Commercial Credit Analyst II - Chicago, United States - Fifth Third Bank, N.A.

Description

Make banking a Fifth Third better

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GENERAL FUNCTION:

The Credit Analyst II is primarily responsible for partnering with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing analytical activities and identifying risks or issues as needed.

Inaddition,asuccessful Credit Analyst II will be able to draft documents and prepare for credit reviews with limited support from the Portfolio Managers.

The Credit Analyst II is knowledgeable on financial and risk analysis and demonstrates proficiencyinfinancialmodeling.

The Credit Analyst II is expected to build proficiency in underwriting, developing the ability to complete the underwriting process from beginning to end with limited oversight.

Additionally, the Credit Analyst II will attend and supportPortfolioReviewsas 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 ensuresthatactions 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:
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

Responsible for developing risk models and advising 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

Responsible for assessing covenant compliance reporting and identifying 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

Responsible for understanding and evaluating completed spreads to determine necessary edits working in collaboration with the CCU team

Responsible for identifying and recommending preliminary portfolio management actions using Credit Service reporting and RADAR with some oversight

Prepares ALSR reports with oversight

Responsible for running risk and projection models with oversight assumptions provided

Responsible for completing underwriting process with limited oversight

Create and complete a CAM with little to no errors

Review and re-write renewals for deals of limited complexity

Responsible for portfolio analysis and the development 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.

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 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


WORKING CONDITIONS:
Normal office environment with little exposure to dust, noise, temperature and the like

Minimal travel required

Commercial Credit Analyst II

LOCATION Chicago, Illinois 60606

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.

Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step?

Fifth Third Bank, National Association is one of the top-performing banks in the country, with a history that spans more than 150 years.

We've staked our claim on looking at things differently to make banking a Fifth Third better. This applies to our relationships with customers and employees alike.

We employ about 18,000 people while offering:

• A chance for employees to build their future, with supportive career development and comprehensive health and financial wellness programs.
• An environment where we win together by celebrating achievements and working collaboratively.
• An opportunity to make a difference in a positive and lasting way. Everything we do is geared toward improving lives.

We're proud that Fifth Third is a warm and caring place to grow – as a customer and as a team member.