Small Business Credit Officer II

About the role

We connect great people to great opportunities. Discover a career in banking at Fifth Third Bank.

Responsibilities

• Review and decide small business loan applications, especially for high-dollar and complex loans.
• Aid peers and those less experienced in the loan decision process, offering expertise on financial analysis and loan structuring.
• Be accountable for risk by openly sharing ideas and opinions, elevating concerns, and adhering to policies and procedures.
• Ensure actions and behaviors drive a positive customer experience while operating within the Bank's risk appetite.
• Spread financial statements based on information in the loan package.
• Provide loan decisions and/or credit recommendations based on a thorough review of all underwriting criteria, including loan structure, collateral, interest rate, and fees.
• Perform global cash flow and balance sheet analysis for small-business healthcare loans up to $2 million.
• Independently evaluate a borrower's financial condition and future outlook, identifying risks and proposing mitigation strategies.
• Collaborate with the sales team to develop loan structures that meet customer needs and align with the organization's risk appetite.
• Assist and mentor fellow team members in portfolio monitoring.
• Identify and recommend opportunities for process improvements and software development.
• Mentor credit analysts to enhance their risk management skills and knowledge.
• Communicate loan decisions effectively to loan originators.
• Review and approve all necessary due diligence items.
• Negotiate terms and conditions of loans with loan originators.

Requirements

• College degree in accounting, finance, or economics is preferred.
• Two or more years of experience in underwriting, portfolio monitoring, or similar business loan analysis.
• Basic knowledge of commercial lending and credit standards, policies, procedures, and products.
• Proficiency in using Microsoft Access, Word, and Excel.
• Familiarity with the Bank's internal applications is helpful.
• Attention to detail and excellent verbal and written communication skills.

Qualifications

• Must be able to identify and assess risks, manage them, monitor them, and report on them.
• Must be able to identify and propose solutions for process improvements and software development.
• Must be able to mentor and train credit analysts to improve their risk management skills and knowledge.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Knowledge of commercial lending and credit standards.
• Proficiency in Microsoft Access, Word, and Excel.

Benefits

Total rewards include comprehensive benefits and differentiated compensation offerings. 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. Additional benefits include:

• Comprehensive benefits program.
• Differentiated compensation offerings.
• Recognition for role improvement in improving the lives of customers, communities, and employees.
• Opportunities for professional growth and development.

For more information on these benefits, visit our careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html.

Pay

Total Base Pay Range: $71,100.00 - $145,900.00 USD Annually

Schedule

Virtual, Ohio 00000