Credit Analyst

About this role

• **Make banking a Fifth Third better ** We connect great people to great opportunities.
• Are you ready to take the next step?
• Discover a career in banking at Fifth Third Bank.
• **GENERAL FUNCTION:** The Credit Analyst is primarily responsible for completing the daily duties of underwriting and monitoring credit while performing analytical activities and identifying risks or issues as needed.
• In addition, a Credit Analyst drafts credit approval documents and review memos for loans and other ancillary products.
• documents and prepare for credit reviews.
• The Credit Analyst is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling.
• The Credit Analyst is expected to build proficiency in underwriting, developing the ability to complete the underwriting process from beginning to end with limited oversight on increasingly complex credits.
• Additionally, the Credit Analyst will attend and support Portfolio Reviews as needed.
• Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined.
• Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience.
• While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
• **ESSENTIAL DUTIES AND RESPONSIBILITIES:** * Responsible for proactively monitoring Credit Excellence and initiating collection of financial statements for upcoming renewals and periodic reviews.
• * Prepare succinct credit approval memos with minimal errors, including company and industry descriptions, key credit risks, historical analysis, base and downside case projection assumptions/rationale and terms and conditions.
• * Complete ongoing portfolio monitoring, including covenant tracking, financial statement reviews, and run risk rating models.
• * 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 * Responsible for understanding and evaluating completed spreads to determine necessary edits working in collaboration with the CCU teamworks to identify and resolve required edits or corrections * Generate and provide various pipeline and portfolio reporting as needed to credit leadership, portfolio managers, underwriters, relationship managers and others as needed.
• * Prepare Criticized Period Reviews reports with oversight * Responsible for running projection models with assumptions provided * Responsible for completing underwriting process with limited oversight * Prepares portfolio analysis and Portfolio Review materials * Ensure accuracy, integrity, and timeliness of credit data across internal systems and reports * Take appropriate action to resolve data, documentation, or analysis deficiencies and escalate questions to the appropriate level * Identify emerging risks or negative trends and escalate appropriately.
• * Maintain a working knowledge of Bancorp credit policies, guidelines and procedures.
• * Perform Borrowing Entity PD Ratings and Obligation LGD Ratings.
• * May assist with training and onboarding of new employees * May support special projects or ad hoc analysis as assigned by management **SUPERVISORY RESPONSIBILITY:** None **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 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 * Proficiency in internal banking applications * Strong verbal and written communication skills * Demonstrated strong problem-solving and analytical skills, with the ability to manage and prioritize multiple tasks while maintaining close attention to detail.
• * Proficient in all Microsoft Office software Credit AnalystTotal Base Pay Range 54,400.00 - 111,500.00 USD Annual At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other.
• Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
• 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.
• 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.
• 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 or by consulting with your talent acquisition partner.
• LOCATION - San Francisco, California 94111 Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting.
• Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third.
• Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

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