Sr. Commercial Participation Loan Analyst at Fifth Third Bank

Cincinnati, Ohio, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

NoVisa

Banking, FinanceIndustries

Requirements

Commercial loan experience required
ACBS experience would be a plus
Three to five years banking experience required
Proficient in Bank systems as well as Microsoft Office
Minimal to no supervision required
Above average problem-solving skills and customer service skills required
Good interpersonal skills
Ability to handle and prioritize multiple tasks
Experience with Word and Excel required

Responsibilities

Owns high-profile, complex portfolio within the overall bought participation portfolio (e.g., subscription, high-value, tiered fees and rates, multiple-currency loans)
Maintains healthy portfolio and proactively ensures dates, rates, and balances are in alignment with agent bank
Balances loans within own portfolio and escalated by team members
Handles escalated inquiries and issues
Performs research needed to resolve problems in a timely manner
Aligns portfolio maintenance with stakeholder expectations proactively
Collaborates proactively with department coworkers to remove obstacles to providing exceptional client support
Provides thorough diligence in the move money processes that meets SLAs and prevents near miss/Ops losses
Coordinates communication with stakeholders and members
Maintains accounting spreadsheets and addresses questions and issues raised by the accounting department
Monitors reporting (Suspect, Past Due, High Balance, Aged Wires, Int Adjustment and Bill Forward) and escalates to management when applicable
Responsible for haphazard quality review of portfolio
Owns new loan onboarding process that consists of reviewing new loans serviced by Bought Participations and providing necessary servicing instructions to relevant parties
Works in conjunction with management to ensure queues are processed within SLA, portfolios are appropriately divided, and day-to-day work fluctuations are proactively managed

Skills

Key technologies and capabilities for this role

portfolio maintenanceparticipation loansloan balancingfinancial researchstakeholder liaisonrisk managementclient supportmove money processesSLA compliancemulti-currency loans

Questions & Answers

Common questions about this position

What experience is required for this Sr. Commercial Participation Loan Analyst role?

Commercial loan experience is required, along with three to five years of banking experience. ACBS experience is a plus, and candidates need proficient skills in bank systems and Microsoft Office.

What are the key skills needed for this position?

Above average problem-solving skills and customer service skills are required, with minimal to no supervision needed.

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 role?

This information is not specified in the job description.

What makes a strong candidate for this analyst position?

Candidates with commercial loan experience, 3-5 years in banking, proficiency in bank systems and Microsoft Office, strong problem-solving and customer service skills, and ability to work with minimal supervision stand out.

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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