Senior Credit Officer
Regions Financial Corporation, Houston, TX, United States
Job Description
At Regions, the Senior Credit Officer I position is accountable for the credit quality (past dues, NPA, criticized assets, net losses, exceptions, etc.), profitability and growth of the total business loan portfolio in the assigned Credit Officer’s applicable business reporting unit or segment. The Senior Credit Officer I is responsible for execution of sound risk management practices as part of the 2nd Line of Defense, including communication of applicable information to maintain an environment of risk ownership and awareness. The position reports to a Corporate Bank Credit Division Manager or Senior Credit Officer.
Primary Responsibilities
Responsible for the overall creditworthiness of loan transactions within the assigned business reporting unit or segment
Manages applicable credit exposure to ensure adherence to Region’s Risk Appetite Statement and all asset quality, diversification, and exposure parameters
Communicates and demonstrates sound risk management practices to maintain an environment of risk ownership and awareness
Exhibits accountability for the quality and profitability (spread relative to risk) of the assigned business unit or segment
Partners and consults with subject matter experts for leveraged lending, sponsor‑backed, and specialized industry loan transactions, as applicable
Coordinates with multiple business unit constituents to improve efficiency, effectiveness, productivity and/or controls throughout the Credit/Underwriting process
Serves as Policy Author for select policies under the purview of the respective Policy Executive, Policy Owner and Policy Editor, as applicable
Provides input on revisions/amendments to existing credit reference guidance on standards, documentation requirements, and underwriting practices
Serves as an additional trainer/mentor for Credit Products and Coverage teams for consistent application of sound underwriting practices
Serves on ad hoc projects as a contributing member or project leader
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 related field
Ten (10) years of related experience
Preferences
Completion of a formal credit training program
Skills and Competencies
Broad knowledge of all credit disciplines and business strategy
Excellent communication skills
Excellent organizational and time management skills
Excellent analytical skills
Skilled in applicable computer software
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 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.
Job Range Target
Minimum: $167,329.47 USD
Median: $229,299.00 USD
Incentive Pay Plans
This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance. Opportunity to participate in the Long Term Incentive Plan.
Benefits Information
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
Note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.
Location Details
Greenway Plaza
Location
Houston, Texas
Equal Opportunity Employer/including Disabled/Veterans
#J-18808-Ljbffr
At Regions, the Senior Credit Officer I position is accountable for the credit quality (past dues, NPA, criticized assets, net losses, exceptions, etc.), profitability and growth of the total business loan portfolio in the assigned Credit Officer’s applicable business reporting unit or segment. The Senior Credit Officer I is responsible for execution of sound risk management practices as part of the 2nd Line of Defense, including communication of applicable information to maintain an environment of risk ownership and awareness. The position reports to a Corporate Bank Credit Division Manager or Senior Credit Officer.
Primary Responsibilities
Responsible for the overall creditworthiness of loan transactions within the assigned business reporting unit or segment
Manages applicable credit exposure to ensure adherence to Region’s Risk Appetite Statement and all asset quality, diversification, and exposure parameters
Communicates and demonstrates sound risk management practices to maintain an environment of risk ownership and awareness
Exhibits accountability for the quality and profitability (spread relative to risk) of the assigned business unit or segment
Partners and consults with subject matter experts for leveraged lending, sponsor‑backed, and specialized industry loan transactions, as applicable
Coordinates with multiple business unit constituents to improve efficiency, effectiveness, productivity and/or controls throughout the Credit/Underwriting process
Serves as Policy Author for select policies under the purview of the respective Policy Executive, Policy Owner and Policy Editor, as applicable
Provides input on revisions/amendments to existing credit reference guidance on standards, documentation requirements, and underwriting practices
Serves as an additional trainer/mentor for Credit Products and Coverage teams for consistent application of sound underwriting practices
Serves on ad hoc projects as a contributing member or project leader
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 related field
Ten (10) years of related experience
Preferences
Completion of a formal credit training program
Skills and Competencies
Broad knowledge of all credit disciplines and business strategy
Excellent communication skills
Excellent organizational and time management skills
Excellent analytical skills
Skilled in applicable computer software
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 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.
Job Range Target
Minimum: $167,329.47 USD
Median: $229,299.00 USD
Incentive Pay Plans
This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance. Opportunity to participate in the Long Term Incentive Plan.
Benefits Information
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
Note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.
Location Details
Greenway Plaza
Location
Houston, Texas
Equal Opportunity Employer/including Disabled/Veterans
#J-18808-Ljbffr