Fifth Third Bank
Overview
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. A successful Credit Analyst II will draft documents and prepare for credit reviews with limited support from the Portfolio Managers. The position requires knowledge of financial and risk analysis and proficiency in financial modeling. The role aims to build proficiency in underwriting, developing the ability to complete the underwriting process from start to finish with limited oversight. The Credit Analyst II will attend and support Portfolio Reviews as needed. The incumbent is expected to act responsibly and accountably, openly exchanging ideas, escalating concerns, and following policies and procedures to ensure a positive customer experience while operating within the Bank\'s risk appetite and reporting risks as required. 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 Portfolio Managers Develop risk models and advise Portfolio Managers of obstacles that may impede client expectations Identify and determine monitoring analysis activities required Verify covenants and define updates needed on ticklers Monitor covenant completion, track past due or out of compliance covenants, and recommend 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 in collaboration with the CCU team Identify and recommend preliminary portfolio management actions using Credit Service reporting and RADAR with some 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 Portfolio analysis and preparation for Portfolio Reviews in advance of client meetings Support Portfolio Managers and special projects Takes remedial actions to resolve deficiencies and escalate questions as needed Minimum Knowledge, Skills And Abilities Required
Bachelor\'s degree in Business (e.g., Business Administration, Finance, or Accounting) 2+ years of Commercial Banking experience Sound 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 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 ability to handle and prioritize multiple tasks Proficient in all Microsoft Office software Working Conditions
Normal office environment with limited exposure to dust, noise, temperature and the like Minimal travel required Compensation
Total Base Pay Range 53,400.00 - 109,500.00 USD Annual The base salary for this position reflects the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range vary based on role, relevant skillset, experience, education and geographic location. This role is eligible to participate in an incentive compensation plan based on company, line of business and/or individual performance. Our extensive benefits programs are designed to support employees and their families across physical, financial, emotional and social well-being. Learn more about these programs on our Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by contacting your talent acquisition partner. Location
Chicago, Illinois 60606 Fifth Third Bank, National Association is an equal opportunity employer and prohibits discrimination or harassment of any kind. We are committed to a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
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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. A successful Credit Analyst II will draft documents and prepare for credit reviews with limited support from the Portfolio Managers. The position requires knowledge of financial and risk analysis and proficiency in financial modeling. The role aims to build proficiency in underwriting, developing the ability to complete the underwriting process from start to finish with limited oversight. The Credit Analyst II will attend and support Portfolio Reviews as needed. The incumbent is expected to act responsibly and accountably, openly exchanging ideas, escalating concerns, and following policies and procedures to ensure a positive customer experience while operating within the Bank\'s risk appetite and reporting risks as required. 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 Portfolio Managers Develop risk models and advise Portfolio Managers of obstacles that may impede client expectations Identify and determine monitoring analysis activities required Verify covenants and define updates needed on ticklers Monitor covenant completion, track past due or out of compliance covenants, and recommend 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 in collaboration with the CCU team Identify and recommend preliminary portfolio management actions using Credit Service reporting and RADAR with some 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 Portfolio analysis and preparation for Portfolio Reviews in advance of client meetings Support Portfolio Managers and special projects Takes remedial actions to resolve deficiencies and escalate questions as needed Minimum Knowledge, Skills And Abilities Required
Bachelor\'s degree in Business (e.g., Business Administration, Finance, or Accounting) 2+ years of Commercial Banking experience Sound 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 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 ability to handle and prioritize multiple tasks Proficient in all Microsoft Office software Working Conditions
Normal office environment with limited exposure to dust, noise, temperature and the like Minimal travel required Compensation
Total Base Pay Range 53,400.00 - 109,500.00 USD Annual The base salary for this position reflects the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range vary based on role, relevant skillset, experience, education and geographic location. This role is eligible to participate in an incentive compensation plan based on company, line of business and/or individual performance. Our extensive benefits programs are designed to support employees and their families across physical, financial, emotional and social well-being. Learn more about these programs on our Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by contacting your talent acquisition partner. Location
Chicago, Illinois 60606 Fifth Third Bank, National Association is an equal opportunity employer and prohibits discrimination or harassment of any kind. We are committed to a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
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