Commercial Credit Analyst II - Middle Market Banking

Fifth Third Bank • Raleigh, NC

1d • Onsite

About The Position

The Commercial Credit Analyst II partners with Portfolio Managers to support the daily work of underwriting and credit monitoring, perform analytical activities, and identify risks or issues. The role drafts documents and prepares for credit reviews with limited support from Portfolio Managers. It requires knowledge of financial and risk analysis and proficiency in financial modeling. The analyst builds proficiency in underwriting and is expected to complete the underwriting process from beginning to end with limited oversight, as well as attend and support portfolio reviews as needed.

The role is accountable for managing risk within the Bank’s risk appetite, following policies and procedures, raising concerns, and helping drive a positive experience for customers and colleagues. The position is based in a normal office environment in Raleigh, North Carolina, with little exposure to dust, noise, temperature, and similar conditions, and minimal travel.

Requirements

• Bachelor’s degree in Business, such as Business Administration, Finance, or Accounting; a graduate degree may be an acceptable substitute for the experience requirement.
• At least 2 years of Commercial Banking experience, unless a graduate degree is accepted as a substitute.
• Sound understanding of financial and risk analysis, 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 problem-solving and analytical skills, including the ability to handle and prioritize multiple tasks.
• Proficiency in Microsoft Office software.

Nice To Haves

• Knowledge of the local or regional market.

Responsibilities

• Partner with Portfolio Managers on credit and underwriting and perform analytical tasks as needed.
• Use critical thinking to identify and draft documentation.
• Enter indicative credit information into banking systems regularly, with little to no errors.
• Prepare risk-rating scorecards and tickler-event analysis, and determine actions in collaboration with Portfolio Managers.
• Develop risk models and advise Portfolio Managers of unforeseen obstacles that may affect client expectations.
• Identify required monitoring analysis activities.
• Verify covenants and define needed tickler updates.
• Monitor covenant completion, track past-due or out-of-compliance covenants, and recommend appropriate actions.
• Assess covenant compliance reporting and identify issues.
• Review covenant compliance certificates to understand performance and determine actions.
• Update financial covenants and calculations as needed.
• Run Probability of Default (PD) models with oversight.
• Evaluate completed spreads and identify necessary edits in collaboration with the CCU team.
• Identify and recommend preliminary portfolio management actions using Credit Service reporting and RADAR, with some oversight.
• Prepare ALSR reports with oversight.
• Run risk and projection models using provided assumptions, with oversight.
• Complete the underwriting process with limited oversight.
• Create and complete CAMs with little to no errors.
• Review and rewrite renewals for deals of limited complexity.
• Conduct portfolio analysis and develop Portfolio Reviews in preparation for client meetings.
• Support Portfolio Managers and special projects.
• Take appropriate remedial actions to resolve deficiencies and escalate questions or disputes when necessary.
• May assist with training new employees.
• May work on special projects assigned by management.

Benefits

• Comprehensive benefits supporting employees’ physical, financial, emotional, and social well-being.
• Eligible to participate in an incentive compensation plan, with payment based on company, line of business, and/or individual performance.

What This Job Offers

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