Senior Credit Analyst - TMT

Fifth Third Bank•Chicago, IL

About The Position

The Senior Credit Analyst partners with Portfolio Managers to support the daily underwriting and monitoring of credit, perform analytical tasks, and identify risks or issues. The role drafts documentation and prepares for credit reviews with limited support from Portfolio Managers. It requires extensive knowledge of financial and risk analysis, expertise in financial modeling, and the ability to complete underwriting from beginning to end with limited oversight. The analyst also attends and supports Portfolio Reviews as needed. The position is accountable for managing risk in line with the Bank’s risk appetite, following policies and procedures, elevating concerns, and helping deliver a positive experience for customers and colleagues. It is based in a normal office environment in Chicago, Illinois, with minimal travel.

Requirements

Bachelor’s degree in Business, such as Business Administration, Finance, or Accounting.
At least 3 years of Commercial Banking experience, including credit analysis.
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.
Effective problem-solving and analytical skills, with the ability to handle and prioritize multiple tasks.
Proficiency in Microsoft Office software.

Nice To Haves

Knowledge of the local or regional market.

Responsibilities

Partner with Portfolio Managers on credit and underwriting work and perform analytical tasks.
Use critical thinking to identify and draft documentation.
Enter indicative credit information into banking systems accurately.
Prepare risk-rating scorecards and analyze tickler events to identify potential risks.
Develop risk models and advise Portfolio Managers of obstacles that may affect client expectations.
Identify required monitoring analyses and verify covenants and necessary tickler updates.
Monitor covenant completion, track past-due or noncompliant covenants, and recommend appropriate action.
Assess covenant compliance reporting, identify issues, review compliance certificates, and determine actions to remedy breaches.
Update financial covenants and calculations as needed.
Run Probability of Default (PD) models with oversight.
Review completed spreads and determine necessary edits 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 and run risk and projection models using provided assumptions.
Complete the underwriting process with limited oversight.
Create and complete CAMs accurately and review and rewrite renewals for deals of limited complexity.
Conduct portfolio analysis and develop Portfolio Reviews in preparation for client meetings.
Support Portfolio Managers and special projects.
Take appropriate remedial actions to resolve deficiencies and escalate questions or disputes when necessary.
Assist with training new employees and work on special projects as assigned by management.

Benefits

Comprehensive benefits designed to support employees’ and families’ physical, financial, emotional, and social well-being.
Eligibility to participate in an incentive compensation plan, with payments based on company, line of business, and/or individual performance.

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