Credit Analyst II - Metals, Materials, and Construction at Fifth Third Bank

Charlotte, North Carolina, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Metals, Materials, ConstructionIndustries

Requirements

Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)
2+ years of Commercial Banking 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

Responsibilities

Partner with Portfolio Managers in credit and underwriting, performing analytical tasks as needed
Use critical thinking to identify and draft documentation
Regularly complete indicative credit information into Banking Systems with little to no errors
Prepare risk-rating scorecard and tickler event analysis and determine actions based on results working in collaboration with PMs
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
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
Assist with training of new employees
Work on special projects as assigned by management

Skills

Key technologies and capabilities for this role

Credit UnderwritingFinancial ModelingRisk AnalysisFinancial AnalysisRisk Rating ScorecardTickler Event AnalysisPortfolio ManagementBanking Systems

Questions & Answers

Common questions about this position

What are the main responsibilities of the Credit Analyst II role?

The role involves partnering with Portfolio Managers in credit and underwriting, performing analytical tasks, identifying risks, drafting documentation, preparing risk-rating scorecards, monitoring covenants, running risk models, and supporting portfolio reviews.

What skills are required for the Credit Analyst II position?

Key skills include proficiency in financial and risk analysis, financial modeling, critical thinking, underwriting, and knowledge of banking systems, covenants, and risk models like Probability of Default (PD).

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this Credit Analyst II role?

This information is not specified in the job description.

What makes a strong candidate for the Credit Analyst II position?

A strong candidate demonstrates proficiency in financial modeling and underwriting with limited oversight, excels in analytical tasks and risk identification, and can prepare credit reviews and documentation independently.

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.

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