Credit Analyst

Fifth Third Bank • San Jose, CA

27d • $54,400 - $111,500

About The Position

The Credit Analyst is responsible for underwriting and monitoring credit, performing analytical work, and identifying risks or issues. The role drafts credit approval documents and loan review memos, and applies financial and risk analysis skills, including financial modeling. The analyst is expected to build proficiency in underwriting and complete increasingly complex credits from beginning to end with limited oversight. The role also supports Portfolio Reviews as needed.

The position requires accountability for risk and adherence to bank policies and procedures. The analyst is expected to act in customers’ and colleagues’ best interests, support a positive customer experience, and identify, assess, manage, monitor, and report risks within the Bank’s risk appetite.

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 the 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 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 risk rating models.
• Identify required monitoring analysis activities.
• Verify covenants and define necessary updates to ticklers.
• Monitor covenant completion, track past-due or noncompliant covenants, and recommend appropriate action.
• Review completed spreads and collaborate with the CCU team to identify and resolve edits or corrections.
• Generate and provide pipeline and portfolio reports 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 analyses 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.
• 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 employees’ and families’ physical, financial, emotional, and social well-being.
• Incentive compensation plan eligibility, with payments based on company, line of business, and/or individual performance.

What This Job Offers

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