Commercial Credit Analyst - Renewable Energy Finance

Fifth Third Bank • Chicago, IL

4d • $54,400 - $111,500

About The Position

The Commercial Credit Analyst is primarily responsible for underwriting and monitoring credit, performing analytical activities, identifying risks or issues, and drafting credit approval documents and review memos for loans and ancillary products. The analyst uses financial and risk analysis skills and financial modeling, and builds proficiency to complete increasingly complex underwriting from beginning to end with limited oversight. The role may also support and attend Portfolio Reviews.

The position is accountable for managing risk within the Bank’s risk appetite, following policies and procedures, and contributing to positive experiences for customers and colleagues. It is based in Chicago, Illinois.

Requirements

• Bachelor’s degree in Business, such as Business Administration, Finance, or Accounting.
• At least 2 years of corporate 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 U.S. government and regulation.
• Proficiency in 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 all Microsoft Office software.

Responsibilities

• Proactively monitor Credit Excellence and initiate 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 and rationale, and terms and conditions.
• Complete ongoing portfolio monitoring, including covenant tracking, financial statement reviews, and running risk rating models.
• Identify and determine monitoring analysis activities.
• Verify covenants and define updates needed on ticklers.
• Monitor covenant completion, track past-due or out-of-compliance covenants, and recommend appropriate action.
• Review completed spreads and collaborate with the CCU team to identify and resolve required 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 Review reports with oversight.
• Run projection models using provided assumptions.
• Complete the underwriting process 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 as appropriate.
• Identify emerging risks or negative trends and escalate appropriately.
• Maintain working knowledge of Bancorp credit policies, guidelines, and procedures.
• Perform Borrowing Entity PD Ratings and Obligation LGD Ratings.
• May assist with training and onboarding new employees.
• May support special projects or ad hoc analysis as assigned by management.
• Attend and support Portfolio Reviews as needed.

Benefits

• Comprehensive benefits programs supporting employees’ and families’ physical, financial, emotional, and social well-being.
• Incentive compensation plan eligibility, with payment based on company, line of business, and/or individual performance.

What This Job Offers

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