Account Executive - RBC

Employer: Republic Business Credit, a subsidiary of Renasant Bank

This position serves Republic Business Credit which is a subsidiary of Renasant Bank. The primary responsibilities of this position are to ensure the performance of an assigned group of recourse factoring loans are sound and that Republic Business Credit's ("RBC") management of loans is following credit policy, operating conditions, and approval conditions as set out in the Client Credit Committee Approval ("CCCA") document (or as amended by subsequent client reviews and amendments) - collectively "Credit Standards". This position will provide an effective and service-orientated interaction with recourse factoring borrowers. This position will be responsible for identifying, managing and assisting in the resolution of escalated risk issues within the assigned group of recourse factoring loans and bring issues to the Portfolio Manager's attention as required by Credit Standards.

REPUBLIC BUSINESS CREDIT AND RENASANT BANK ARE EQUAL OPPORTUNITY EMPLOYERS

To oversee the management of the assigned group of recourse factoring loans in line with Credit Standards:
• Ensure all policy exceptions are reviewed and approved in line with Credit Standards including the approval of the Credit Committee as appropriate
• Identify risk issues through various means of monitoring and analysis, to include but not be limited to collateral performance analysis, financial statement analysis, bank statement reviews, legal documentation reviews, and field examination report reviews
• Address risk issues as per authorities in the Credit Standards, bringing them to the immediate attention of the Portfolio Manager (and / or senior management as required) if prompt action is required or raising them as a review matter in the regular Portfolio review meetings
• Ensure all operating and/or funding conditions are complied with for new and existing clients
• Liaise with and support the Portfolio Manager for ongoing compliance matters
• Liaise with field examiners, appraisers, attorneys, and other third parties as required to ensure thorough and accurate work products as well as prudent decision making
• Ensure any client accommodation is documented and executed within the terms of the Credit Standards and is prudent. The Account Executive will recommend support for or lack thereof for client over-advances and credit amendments in respect of the performance of the client and the client's collateral
• Review verification levels of the assigned group of recourse factoring loans and ensure they are in line with Credit Standards, providing guidance for direct targeting of verification activity as necessary to achieve desired levels
• Ensure the appropriate scheduling of appraisals and field examinations and their timely review
• Perform thorough client reviews on time, as scheduled, and as required by Credit Standards, raising areas of concern and providing recommendations for action
• Travel by car and/or plane to visit other RBC office locations and clients
• Present in monthly meetings the status of the assigned group of recourse factoring loans to the Portfolio Manager and COO identifying any material client issues and recommend operational strategy in response thereto
• Perform other related duties as needed
• Work in the office as scheduled or otherwise required by the Portfolio Manager or COO, which is expected to be a minimum of three days a week, Tuesday through Thursday, and as business needs arise

• Bachelor's degree or equivalent work experience
• 2 years of financial, credit or loan support experience
• 3 to 5 year Factoring experience preferred
• Strong communication skills
• Strong organizational skills
• Ability to handle clients in a robust but professional manner
• Ability to meet deadlines, manage expectations, and handle multiple priorities simultaneously
• Ability to work with a computer and browser-based platforms as well as various software including but not limited to Word, Excel, Google Sheets, Adobe, Zoom, and Teams
• Strong Microsoft Excel skills
• Strong Problem-solving skills and ability to recommend appropriate solutions
• Ability to work independently and yet collaborate in a team environment
• Effective interpersonal skills with strong oral and writing skills
• Ability to travel, including overnight

Physical Demands

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand or sit; kneel, stoop, or squat; use hands or fingers to handle or feel objects, tools or controls; reach with hands and arms, and talk or hear. The employee is occasionally required to walk. The employee must occasionally lift and /or move up to 25 pounds. Specific vision abilities required by this job include close vision, peripheral vision, depth perception and the ability to focus.

Work Environment

The Bank's professional working environment requires employees to communicate effectively, both verbally and in writing. Employees must demonstrate strong interpersonal skills when working closely with internal business partners and external clients. Employees may be exposed to confidential and propriety information within the working environment, therefore, must uphold confidentiality at all times.

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. The principal duties and responsibilities enumerated are all essential job functions except for those that begin with the word "May".

This job description is intended to describe the normal level of work required by the person performing the work. The principle duties outlined are the essential responsibilities and duties. Other duties may be assigned as needs arise. Job requirements and/or processes may be modified to reasonably accommodate persons with a disability as required by law.

This description is not intended as a contract and is subject to change. Any written contractual agreements supersede this job description.