Credit Analyst II

Fifth Third Bank • Frisco, TX

1d

About The Position

The Credit Analyst II is primarily responsible for underwriting and monitoring credit, performing 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 knowledge of financial and risk analysis and proficiency in financial modeling. The analyst is expected to build proficiency in underwriting and develop the ability to complete underwriting from beginning to end with limited oversight on increasingly complex credits. The position may also attend and support Portfolio Reviews.

The role is accountable for managing risk in accordance with bank policies and procedures, supporting positive customer experiences, and identifying, assessing, monitoring, and reporting risks within the Bank's risk appetite. It may assist with employee training and onboarding and support special projects or ad hoc analysis assigned by management. The position has no supervisory responsibility.

Requirements

• Bachelor's degree in Business, such as Business Administration, Finance, or Accounting.
• At least 2 years of Commercial Banking 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 required 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 to determine necessary edits and collaborate 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 the 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 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 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.
• Eligibility 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