Job Description:At Regions, a Regions Business Capital Underwriter serves in a client-facing role, conducting and evaluating new corporate and commercial loans. This role works directly with Origination, Credit Risk, Client Coverage, Capital Markets, and other areas of the bank to lead the analysis of credit opportunities, and underwriting of credit exposure while seamlessly delivering value to Regions' prospects and customers, balancing the risk tolerance of Regions Business Capital with new business objectives and client retention.
Primary Responsibilities- Leads the credit process to ensure that transactions are reviewed thoroughly, in a timely manner and that internal policies and procedures are adhered to
- Conducts an assessment for borrower risk profile, financial performance, collateral strength, industry position and overall credit worthiness independently
- Balances the risk tolerance of business objectives and client acquisition
- Works closely with Origination to structure proposed transaction
- Screens new opportunities and underwrites asset-based loans, ensuring behaviors drive a positive customer experience
- Identifies and mitigates risks relative to each transaction independently, considering its size and complexity
- Leads and owns the underwriting process to ensure expeditious execution of new business transactions in-line with client's expectations and business risk tolerance and guidelines
- Acts as the central "hub" with origination and credit risk
- Supports strong working relationships with key internal partners
- Prepares comprehensive and objective memos and models analyzing historical and projected financial performance, collateral quality, borrowing base structure, industry characteristics, capital structure, and other credit attributes
- Presents findings and recommendations to Senior Management and Credit Committee
- Engages in loan documentation and closing activities with borrower, counsel and relationship management
- Includes direct or indirect supervision and direction of the day-to-day activities of junior professionals
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 Finance, Accounting or a related field
- Nine (9) years of underwriting and/or portfolio management experience
Skills and Competencies- Ability to manage the execution of multiple complex transactions simultaneously
- Ability to openly exchange ideas and opinions, elevate concerns, and follow policies and procedures as defined
- Ability to quickly develop working relationships with prospective borrowers and key referral sources (private equity firms, investment banks, bank groups, etc.) and to communicate at all levels
- Deep understanding of loan structuring, financial analysis, collateral analysis, legal documentation and industry considerations affecting transactions, including experience specific to asset based lending (ABL)
- Exercises independent judgment and applies prudent risk mitigation principles
- Extensive track record of underwriting, risk management, and/or relationship management, and closing loans
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:$171,256.47 USD
Median:$211,039.50 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 DetailsAtlanta Midtown
Location:Atlanta, Georgia
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.
