Fifth Third Bank
Credit Analyst II - Leveraged Finance Portfolio Management
Fifth Third Bank, Charlotte, North Carolina, United States, 28245
Credit Analyst II – Leveraged Finance Portfolio Management
Apply for the Credit Analyst II role at Fifth Third Bank.
General Function The Credit Analyst II partners with Portfolio Managers to support the daily underwriting and monitoring of credit. The role involves analytical activities, identifying risks or issues, drafting documents, and preparing for credit reviews with limited support from Portfolio Managers. The analyst builds proficiency in underwriting, completes the underwriting process from beginning to end with limited oversight, and attends and supports Portfolio Reviews as needed. They are responsible for risk management, ensuring compliance with policies and procedures, and driving a positive customer experience while operating within the Bank's risk appetite.
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 tickler event analysis and determine actions based on results in collaboration with PMs
Develop risk models and advise PMs of unforeseen obstacles that may impede client expectations
Identify monitoring analysis activities required
Verify covenants and define updates needed on ticklers
Monitor covenant completion and track past‑due or out‑of‑compliance covenants, recommending appropriate action
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
Understand and 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 little to no errors
Review and rewrite renewals for deals of limited complexity
Prepare portfolio analysis and develop material for Portfolio Reviews in preparation for client meetings
Support Portfolio Managers and special projects
Takes appropriate remedial actions to resolve deficiencies and escalates questions/disputes to appropriate level when necessary
Assist with training of new employees as needed
Work on special projects as assigned by management
Minimum Knowledge, Skills and Abilities
Bachelor's degree in Business (e.g., Business Administration, Finance, or Accounting)
2+ years of commercial banking/commercial credit analysis experience
Sound financial and risk analysis understanding, including the 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 expertise in problem solving and analytical skills with ability to handle and prioritize multiple tasks
Proficiency in all Microsoft Office software
Working Conditions
Normal office environment with minimal exposure to dust, noise, temperature variations, and the like
Minimal travel required
Benefits At Fifth Third we offer comprehensive benefits and differentiated compensation to help employees thrive. Our base salary for this role reflects the pay grade salary range across the U.S.; individual salaries vary based on role, experience, education, and location. This position is eligible for an incentive compensation plan based on company, line of business, and individual performance. Benefits programs support employees and families across physical, financial, emotional, and social well‑being.
LOCATION – Charlotte, North Carolina 28202.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure 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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General Function The Credit Analyst II partners with Portfolio Managers to support the daily underwriting and monitoring of credit. The role involves analytical activities, identifying risks or issues, drafting documents, and preparing for credit reviews with limited support from Portfolio Managers. The analyst builds proficiency in underwriting, completes the underwriting process from beginning to end with limited oversight, and attends and supports Portfolio Reviews as needed. They are responsible for risk management, ensuring compliance with policies and procedures, and driving a positive customer experience while operating within the Bank's risk appetite.
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 tickler event analysis and determine actions based on results in collaboration with PMs
Develop risk models and advise PMs of unforeseen obstacles that may impede client expectations
Identify monitoring analysis activities required
Verify covenants and define updates needed on ticklers
Monitor covenant completion and track past‑due or out‑of‑compliance covenants, recommending appropriate action
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
Understand and 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 little to no errors
Review and rewrite renewals for deals of limited complexity
Prepare portfolio analysis and develop material for Portfolio Reviews in preparation for client meetings
Support Portfolio Managers and special projects
Takes appropriate remedial actions to resolve deficiencies and escalates questions/disputes to appropriate level when necessary
Assist with training of new employees as needed
Work on special projects as assigned by management
Minimum Knowledge, Skills and Abilities
Bachelor's degree in Business (e.g., Business Administration, Finance, or Accounting)
2+ years of commercial banking/commercial credit analysis experience
Sound financial and risk analysis understanding, including the 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 expertise in problem solving and analytical skills with ability to handle and prioritize multiple tasks
Proficiency in all Microsoft Office software
Working Conditions
Normal office environment with minimal exposure to dust, noise, temperature variations, and the like
Minimal travel required
Benefits At Fifth Third we offer comprehensive benefits and differentiated compensation to help employees thrive. Our base salary for this role reflects the pay grade salary range across the U.S.; individual salaries vary based on role, experience, education, and location. This position is eligible for an incentive compensation plan based on company, line of business, and individual performance. Benefits programs support employees and families across physical, financial, emotional, and social well‑being.
LOCATION – Charlotte, North Carolina 28202.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure 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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