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Commercial Credit Services Credit Analyst
Regions Financial
Hoover, AL, United States
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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.
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Job Description:
At Regions, the Commercial Credit Services Credit Analyst provides Portfolio Management and Underwriting support for the Credit Products Group. Underwriting support includes financial statement spreading, Global Cash Flow analysis, and Credit Approval Package preparation. The analyst may also execute various credit servicing activities, including covenant testing, risk rating assessments, and formal documentation of Ongoing Monitoring and Periodic Assessment actions. The Commercial Credit Services Credit Analyst will exercise independent judgment in servicing and risk rating assessments.
Primary Responsibilities
• Spreads borrower interim and year-end financial statements in Moody’s Risk Analyst (MRA) (and potentially in other software programs as well, if applicable)
• Prepares Global Cash Flow analysis
• Tests interim and year-end covenant compliance calculations
• Tests interim and year-end benchmarks (if applicable)
• Spreads and analyzes guarantor financial information
• Prepares risk rating models on borrowers and guarantors
• Prepares Ongoing Monitoring packages and Periodic Assessment packages
• Prepares certain sections and appendices of Credit Approval Packages
• Assesses borrower request to determine appropriate underwriting channel
• Prepares tenant analysis in CRE transactions (when tenant is not borrower).
• Works collaboratively with multiple stakeholders including credit officers and relationship managers
• Exercises independent judgment and finalizes risk rating decisions.
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 accounting, finance or related field (four (4) years of commercial loan underwriting, analysis or portfolio management experience may be substituted for a bachelor's degree)
• Two (2) years of commercial loan underwriting, analysis or portfolio management experience
Skills and Competencies
• Strong verbal and written communication skills
• Well organized, detail-oriented, and ability to multi-task
• Strong analytical and problem solving skills
• Demonstrated mastery of commercial credit analysis skills and ability to spread financial statements and monitor credit information with limited review and oversight
Location:
Hoover, Alabama
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