Senior Credit Analyst- Corporate Banking

Fifth Third Bank • Charlotte, NC

20h • Onsite

About The Position

The Senior Credit Analyst is primarily responsible for partnering with Portfolio Managers to support the daily duties of underwriting and monitoring credit. This role involves performing analytical tasks, identifying risks and issues, and drafting documents. A successful Senior Credit Analyst will demonstrate extensive knowledge of financial and risk analysis, expertise in financial modeling, and proficiency in underwriting with the ability to complete the process with limited oversight. The role also involves attending and supporting Portfolio Reviews.

Requirements

• Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting).
• 3+ years of Corporate Banking credit experience.
• Sound Financial and risk analysis understanding, including the ability to develop financial models.
• Extensive Knowledge of banking products and services.
• Knowledge of corporate business structure and legal documents.
• General knowledge of U.S. government and regulation.
• Proficiency in internal banking applications.
• Strong verbal and written communication skills.
• Demonstrated expertise in using effective problem solving and analytical skills with ability to handle and prioritize multiple tasks.
• Proficient in all Microsoft Office software.

Nice To Haves

• Knowledge of the local or regional market preferred, but not required.

Responsibilities

• Partner with Portfolio Managers in credit and underwriting, performing analytical tasks as needed.
• Use critical thinking to identify and draft documentation.
• Complete indicative credit information into Banking Systems with little to no errors.
• Prepare risk-rating scorecard and perform tickler event analysis to identify potential risks.
• Develop risk models and advise PMs of unforeseen obstacles that may impede meeting client expectations.
• Identify and determine monitoring analysis activities required.
• Verify covenants and define updates needed on ticklers.
• Monitor covenant completion and track past due or out of compliance covenants and recommend appropriate course of action.
• Assess covenant compliance reporting and identify issues.
• Review covenant compliance certificates to understand performance and determine actions to remediate breaches.
• Update financial covenants and calculations as needed.
• Run Probability of Default (PD) model with oversight.
• Understand and evaluate completed spreads to determine necessary edits working in collaboration with the CCU team.
• Identify and recommend preliminary portfolio management actions using Credit Service reporting and RADAR with some oversight.
• Prepare ALSR reports with oversight.
• Run risk and projection models with oversight assumptions provided.
• Complete underwriting process with limited oversight.
• Create and complete a CAM with little to no errors.
• Review and re-write renewals for deals of limited complexity.
• Perform portfolio analysis and development for Portfolio Reviews in preparation for client meetings.
• Support Portfolio Managers and special projects.
• Take appropriate remedial actions to resolve deficiencies and escalate questions/disputes to appropriate level when necessary.
• May assist with training of new employees.
• May work on special projects as assigned by management.

Benefits

• Comprehensive benefits
• Differentiated compensation offerings
• Incentive compensation plan
• Extensive benefits programs designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.

What This Job Offers

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