Senior Credit Analyst

About the role

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

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 performing 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.
• 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.
• Take 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.

Requirements

• Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting).
• Minimum 2 years of Commercial Banking 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.

Qualifications

• None specified

Skills

• Financial and risk analysis understanding.
• Financial modeling.
• Underwriting.
• Risk assessment.
• Covenant compliance.
• Probability of Default (PD) model.
• Internal banking applications.
• Problem solving and analytical skills.
• Microsoft Office software.

Benefits

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. 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.

Pay

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 within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.

Schedule

Normal office environment with little exposure to dust, noise, temperature and the like. Minimal travel required.