Commercial Express Underwriter & Portfolio Manager at Fifth Third Bank

Cincinnati, Ohio, United States

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

College degree in accounting, finance or economics is preferred
3+ years of credit analysis and/or loan review experience, preferably in the banking industry
Proficient in basic software applications such as Microsoft Access, Word and Excel
Familiarity with the Bank's internal applications is helpful
Attentive to detail
Excellent verbal and written communication skills
Excellent organizational skills

Responsibilities

Review and decision small business relationships for business purpose credits up to $2 million
If warning signs signal a credit review, request all applicable information and determine the proper risk rating and required credit action relative to the risk profile
Complete underwriting memos for business purpose requests as needed
Provide continued support to Banking Center personnel relating to the communication of loan decisions and financial analysis
Analyze financial statements based on information provided in the loan package
Coordinate requests with relationship manager on all information necessary to decision a credit request or complete a proper risk rating
Provide loan decisions and/or credit recommendations based on a review of all underwriting criteria, including loan structure, collateral, interest rate, and fees
Negotiate terms & conditions of loan with relationship team
Provide coaching to Banking Center staff and commercial relationship managers to enhance understanding of the small business customer
Identify and communicate cross-sell opportunities discovered during the underwriting process
Effectively communicate loan decision to loan originator
Identify and review all necessary due diligence items
Ensure proper risk rating is complete relative to the relationship (per policy) and complete periodic reviews and ALSR reports
Complete all documentation required for SAG transfers if necessary
Assist Documentation Specialist as needed
Perform miscellaneous job duties as assigned

Skills

Financial Analysis

Credit Underwriting

Risk Rating

Loan Structuring

Portfolio Management

Financial Statements

Collateral Evaluation

Risk Assessment

Loan Negotiation

Fifth Third Bank

Provides banking, loans, and wealth management services

About Fifth Third Bank

Fifth Third Bank offers a variety of financial services, including personal and business banking, loans, mortgages, credit lines, and insurance products. Their services cater to individual consumers, small businesses, and commercial clients, providing comprehensive solutions for managing finances. The bank generates revenue through interest on loans, service fees, and commissions from insurance and investment products. Unlike many competitors, Fifth Third Bank emphasizes community engagement and financial education, providing resources to help clients improve their financial literacy. The goal of Fifth Third Bank is to support clients in achieving their financial objectives while fostering a strong connection with the communities they serve.

Cincinnati, OhioHeadquarters

1858Year Founded

IPOCompany Stage

Social Impact, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Paid Sick Leave

Paid Holidays

Performance Bonus

Flexible Work Hours

Risks

Rising interest rates may decrease demand for loans and mortgages.

Competition from fintechs like Robinhood threatens Fifth Third's wealth management sector.

Sophisticated cybersecurity threats pose risks to customer data and trust.

Differentiation

Fifth Third Bank offers comprehensive financial solutions for individuals and businesses.

The bank emphasizes community engagement and financial education for client empowerment.

It provides a wide range of insurance products, including life, health, and disability.

Upsides

Increased demand for digital banking boosts Fifth Third Bank's online service offerings.

Partnerships with fintech enhance technological capabilities and customer experience.

Growing interest in sustainable finance attracts environmentally conscious customers.

Land your dream remote job 3x faster with AI

Try Jobo Free