Regions Business Capital Underwriter

About the role

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 transactions
• 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

Requirements

• Bachelor’s degree in Finance, Accounting or a related field
• Seven (7) 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