Ascentium Credit Manager
Regions Bank, Scottsdale, AZ, United States
Job Description
The Credit Manager leads a team of analysts responsible for evaluating commercial loan applications for new loan transactions and processing annual reviews of existing borrowers. As a division of Regions Bank, Ascentium Capital provides financing to businesses and serves a broad range of market segments, including technology, healthcare, hospitality, franchise, commercial vehicles, and other markets.
Primary Responsibilities
Leads the examination of credit risk and ensures proper risk‑management practices are in place and utilized effectively through ongoing monitoring activities, including identifying risk rating accuracy and policy compliance.
Serves as lead examiner on occasion for specific reviews/examinations, which may include activities such as proper sample selection, review team composition/logistics, data compilation and analysis, written report generation, and collaboration with unit management.
Provides continual feedback regarding existing or emerging risks or issues.
Actively identifies and mitigates risk in existing and proposed credit product transactions.
Maintains market knowledge of loan pricing and structural trends to match client needs with company credit product solutions.
Coaches associates around client selectivity, loan and lease structuring, underwriting, servicing and risk rating.
Oversees the hiring, training, development, and coaching of associates.
Works in conjunction with the appropriate managers and executives to support each business unit's performance goals and service standards.
May maintain limited client portfolio management, including portfolio reporting.
This position is exempt from time‑keeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
Requirements
Bachelor’s degree in Business Administration, Finance, or related field.
Five (5) years of experience in commercial/bank underwriting or related experience.
Preferences
Experience with Fair Isaac credit models.
Experience in formal bank underwriting training.
Management/supervisory experience.
Skills and Competencies
Ability to manage multiple priorities.
Ability to learn additional systems as needed.
Ability to research, analyze data, and derive facts.
Ability to work in a team environment when applicable.
Ability to work under pressure and meet deadlines.
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.).
Strong attention to detail and proof‑reading skills.
Strong skills in calculating financial ratios.
Strong understanding of personal and business credit reports.
Strong verbal, written communication, and organizational skills.
Strong work ethic and self‑motivation.
Position Type
Full time
Compensation Details
Pay ranges are job‑specific and are provided as a point‑of‑market reference for compensation decisions. Other factors which directly impact pay for individuals include experience, skills, knowledge, contribution, job location, and performance in the job role. As these factors vary by individual, pay will also vary among individual associates within the same job.
Job Range Target
Minimum: $111,342.23 USD
Median: $158,733.90 USD
Incentive 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 Information
Regions offers a benefits package that is flexible, comprehensive, and recognizes that "one size does not fit all" for benefits‑eligible associates.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
More information: https://www.regions.com/about-regions/benefits/benefits-eligibility
Location Details
Ascentium Dover
Dover, New Hampshire
Equal Opportunity Employer
Equal Opportunity Employer/including Disabled/Veterans
This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
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The Credit Manager leads a team of analysts responsible for evaluating commercial loan applications for new loan transactions and processing annual reviews of existing borrowers. As a division of Regions Bank, Ascentium Capital provides financing to businesses and serves a broad range of market segments, including technology, healthcare, hospitality, franchise, commercial vehicles, and other markets.
Primary Responsibilities
Leads the examination of credit risk and ensures proper risk‑management practices are in place and utilized effectively through ongoing monitoring activities, including identifying risk rating accuracy and policy compliance.
Serves as lead examiner on occasion for specific reviews/examinations, which may include activities such as proper sample selection, review team composition/logistics, data compilation and analysis, written report generation, and collaboration with unit management.
Provides continual feedback regarding existing or emerging risks or issues.
Actively identifies and mitigates risk in existing and proposed credit product transactions.
Maintains market knowledge of loan pricing and structural trends to match client needs with company credit product solutions.
Coaches associates around client selectivity, loan and lease structuring, underwriting, servicing and risk rating.
Oversees the hiring, training, development, and coaching of associates.
Works in conjunction with the appropriate managers and executives to support each business unit's performance goals and service standards.
May maintain limited client portfolio management, including portfolio reporting.
This position is exempt from time‑keeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
Requirements
Bachelor’s degree in Business Administration, Finance, or related field.
Five (5) years of experience in commercial/bank underwriting or related experience.
Preferences
Experience with Fair Isaac credit models.
Experience in formal bank underwriting training.
Management/supervisory experience.
Skills and Competencies
Ability to manage multiple priorities.
Ability to learn additional systems as needed.
Ability to research, analyze data, and derive facts.
Ability to work in a team environment when applicable.
Ability to work under pressure and meet deadlines.
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.).
Strong attention to detail and proof‑reading skills.
Strong skills in calculating financial ratios.
Strong understanding of personal and business credit reports.
Strong verbal, written communication, and organizational skills.
Strong work ethic and self‑motivation.
Position Type
Full time
Compensation Details
Pay ranges are job‑specific and are provided as a point‑of‑market reference for compensation decisions. Other factors which directly impact pay for individuals include experience, skills, knowledge, contribution, job location, and performance in the job role. As these factors vary by individual, pay will also vary among individual associates within the same job.
Job Range Target
Minimum: $111,342.23 USD
Median: $158,733.90 USD
Incentive 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 Information
Regions offers a benefits package that is flexible, comprehensive, and recognizes that "one size does not fit all" for benefits‑eligible associates.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
More information: https://www.regions.com/about-regions/benefits/benefits-eligibility
Location Details
Ascentium Dover
Dover, New Hampshire
Equal Opportunity Employer
Equal Opportunity Employer/including Disabled/Veterans
This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
#J-18808-Ljbffr