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.
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Job Description:
At Regions, the Private Wealth Management Credit Portfolio Manager is responsible for analyzing, underwriting, and negotiating credit decisions for standards Private Wealth Management (PWM) credit requests submitted by Private Wealth and Lending Advisors. This position will serve on the First Line of Defense and will analyze new Private Wealth Credit and underwrite new or renewed credit exposure. The role will gather information and preform in-depth research to identify, quantify, and mitigate underwriting risk inherent to extending the bank's capital. This role will be expected to develop strong working relationships with client management, internal teammates, credit officers, and other bankers.
Primary Responsibilities
Reviews more complex and customized Private Wealth transactions above a designated threshold against Regions' credit standards, validates the appropriate risk rating, and recommends credit decision with limited oversight from management
Structures PWM credit products to both competitively meet unique PWM client credit needs and minimize credit risk with limited oversight
Prepares credit packages for new and renewed debt products including performing credit underwriting, analyzing financial statements and projections, utilizing financial models, determining appropriate risk rating, and identifying and mitigating credit risks
Monitors and manages the credit exposure within Regions' Private Wealth portfolio and identifies opportunities for exposure reduction or new credit opportunities with some guidance from management
Manages and conducts timely and ongoing portfolio monitoring and servicing activities for an assigned portfolio
Manages past due and maturing loans and workflow for an assigned portfolio
Ensures compliance with internal bank PWM, commercial loan policy, and consumer loan policy, credit risk appetite, and external regulatory requirements
Documents exceptions to credit policy and related rationale/risk mitigation with limited oversight
Assesses risk issues using standard procedures and makes sound decisions
Engages with WAs and LAs for assigned portfolio, active in client planning and deal structuring by leading deal discussions and negotiations
Participates in pricing decisions for PWM credit solutions
Reviews loan documents for accuracy prior to closing
May provide coaching and mentorship for other team members and field partners
May consult with both internal and external clients on PWM credit solutions
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 related field
Five (5) years of experience in commercial or PWM underwriting
Preferences
Commercial or Private Wealth management underwriting experience
Knowledge of both Consumer and Commercial Loan Products and Compliance issues
Prior experience with the Individual Rating Model in Moody's Risk Analyst (MRA)
Successful completion of Moody's online credit training or other major corporate credit training program
Skills and Competencies
Ability to multi-task and meet deadlines
Ability to work collaboratively with multiple stakeholders
Excellent Excel and MRA spreadsheet skills
Strong analytical and problem-solving skills
Strong attention to detail
Strong verbal, written communication, and organizational skills
*This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.*
Position Type
Full time
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for 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.
We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.
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.
