Credit Products Diversified and Specialized Group Manager

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.

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.

At Regions, the Credit Products Diversified and Specialized Group Manager oversees the Diversified and Specialized Credit Products teams. These teams are responsible for operating in a client-facing capacity with the coverage team on the extension of credit products transactions to meet client needs. The incumbent will lead a team of managers to direct the proper execution of all group functions including the application of policies, processes and tools that ensure a consistent, standard approach to the Diversified and Specialized Industries’ credit process, risk rating and monitoring of credit risk in the loan portfolio.

Primary Responsibilities

• Assumes complete ownership of Diversified and Specialized Credit Products business and business direction: executing growth initiatives, ensuring CBG strategic alignment, and defining strategies to drive profitability
• Manages and provides regular guidance, coaching, and support to a team of Credit Products Diversified and Specialized team managers
• Ensures the strategic development and direction of the Diversified and Specialized Credit Products group by providing leadership that drives growth, operational efficiency, and team alignment
• Develops and monitors Key Performance Indicators for approval document quality, credit servicing quality, and credit approval turnaround time – launching process improvement initiatives when necessary
• Serves as a coaching resource around client selectivity, loan structuring, underwriting, servicing, and risk rating
• Supports, communicates and leads new risk management initiatives in partnership with Risk and Compliance
• Implements proper oversight and partnership with fulfillment to ensure loans are properly coded, booked and documented in accordance with approval
• Continuously recruiting and building bench strength for the Credit Products Diversified and Specialized group
• Creates and maintains strong working relationships with Key Stakeholders including Credit Products Leaders, Credit Officers, Client Coverage Teams, Capital Markets, Corporate & Leveraged Lending, Senior Leadership and Human Resources
• Acts as a liaison to Credit Review, Risk Management and Audit for identification of any weaknesses in the risk management practices of Credit Products Diversified and Specialized Industries teams
• Ensures timeliness and accuracy of risk rating and develops a dynamic risk rating culture
• Serves in a leadership position for all risk management initiatives and activities

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.

This is a single incumbent position.

Requirements

• Bachelor's degree, preferably in Business Administration, Accounting, or Finance
• Fifteen (15) years of commercial underwriting, financial analysis, and portfolio management, risk management or relationship management experience
• Five (5) years coaching, leadership, and/or management experience
• Legal documentation experience

Preferences

• Completion of a corporate credit training program (or equivalent corporate banking/finance)
• Master’s of Business Administration (MBA)

Skills and Competencies

• Ability to lead and coach
• Analytical and problem solving skills
• Broad knowledge of all credit disciplines and business strategy
• Demonstrated self-starter with strong work ethic
• Excellent communication and interpersonal skills
• Significant accounting, finance and capital markets knowledge

Position Type

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:

Median:

Incentive Pay Plans:

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible 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.

https://www.regions.com/about-regions/welcome-portal/benefits

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.