Job Description:At Regions, the Credit Products Commercial Portfolio Management Leader leads a team of Credit Products Commercial Portfolio Managers and Analysts. This role manages the portfolio management pipeline for new and renewing credit, overseeing workflow management, issue resolution, and proactive communication with key stakeholders.
Primary Responsibilities- Ensures new loans and renewals are underwritten to prudent risk standards and are in compliance with the commercial loan policy and the credit risk management policy
- Supports, communicates and leads new risk management initiatives in partnership with Credit Products Risk Compliance
- Serves as a coaching resource around client selectivity, loan structuring, underwriting, servicing and risk rating
- Maintains limited client portfolio direct management
- Hires/develops/coaches/manages Credit Products personnel
- Ensures Regions is building the best team and a bench to replace talent at all levels as needed
- Creates and maintains strong working relationships with key stakeholders including Credit Products Managers, Credit Products Associates, Credit Officers, Coverage Bankers, Business Unit Leadership, Geography Leadership and Human Resources
- Maintains a strong culture of risk rating accuracy and timeliness and leads the ongoing evaluation and dynamic management of risk ratings
- Ensures credit monitoring and servicing is timely and accurate
- Partners with Credit Officers to serve as Area or Group point of contact for Credit Review, Problem Asset Management, and internal and external auditors in partnership with the Credit Products Risk Compliance Group
- Assumes overall responsibility for all underwriting and portfolio management functions within the team
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 a related field
- Ten (10) years of commercial/corporate banking experience
Required Certifications/Licensures- Completion of a major corporate credit training program (or the equivalent corporate banking/corporate finance experience)
Preferences- Significant accounting, finance and capital markets knowledge and commercial banking experience
- Two (2) years of coaching, leadership, and/or management experience
Skills and Competencies- Ability to build a cohesive team that incorporates core values and creates a motivational environment that achieves business and credit risk goals
- Ability to lead and coach
- Demonstrated self-starter with a strong work ethic
- Excellent interpersonal, problem solving, multi-tasking, and time management skills
- Excellent verbal and written communication skills
- Strong working knowledge of the group's emerging and key risks
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:$174,987.12 USD
Median:$219,744.00 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 DetailsDallas Uptown
Location:Dallas, 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.
