Debt Products Associate - Energy

Regions Bank

Houston, Texas Area

2016-09-12, 19:14:59

EXPIRED

Job Description

At Regions, the Debt Products Associate supports Debt Products Manager(s) in assessing the potential risks of existing and proposed transactions. As a member of the First Line of Defense, the individual will analyze new commercial credit opportunities, underwrite new or renewed credit exposure and manage a portfolio of loans and other credit relationships in conjunction with a Debt Products Manager. The successful candidate will gather information and perform in-depth research in order to identify, quantify and mitigate underwriting risk inherent in extending the bank’s capital. The candidate will be expected to develop strong working relationships with client management, internal teammates, credit officers, attorneys, auditors and other bankers. Depending on experience level, in addition to supporting the Debt Products Manager, this associate may be assigned credits for which they will have primary portfolio management, monitoring and oversight responsibilities. As a member of the Debt Products energy team in Houston, the Associate will help manage transactions across the oil & gas industry, though with a primary focus on upstream and midstream transactions. 

 

Primary Responsibilities

  • Preparation of credit packages (Prepares credit approval packages on new and renewed debt products including determination of the appropriate risk rating as well as risk factors that could change the risk rating, analysis of financial performance, performance vs. projections, covenant compliance, relationship profitability (RAROC), and any other significant risk drivers.) 
  • Develop a fundamental knowledge of the oil & gas industry’s structure, key risks, credit issues, metrics, etc. 
  • Analysis of guarantor as needed to support credit underwriting 
  • Assists the Debt Products Manager with review of loan documents pre-closing 
  • Review closing due diligence in collaboration with Debt Products Manager 
  • Maintenance of credit files including post-closing items (Actively manages financial reporting requirements, covenant requirements, past dues and documentation exceptions and ensures credit files are complete with all up to date information) 
  • Tickler implementation and maintenance 
  • Ongoing portfolio monitoring and servicing 
  • Maintains up to date understanding of primary loan market pricing and structuring trends 
  • Validates the appropriate risk rating for a company and proactively identifies risk rating changes 
  • Identifies opportunities for exposure reduction or new opportunities within assigned portfolio 
  • Develops a strong working knowledge of and insures compliance with internal bank commercial loan policy, credit risk management policy, and external regulatory requirements; documents any exceptions to policy and related rationale/risk mitigation 

 

Requirements

  • Bachelors degree 
  • Completion of a major corporate credit training program (or the equivalent corporate banking/corporate finance experience) 
  • 3 to 5 years underwriting and portfolio management experience, preferably in Oil & Gas 
  • Ability to competently complete credit packages and credit services agreements with limited oversight 

 

Skills and Competencies

  • Demonstrates strong verbal and written communication skills 
  • Well organized, detail-oriented, and is able to manage multiple projects under pressure 
  • Demonstrates strong analytical and problem solving skills 
  • Displays ability to identify and voice issues 
  • Works collaboratively with multiple stakeholders 

 

EXPIRED