Credit Products Specialized Industries Associate - Oil & Gas

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.Job Description:At Regions, the Credit Products Specialized Industries Associate supports Credit Products Specialized Industries Managers in identifying and mitigating risks in existing and proposed credit products. As a member of the First Line of Defense, this role analyzes new commercial credit opportunities, underwrites new or renewed credit exposure, and manages a portfolio of loans and other credit relationships in conjunction with a manager. Primary ResponsibilitiesPrepares credit approval packages on new and renewed credit products including determination of the appropriate risk rating as well as risk factors that could change the risk rating, analysis of financial performance, performance vs. projections, covenant compliance, relationship profitability (RAROC), and any other significant risk driversAnalyzes guarantors as needed to support credit underwritingAssists Credit Products Specialized Industries Managers with the review of pre-closing loan documents and closing due diligenceManages financial reporting requirements, covenant requirements, past dues and documentation exceptionsEnsures credit files are complete with all up to date informationProvides tickler implementation and maintenanceMonitors portfolios and servicing activities in conjunction with Credit Products supportValidates the appropriate risk rating for a company and proactively identifies risk rating changesIdentifies opportunities for exposure reduction or new opportunities within assigned portfolioParticipates in research, preparation and execution of customer and prospect callsParticipates in identifying financial solutions that meet the client’s needs and the Bank’s risk acceptance criteriaEnsures compliance with internal bank commercial loan policy, credit risk management policy, and external regulatory requirements; documents any exceptions to policy and related rationale/mitigantsThis 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 fieldTwo (2) years of underwriting experience or financial services analysis and accounting experienceCompletion of a major corporate credit training program (or the equivalent corporate banking/corporate finance experience)Ability to competently complete credit packages and credit services agreements with management oversightSkills and Competencies Ability to identify and voice issues; self-initiates discussionsAbility to perform quality analysis and display competency in completion and oversight of client portfolio management activitiesExcellent verbal and written communication skillsStrong analytical and problem solving skillsWell organized, detail-oriented, and ability to manage and/or lead multiple projects under pressureWorks collaboratively with multiple stakeholdersThis position may be filled at a higher level depending on the candidate's qualifications and relevant experience.Oil & Gas experience preferred.Position TypeFull timeCompensation 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:$104,034.08 USDMedian:$136,918.50 USDIncentive 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 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 Time401K with Company MatchMedical, Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer ProgramPlease 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 DetailsGreenway PlazaLocation:Houston, TexasEqual Opportunity Employer/including Disabled/VeteransJob 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.SummaryLocation: Houston, TX - Regions Houston Headquarters OfficeType: Full time