Commercial Credit Analyst - Equipment Finance

Fifth Third Bank • Cincinnati, OH

10d • $54,400 - $111,500 • Onsite

About The Position

Fifth Third Bank is seeking a Commercial Credit Analyst specializing in Equipment Finance. This role involves proactively monitoring credit excellence, initiating financial statement collections for renewals and periodic reviews, and preparing credit approval memos. The analyst will also be responsible for ongoing portfolio monitoring, including covenant tracking, financial statement reviews, and running risk rating models. The position requires identifying and determining monitoring analysis activities, verifying covenants, tracking past due or out-of-compliance covenants, and recommending courses of action. Collaboration with the CCU team is essential for resolving edits or corrections in completed spreads. The role also involves generating pipeline and portfolio reports, preparing Criticized Period Reviews, running projection models, and completing the underwriting process with limited oversight. Ensuring the accuracy and integrity of credit data, resolving deficiencies, and escalating emerging risks are key responsibilities. Maintaining knowledge of credit policies and performing Borrowing Entity PD Ratings and Obligation LGD Ratings are also part of the role. Additionally, the analyst may assist with training new employees and supporting 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, 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

Responsibilities

• 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.

Benefits

• Comprehensive benefits
• Differentiated compensation offerings
• Eligible to participate in an incentive compensation plan
• Extensive benefits programs designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level