Job Description:At Ascentium Capital, the Credit Analyst evaluates commercial loan applications for new loan transactions as well as for processing annual loan reviews on existing borrowers.
Ascentium Capital, a division of Regions Bank, provides convenient access to financing for business equipment and technology and serves small organizations to Fortune 500 companies with programs that benefit manufacturers, distributors and direct to businesses nationwide. Our finance specialization covers several segments, including technology, healthcare, hospitality, franchise, commercial vehicles, and other markets. We strive to be the premier provider of customized finance programs that add value to our customers' businesses.
Primary Responsibilities
- Reviews and analyzes complex credit information in order to make appropriate credit decisions within established policies and regulations
- Initiates, completes, and submits accurate credit-related reports and documentation on a timely basis in accordance with established business processes and assists the origination channels in achieving business goals and objectives
- Participates in the development, implementation, and maintenance of uniform credit policies and procedures to ensure consistency and enhance external and internal customer satisfaction
- Orders and reviews loan documentation and researches any issues as needed
- Gathers and maintains financial background information on present and prospective customers and develops credit studies for loan officers and committees as needed
- Develops, implements, and maintains uniform credit policies and procedures to ensure consistency and enhance external and internal customer satisfaction
- Works closely with the senior executives on all business opportunities and issues related to credit policies and credit decisions
- Coordinates communication between the sales team, potential customers, and the review committee on credit, underwriting, and funding related issues
- Works in conjunction with the appropriate managers and executives to support each business units' performance goals and service standards
- Provides recommendations and feedback regarding continuous improvement opportunities
- Works under limited supervision following established guidelines and procedures
- Provides advice and guidance to junior specialists 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 Business Administration, Finance, or a related field
- Seven (7) years of experience in commercial/bank underwriting or related experience
Preferences
- Experience with Fair Isaac credit models
- Completion of a formal bank underwriting training
Skills and Competencies
- Ability to learn additional systems as needed
- Ability to manage multiple priorities
- Ability to research, analyze data, and derive facts
- Ability to work in a team environment when applicable
- Ability to work under pressure and meet deadlines
- Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
- Strong attention to detail and proof-reading skills
- Strong skills in calculating financial ratios
- Strong understanding of personal and business credit reports
- Strong verbal, written communication, and organizational skills
- Strong work ethic and self-motivation
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:
$87,335.08 USD
Median:
$115,861.80 USD
Incentive Pay Plans:
This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for 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.
Location DetailsAscentium Kingwood
Location:Kingwood, Texas
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.
