Commercial Credit Analyst - Consumer & Retail Vertical

Fifth Third Bank • Chicago, IL

9d • $54,400 - $111,500 • Onsite

About The Position

The Commercial Credit Analyst is responsible for underwriting and monitoring credit, performing financial and risk analysis, identifying potential risks or issues, and drafting credit approval documents and review memos for loans and ancillary products. The analyst develops proficiency in completing underwriting from beginning to end with limited oversight on increasingly complex credits and may attend and support Portfolio Reviews.

The role is accountable for managing risk within the Bank’s risk appetite and following its policies and procedures. It also supports a positive customer experience through responsible decisions and conduct. The position is based in Chicago, Illinois.

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 with internal banking applications.
• Strong verbal and written communication skills.
• Strong problem-solving and analytical skills, with the 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 concise, 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 risk-rating models.
• Identify required monitoring analysis activities; verify covenants and updates needed on ticklers; monitor covenant completion and track past-due or noncompliant covenants; recommend appropriate actions.
• Review completed spreads, determine necessary edits, and work with the CCU team to resolve required edits or corrections.
• Generate pipeline and portfolio reports for credit leadership, portfolio managers, underwriters, relationship managers, and others as needed.
• Prepare Criticized Period Review reports with oversight.
• Run projection models using provided assumptions.
• Complete underwriting with limited oversight.
• Prepare portfolio analysis and Portfolio Review materials.
• Ensure the accuracy, integrity, and timeliness of credit data across internal systems and reports.
• Resolve data, documentation, or analysis deficiencies and escalate questions appropriately.
• 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.
• Attend and support Portfolio Reviews as needed.
• Assist with training and onboarding of new employees, and support special projects or ad hoc analysis as assigned by management.

Benefits

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

What This Job Offers

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