Senior Credit Officer

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Job Description:

At Regions, the Senior Credit Officer I 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 in the assigned Credit Officer’s applicable business reporting unit or segment.  The Senior Credit Officer I  is responsible for 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 or Senior Credit Officer.

Primary Responsibilities

• 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 awareness
• Exhibits accountability for the quality and profitability (spread relative to risk) of the assigned business unit or segment
• Partners and consults with subject matter experts for leveraged lending, sponsor-backed and specialized industries loan transactions, as applicable
• Coordinates with multiple business unit constituents to improve efficiency, effectiveness, productivity and/or controls throughout the Credit/Underwriting process
• Serves as Policy Author for select policies under the purview of the respective Policy Executive, Policy Owner and Policy Editor, as applicable
• 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.

Requirements

• Bachelor’s degree in related field
• Ten (10) years of related experience

Preferences

• Completion of a formal credit training program

Skills and Competencies

• Broad knowledge of all credit disciplines and business strategy 
• Excellent communication skills 
• Excellent organizational and time management skills 
• Excellent analytical skills 
• Skilled in applicable computer software

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:

$167,329.47 USD

Median:

$229,299.00 USD

Incentive Pay Plans:

This role is eligible to participate in the annual discretionary incentive plan. Employees are