Credit Analyst II - Renewable Energy
Fifth Third Bank · Chicago, IL · 4 wk ago
FinanceFull-time
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
- Responsible for regularly completing indicative credit information into Banking Systems with little to no errors
- Responsible for preparing risk-rating scorecard and tickler event analysis and determining actions based on results working in collaboration with PM's
- 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
- Absorb and report on 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
- Create and complete a CAM with little to no errors
- Review and re-write renewals for deals of limited complexity
- Support Portfolio Managers and special projects
- Takes appropriate remedial actions to resolve deficiencies and escalate questions/disputes to appropriate level when necessary
- May assist with training of new employees
- May work on special projects as assigned by management
Supervisory Responsibilities
None
Minimum Knowledge, Skills And Abilities Required
- Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)
- 2+ years of corporate banking credit 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 using effective problem solving and analytical skills with ability to handle and prioritize multiple tasks
- Proficient in all Microsoft Office software
Pay
Total Base Pay Range: $54,400.00 - $111,500.00 USD
Annual
Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.
In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
Benefits
You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html
or by consulting with your talent acquisition partner.
Location
Chicago, Illinois 60606