Private Wealth Management Credit Portfolio Manager

About the role

The Private Wealth Management Credit Portfolio Manager at Regions is responsible for analyzing, underwriting, and negotiating credit decisions for Private Wealth Management (PWM) credit requests. This position serves on the First Line of Defense and analyzes new PWM credit and underwrites new or renewed credit exposure. The role gathers information and performs in-depth research to identify, quantify, and mitigate underwriting risk.

Responsibilities

• Reviews more complex and customized Private Wealth transactions above a designated threshold against Regions' credit standards, validates the appropriate risk rating, and recommends credit decisions with limited oversight from management
• Structures PWM credit products to both competitively meet unique PWM client credit needs and minimize credit risk with limited oversight
• Prepares credit packages for new and renewed debt products including performing credit underwriting, analyzing financial statements and projections, utilizing financial models, determining appropriate risk rating, and identifying and mitigating credit risks
• Maintains and manages the credit exposure within Regions' Private Wealth portfolio and identifies opportunities for exposure reduction or new credit opportunities with some guidance from management
• Monitors and manages the credit exposure within Regions' Private Wealth portfolio and identifies opportunities for exposure reduction or new credit opportunities with some guidance from management
• Manages and conducts timely and ongoing portfolio monitoring and servicing activities for an assigned portfolio
• Manages past due and maturing loans and workflow for an assigned portfolio
• Ensures compliance with internal bank PWM, commercial loan policy, and consumer loan policy, credit risk appetite, and external regulatory requirements
• Documents exceptions to credit policy and related rationale/risk mitigation with limited oversight
• Affirms risk issues using standard procedures and makes sound decisions
• Engages with WAs and LAs for assigned portfolio, actively in client planning and deal structuring by leading deal discussions and negotiations
• Participates in pricing decisions for PWM credit solutions
• Reviews loan documents for accuracy prior to closing
• May provide coaching and mentorship for other team members and field partners
• Consults with both internal and external clients on PWM credit solutions

Requirements

• Bachelor’s degree in finance, accounting, or related field
• Five (5) years of experience in commercial or PWM underwriting
• Prior experience with the Individual Rating Model in Moody’s Risk Analyst (MRA)
• Successful completion of Moody’s online credit training or other major corporate credit training program

Preferences

• Commercial or Private Wealth management underwriting experience
• Knowledge of both Consumer and Commercial Loan Products and Compliance issues

Skills and Competencies

• Ability to multi-task and meet deadlines
• Excellent Excel and MRA spreadsheet skills
• Strong analytical and problem-solving skills
• Strong attention to detail
• Strong verbal, written communication, and organizational skills