements and maintains ticklers

• Monitors and services portfolio in conjunction with Shared Services 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

• 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 provides 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 related field

• Two (2) years of underwriting experience or financial services analysis and accounting experience

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

Required Certifications/Licensures 

• Completion of a major corporate credit training program (or the equivalent corporate banking/corporate finance experience)

Skills and Competencies

• Ability to identify and voice issues

• Demonstrates analytical and problem solving skills

• Strong verbal and written communication skills

• Well organized, detail-oriented, and is able to multi-task

• Works collaboratively with multiple stakeholders