Credit Analyst II
Fifth Third Bank
full-time
Posted on:
Location Type: Office
Location: Chicago • Illinois • United States
Visit company websiteExplore more
Salary
💰 $54,400 - $111,500 per year
About the role
- 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
- Preparing risk-rating scorecard and tickler event analysis
- Developing risk models and advising PMs of unforeseen obstacles
- Verifying covenants and defining updates needed on ticklers
- Monitoring covenant completion and track past due or out of compliance covenants
- Assessing covenant compliance reporting and identifying issues
- Running Probability of Default (PD) model with oversight
- Identifying and recommending preliminary portfolio management actions using Credit Service reporting
- Prepares ALSR reports with oversight
- Running risk and projection models with oversight assumptions provided
- Completing underwriting process with limited oversight
- Supporting Portfolio Managers and special projects
Requirements
- Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)
- 2+ years of Commercial Banking experience
- Sound Financial and risk analysis understanding
- 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
Benefits
- Comprehensive benefits programs
- Incentive compensation plan
- Physical, financial, emotional and social well-being support
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
credit analysisrisk modelingfinancial modelingcovenant complianceProbability of Default (PD) modelrisk-rating scorecardanalytical tasksunderwriting processportfolio managementcredit service reporting
Soft Skills
critical thinkingcommunicationproblem-solvingattention to detailcollaboration