Job Description:At Regions, the Credit Products Commercial Banking Group Manager leads a broad team of first line associates supporting Diversified Industries, Specialized Industries, Regions Equipment Finance Company, and various segments within Real Estate Banking. The Commercial Credit Products team is focused on delivering credit products and managing the commercial loan portfolio by applying policies, processes, and tools in support of the risk management process. This ensures a consistent and standard approach to Commercial Banking underwriting and portfolio management processes including risk rating accuracy. In addition to asset quality, the Credit Products Commercial Banking Group Manager drives loan production responsibly.
Primary Responsibilities- Develops and manages key performance indicators within Middle Market for approval document quality, credit servicing quality, and credit approval turnaround time
- Acts as a Liaison to Credit Review, Risk Management, and Audit for identification of any weaknesses in the risk management practices of Middle Market teams
- Hires, develops, coaches, manages and mentors team leaders who, in turn, hire, develop, coach, manage, and mentor Credit Products associates supporting underwriting and portfolio management activities
- Ensures that Regions is building the best team of associates who have skills, desire, experience and training to create a sufficiently deep bench
- Creates and maintains strong working relationships with key stakeholders including Middle Market Executives, Credit Officers, Client Coverage Teams, Capital Markets, Senior Leadership, and Human Resources
- Ensures new loans and renewals are underwritten to prudent risk standards and is in compliance with the loan policy and the credit risk management policy
- Serves in a leadership position for all risk management initiatives and activities regarding Middle Market
- Serves as a coaching resource around client selectivity, loan structuring, underwriting, servicing and risk rating
- Leads credit product activity delivery and support for Middle Market
- Serves periodically on committees/task forces/groups 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
- Fifteen (15) years of commercial banking/commercial credit experience
- Six (6) years of managerial experience
- Completion of a major corporate credit training program or the equivalent corporate banking/corporate finance experience
- Significant accounting, finance and capital markets knowledge
Preferences- Master's of Business Administration or a related degree
Skills and Competencies- Ability to lead and coach
- Broad knowledge of all credit disciplines and business strategy
- Demonstrated self-starter with strong work ethic
- Excellent analytical and problem-solving skills
- Excellent communication and interpersonal skills
Position TypeFull time
Compensation DetailsPay 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:$271,316.00 USD
Median:$327,642.00 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.Opportunity to participate in the Long Term Incentive Plan.
Benefits InformationRegions 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
Location DetailsCharlotte Uptown
Location:Charlotte, North Carolina
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.
