Commercial Middle Market Leadership Program - Detroit

Fifth Third Bank•Detroit, MI

13d•Hybrid

About The Position

This is a management-training program involving hands-on rotations through key departments supporting Middle Market for the assigned region. The program aims to familiarize participants with business practices, operations, and procedures in each department, acquiring the knowledge, skills, and experience required for assuming a permanent role (sales or credit) in a Commercial department. Participants are responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures. They are accountable for doing the right thing for customers and colleagues, ensuring that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, participants achieve results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Requirements

Four-year undergraduate degree in Finance or Accounting
Relevant internships and co-op program experience
Outstanding verbal and written communication skills
Strong analytical skills
Ability to work in a team environment
Ability to multi-task and to be flexible
Proficient with Microsoft office products, such as Word, Excel, PowerPoint
Ability to demonstrate initiative
Authorized to work in the U.S. without the need for employment based immigration sponsorship now or in the future

Responsibilities

Complete underwriting process with some revision / oversight (by the end of the 1st rotation)
Assess credit risk using financial statement analysis, cash flow analysis, industry analysis, collateral analysis, guarantor analysis and loan structure analysis
Accountable for updating financial covenants as needed
Run Probability of Default (PD) model with oversight
Partner with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing analytical tasks as needed
Understand and evaluate completed spreads to determine necessary edits
Identify and recommend preliminary portfolio management actions using Credit Service reporting and RADAR with some oversight
Create client presentation materials using PowerPoint, Excel, Word
Utilize Dealpoint Profitability Analyzer to assess the client relationship and determine RAROC value
Assist in identifying and qualifying prospects with Relationship Manager
Partner with Relationship Managers, performing projects or analytical tasks as needed
Draft initial deal screen / opportunity memos
Build an extensive network of contacts within Commercial and supporting divisions
Attend formal training classes, complete all assigned eLearning courses and participate in extensive self-learning
Perform other duties as assigned