Senior Credit Analyst – Corporate Banking
Fifth Third Bank
full-time
Posted on:
Location Type: Office
Location: Charlotte • Illinois • North Carolina • United States
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Salary
💰 $71,100 - $145,900 per year
Job Level
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 with little to no errors
- Responsible for preparing risk-rating scorecard and performing tickler event analysis to identify potential risks
- 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 to remediate breaches
- 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
- Take 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
Requirements
- Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)
- 3+ years of commercial/corporate banking credit experience, ideally including formal training
- 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.
Benefits
- Comprehensive benefits programs
- Differentiated compensation offerings
- Health insurance
- Retirement plans
- Paid time off
- Wellness programs
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 complianceportfolio managementunderwritinganalytical tasksrisk-rating scorecardProbability of Default (PD) modelfinancial covenants
Soft Skills
critical thinkingproblem solvinganalytical skillscommunication skillsorganizational skillscollaborationtrainingprioritizationattention to detailremedial action