Fifth Third Bank
Sr Credit Analyst - Metals, Materials and Construction
Fifth Third Bank, Chicago, Illinois, United States, 60290
Sr Credit Analyst - Metals, Materials and Construction
Base pay range $69,800.00/yr - $143,100.00/yr Location: Charlotte, North Carolina 28202 Overview
The Senior Credit Analyst is primarily responsible for partnering with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing analytical tasks and identifying risks or issues as needed. A successful Senior Credit Analyst will be able to draft documents and prepare for credit reviews with limited support from the Portfolio Managers. The Senior Credit Analyst demonstrates extensive knowledge of financial and risk analysis and expertise in financial modeling. The Senior Credit Analyst demonstrates proficiency in underwriting, with the ability to complete the underwriting process from beginning to end with limited oversight. Additionally, the Senior Credit Analyst will attend and support Portfolio Reviews as needed. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. Essential Duties And Responsibilities
Partner with Portfolio Managers in credit and underwriting, performing analytical tasks as needed. Use critical thinking to identify and draft documentation. Regularly complete indicative credit information into Banking Systems with little to no errors. Prepare risk-rating scorecard and perform tickler event analysis to identify potential risks. Develop risk models and advise PMs of unforeseen obstacles that may impede meeting client expectations. Identify and determine monitoring analysis activities required. Verify covenants and define updates needed on ticklers. Monitor covenant completion and track past due or out of compliance covenants and recommend appropriate course of action. Assess covenant compliance reporting and identify issues. Review covenant compliance certificates to understand performance and determine actions to remediate breaches. Update financial covenants and calculations as needed. Run Probability of Default (PD) model with oversight. Understand and evaluate completed spreads to determine necessary edits working with the CCU team. Identify and recommend preliminary portfolio management actions using Credit Service reporting and RADAR with oversight. Prepare ALSR reports with oversight. Run risk and projection models with oversight assumptions provided. Complete underwriting process with limited oversight. Create and complete a CAM with minimal errors. Review and rewrite renewals for deals of limited complexity. Perform portfolio analysis and contribute to Portfolio Reviews in preparation for client meetings. Support Portfolio Managers and assist with special projects. Take remedial actions to resolve deficiencies and escalate questions as needed. May assist with training of new employees and participate in special projects as assigned. Minimum Knowledge, Skills And Abilities Required
Bachelor's degree in Business (e.g., Business Administration, Finance, or Accounting). 3+ years of Commercial Banking experience. Strong financial and risk analysis capabilities, including financial modeling. Extensive knowledge of banking products and services. Knowledge of corporate business structure and legal documents. General knowledge of U.S. government and regulation. Knowledge of the local or regional market preferred, but not required. Proficiency in internal banking applications. Strong verbal and written communication skills. Demonstrated problem-solving and analytical abilities with the ability to handle multiple tasks. Proficient in Microsoft Office. Working Conditions
Normal office environment with minimal exposure to dust, noise, temperature, etc. Minimal travel required. Compensation and Benefits
At Fifth Third Bank, we understand the importance of rewarding our employees for their hard work. Our Total Rewards offering includes a differentiated compensation package and comprehensive benefits. The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries will vary based on role, skillset, experience, education and location. In addition to base salary, this role is eligible to participate in an incentive compensation plan, with payments based on company, line of business and/or individual performance. Our benefits programs are designed to support the health, happiness, and financial well-being of our employees and their families. You can learn more about those programs on our Careers page or by consulting with your talent acquisition partner. Equal Opportunity Employer
Fifth Third Bank is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. Notes
Location – Charlotte, North Carolina 28202
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Base pay range $69,800.00/yr - $143,100.00/yr Location: Charlotte, North Carolina 28202 Overview
The Senior Credit Analyst is primarily responsible for partnering with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing analytical tasks and identifying risks or issues as needed. A successful Senior Credit Analyst will be able to draft documents and prepare for credit reviews with limited support from the Portfolio Managers. The Senior Credit Analyst demonstrates extensive knowledge of financial and risk analysis and expertise in financial modeling. The Senior Credit Analyst demonstrates proficiency in underwriting, with the ability to complete the underwriting process from beginning to end with limited oversight. Additionally, the Senior Credit Analyst will attend and support Portfolio Reviews as needed. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. Essential Duties And Responsibilities
Partner with Portfolio Managers in credit and underwriting, performing analytical tasks as needed. Use critical thinking to identify and draft documentation. Regularly complete indicative credit information into Banking Systems with little to no errors. Prepare risk-rating scorecard and perform tickler event analysis to identify potential risks. Develop risk models and advise PMs of unforeseen obstacles that may impede meeting client expectations. Identify and determine monitoring analysis activities required. Verify covenants and define updates needed on ticklers. Monitor covenant completion and track past due or out of compliance covenants and recommend appropriate course of action. Assess covenant compliance reporting and identify issues. Review covenant compliance certificates to understand performance and determine actions to remediate breaches. Update financial covenants and calculations as needed. Run Probability of Default (PD) model with oversight. Understand and evaluate completed spreads to determine necessary edits working with the CCU team. Identify and recommend preliminary portfolio management actions using Credit Service reporting and RADAR with oversight. Prepare ALSR reports with oversight. Run risk and projection models with oversight assumptions provided. Complete underwriting process with limited oversight. Create and complete a CAM with minimal errors. Review and rewrite renewals for deals of limited complexity. Perform portfolio analysis and contribute to Portfolio Reviews in preparation for client meetings. Support Portfolio Managers and assist with special projects. Take remedial actions to resolve deficiencies and escalate questions as needed. May assist with training of new employees and participate in special projects as assigned. Minimum Knowledge, Skills And Abilities Required
Bachelor's degree in Business (e.g., Business Administration, Finance, or Accounting). 3+ years of Commercial Banking experience. Strong financial and risk analysis capabilities, including financial modeling. Extensive knowledge of banking products and services. Knowledge of corporate business structure and legal documents. General knowledge of U.S. government and regulation. Knowledge of the local or regional market preferred, but not required. Proficiency in internal banking applications. Strong verbal and written communication skills. Demonstrated problem-solving and analytical abilities with the ability to handle multiple tasks. Proficient in Microsoft Office. Working Conditions
Normal office environment with minimal exposure to dust, noise, temperature, etc. Minimal travel required. Compensation and Benefits
At Fifth Third Bank, we understand the importance of rewarding our employees for their hard work. Our Total Rewards offering includes a differentiated compensation package and comprehensive benefits. The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries will vary based on role, skillset, experience, education and location. In addition to base salary, this role is eligible to participate in an incentive compensation plan, with payments based on company, line of business and/or individual performance. Our benefits programs are designed to support the health, happiness, and financial well-being of our employees and their families. You can learn more about those programs on our Careers page or by consulting with your talent acquisition partner. Equal Opportunity Employer
Fifth Third Bank is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. Notes
Location – Charlotte, North Carolina 28202
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