Commercial Credit Analyst - Consumer & Retail Vertical

Fifth Third Bank • Cincinnati, OH

1d • $54,400 - $111,500

About The Position

The Credit Analyst is responsible for underwriting and monitoring credit, conducting analytical activities, and identifying risks or issues. The role drafts credit approval documents and review memos for loans and ancillary products, and supports preparation for credit reviews. It requires financial and risk analysis knowledge and proficiency in financial modeling. The analyst is expected to build proficiency in completing underwriting from beginning to end with limited oversight on increasingly complex credits, and to attend and support Portfolio Reviews as needed.

The role is accountable for managing risk in accordance with bank policies and procedures, raising concerns, and supporting positive customer experiences. It involves identifying, assessing, monitoring, and reporting risks while operating within the Bank's risk appetite.

The position is in the Consumer & Retail Vertical and is located in Chicago, Illinois. It has no supervisory responsibility. The stated annual base pay range is $54,400 to $111,500, and the role is eligible to participate in an incentive compensation plan.

Requirements

• Bachelor's degree in Business, such as Business Administration, Finance, or Accounting.
• At least 2 years of Commercial Banking credit analysis experience.
• 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 structures and legal documents.
• General knowledge of the U.S. government and regulation.
• Proficiency in internal banking applications.
• Strong verbal and written communication skills.
• Strong problem-solving and analytical skills.
• Ability to manage and prioritize multiple tasks while maintaining close attention to detail.
• Proficiency in Microsoft Office software.

Responsibilities

• Proactively monitor Credit Excellence and initiate collection of financial statements for upcoming renewals and periodic reviews.
• Prepare succinct, accurate credit approval memos, including company and industry descriptions, key credit risks, historical analysis, base and downside case projection assumptions and rationale, and terms and conditions.
• Conduct ongoing portfolio monitoring, including covenant tracking, financial statement reviews, and running risk rating models.
• Identify required monitoring analysis activities.
• Verify covenants and define needed updates to ticklers.
• Monitor covenant completion, track past-due or out-of-compliance covenants, and recommend appropriate action.
• Review completed spreads to determine necessary edits and work with the CCU team to identify and resolve edits or corrections.
• Generate and provide pipeline and portfolio reporting to credit leadership, portfolio managers, underwriters, relationship managers, and others as needed.
• Prepare Criticized Period Reviews reports with oversight.
• Run projection models using provided assumptions.
• Complete the underwriting process with limited oversight.
• Prepare portfolio analysis and Portfolio Review materials.
• Ensure accuracy, integrity, and timeliness of credit data across internal systems and reports.
• Resolve data, documentation, or analysis deficiencies and escalate questions to the appropriate level.
• Identify emerging risks or negative trends and escalate them appropriately.
• Maintain working knowledge of Bancorp credit policies, guidelines, and procedures.
• Perform Borrowing Entity PD Ratings and Obligation LGD Ratings.
• Assist with training and onboarding new employees as needed.
• Support special projects or ad hoc analysis as assigned by management.

Benefits

• Comprehensive benefits programs supporting 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