Specialized Corporate Senior Credit Officer - Commercial Leveraged Finance

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At Regions, the Specialized Corporate Senior Credit Officer (SCO) 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 Specialized LOB/Industry Vertical.  The Specialized Corporate Senior Credit Officer ensures and is responsible for execution of sound risk management practices as part of the 2nd Line of Defense. The position will be assigned to one of the specialized industries teams, such as Health Care, Tech & Defense, Transportation & Logistics, Financial Services, Energy, etc. The Specialized Corporate Senior Credit Officer serves as a subject matter expert and internal resource for Corporate Bank lending transactions where Senior Credit Officer approval is required and ensures sound risk management practices are applied to all related transactions. The position reports to a Corporate Bank Credit Division Manager.

Primary Responsibilities

• Responsible for the overall creditworthiness of loan transactions within the assigned Specialized LOB/Industry vertical portfolio
• Manages the Specialized LOB/Industry vertical’s credit exposure to ensure adherence to Region’s Risk Appetite Statement and to all asset quality, diversification, and exposure parameters
• Reports to Credit Division Executive and Executive management (when needed) and is accountable for the quality and profitability (return relative to risk) of the Specialized LOB/Industry vertical’s loan portfolios
• Serves as Policy Author to relevant policies under the Senior Credit Officer’s purview and routinely provides input to credit policy group(s) on revisions/amendments to existing standards, documentation requirements, and underwriting guidance
• Prepares a quarterly Credit Officer Summary Report discussing the risk, trends, and priority activities within the specialty group
• Partners with multiple Corporate Banking Group lines of business to improve efficiency, effectiveness, productivity and/or control throughout the Credit/Underwriting process
• Serves as an additional trainer/mentor for the respective Credit Products and Coverage teams to provide training and coaching to ensure consistent, sound underwriting practices 
• Serves as a member of or project lead for various ad-hoc projects as needed

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
• Deep sector/industry knowledge

Preferences

• Completion of a formal Credit Training Program

Skills and Competencies

• Excellent communication skills
• Excellent organizational and time management skills
• Excellent analytical and quantitative skills
• Excellent verbal, written communication, and organizational skills
• Skilled in applicable computer software

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.