DescriptionLocation: On site in Memphis, TNSummaryThis opportunity is within our Asset Based Lending group. Responsible for proactively managing portfolios by identifying trends and alerting management to changes in portfolio conditions. Partners with Relationship Managers to finalize credit package terms; independently prioritizes requests, provides guidance on risk and risk ratings, recommends credit structure, prepares proposals and evaluates alternative credit structures. Contributes to the development of profitable long term credits.Key Responsibilities Include
Proactively identifies portfolio weaknesses / trends and alerts management to deteriorating portfolio conditions.
Independently prioritizes between new credit requests and renewals; provides initial risk rating and recommends appropriate credit structure; provides guidance on policy issues and risk ratings.
Prepares approval, commitment, proposal document, and participates in documentation process including the identification of covenants and other key provisions, customer meetings, discuss alternative credit structures, and clarify any questions.
Interacts with clients during due diligence and partners with RM as part of "team" to finalize credit package terms and documentation on transactions.
Leads the legal documentation process; Meets individual and team production goals.
Qualifications Include
Bachelors Degree with 3-5 years experience required or equivalent in work experience; 5+ years experience preferred.
Possesses an understanding of the current business environment; superior credit knowledge; expertise in credit policy and analytical abilities; Goal and production oriented; strong relationship building skills; ability to take initiative using strong problem solving skills; knowledge level to be an independent resource on credit issues.
About UsFirst Horizon is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. With $81.7 billion in assets as of December 31, 2023, we serve clients through a team of approximately 7,300 associates and 418 banking centers throughout the southeastern United States. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.Benefit Highlights Medical with wellness incentives, dental, and vision HSA with company match Maternity and parental leave Tuition reimbursement Mentor program 401(k) with 6% match More FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-BenefitsCorporate Diversity Commitment:We remain committed to creating a more equitable society, and that starts with our associates, our clients, and the communities we serve. We do this by elevating equity, providing capital and counsel, and committing to excellence in everything we do.Follow UsFacebook (https://www.facebook.com/FirstHorizonBank)X formerly TwitterLinkedIn (http://www.linkedin.com/company/first-horizon-bank)InstagramYouTube (https://www.youtube.com/channel/UCEVs5OMj-b0H9Dr5Q209-Q)Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)