Fifth Third Bank
Credit Analyst II - Metals, Materials, and Construction
Fifth Third Bank, Chicago, Illinois, United States, 60290
Overview
Credit Analyst II - Metals, Materials, and Construction at Fifth Third Bank. Join to apply for the
Credit Analyst II - Metals, Materials, and Construction
role at
Fifth Third Bank . General Function
The Credit Analyst II is primarily responsible for partnering with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing analytical activities and identifying risks or issues as needed. The Credit Analyst II is expected to draft documents and prepare for credit reviews with limited support from Portfolio Managers. The role requires knowledge of financial and risk analysis and proficiency in financial modeling. The incumbent should build proficiency in underwriting, developing the ability to complete the underwriting process from beginning to end with limited oversight, and attend and support Portfolio Reviews as needed. Responsible for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures. Ensure actions and behaviors drive a positive customer experience while operating within the Bank's risk appetite and 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 minimal errors Prepare risk-rating scorecard and tickler event analysis and determine actions in collaboration with PMs Develop risk models and advise PMs of 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; recommend appropriate actions Assess covenant compliance reporting and identify issues Review covenant compliance certificates to understand performance and determine actions Update financial covenants and calculations as needed Run Probability of Default (PD) model with oversight Evaluate completed spreads to determine necessary edits with 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 re-write renewals for deals of limited complexity Portfolio analysis and development for Portfolio Reviews in preparation for client meetings Support Portfolio Managers and special projects Take remedial actions to resolve deficiencies and escalate questions when necessary May assist with training of new employees; may work on special projects as assigned Minimum Knowledge, Skills And Abilities Required
Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting) 2+ years of Commercial Banking experience Strong financial and risk analysis understanding, including ability to develop financial models 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 local or regional market preferred but not required Proficiency in internal banking applications Strong verbal and written communication skills Demonstrated problem solving and analytical skills with ability to handle multiple tasks Proficient in all Microsoft Office software Working Conditions
Normal office environment with minimal exposure to dust, noise, temperature fluctuations Minimal travel required Benefits and Compensation
The base salary range for this position is 53,400.00 - 109,500.00 USD annual, with eligibility for an incentive compensation plan. Total Rewards include comprehensive benefits and differentiated compensation offerings. Location: Charlotte, North Carolina 28202 Equal Employment Opportunity
Fifth Third Bank is committed to equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status, or any other legally protected status.
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Credit Analyst II - Metals, Materials, and Construction at Fifth Third Bank. Join to apply for the
Credit Analyst II - Metals, Materials, and Construction
role at
Fifth Third Bank . General Function
The Credit Analyst II is primarily responsible for partnering with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing analytical activities and identifying risks or issues as needed. The Credit Analyst II is expected to draft documents and prepare for credit reviews with limited support from Portfolio Managers. The role requires knowledge of financial and risk analysis and proficiency in financial modeling. The incumbent should build proficiency in underwriting, developing the ability to complete the underwriting process from beginning to end with limited oversight, and attend and support Portfolio Reviews as needed. Responsible for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures. Ensure actions and behaviors drive a positive customer experience while operating within the Bank's risk appetite and 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 minimal errors Prepare risk-rating scorecard and tickler event analysis and determine actions in collaboration with PMs Develop risk models and advise PMs of 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; recommend appropriate actions Assess covenant compliance reporting and identify issues Review covenant compliance certificates to understand performance and determine actions Update financial covenants and calculations as needed Run Probability of Default (PD) model with oversight Evaluate completed spreads to determine necessary edits with 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 re-write renewals for deals of limited complexity Portfolio analysis and development for Portfolio Reviews in preparation for client meetings Support Portfolio Managers and special projects Take remedial actions to resolve deficiencies and escalate questions when necessary May assist with training of new employees; may work on special projects as assigned Minimum Knowledge, Skills And Abilities Required
Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting) 2+ years of Commercial Banking experience Strong financial and risk analysis understanding, including ability to develop financial models 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 local or regional market preferred but not required Proficiency in internal banking applications Strong verbal and written communication skills Demonstrated problem solving and analytical skills with ability to handle multiple tasks Proficient in all Microsoft Office software Working Conditions
Normal office environment with minimal exposure to dust, noise, temperature fluctuations Minimal travel required Benefits and Compensation
The base salary range for this position is 53,400.00 - 109,500.00 USD annual, with eligibility for an incentive compensation plan. Total Rewards include comprehensive benefits and differentiated compensation offerings. Location: Charlotte, North Carolina 28202 Equal Employment Opportunity
Fifth Third Bank is committed to equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status, or any other legally protected status.
#J-18808-Ljbffr