Ascentium Credit Manager

Thank you for your interest in a career  Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

At Ascentium Capital, the Credit Manager leads a team of analysts responsible for evaluating commercial loan applications for new loan transactions as well as for processing annual loan reviews on existing borrowers.

Ascentium Capital, a division of Regions Bank, provides convenient access to financing for business equipment and technology and serves small organizations to Fortune 500 companies with programs that benefit manufacturers, distributors and direct to businesses nationwide. Our finance specialization covers several segments, including technology, healthcare, hospitality, franchise, commercial vehicles, and other markets. We strive to be the premier provider of customized finance programs that add value to our customers' businesses.

• 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 products 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
• Acts as a subject matter expertise and assists in managing the overall delivery of credit decisions within established policies and regulations
• May maintain limited client portfolio management, including portfolio reporting

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.

• Bachelor’s degree in Business Administration, Finance, or related field
• Seven (7) years of experience in commercial/bank underwriting or related experience
• Management/supervisory experience

• Experience with Fair Isaac credit models
• Experience in formal bank underwriting training

• 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

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.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

$ USD

$ USD

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.

Dover, New Hampshire

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.