Senior Credit Risk Manager, Student Loan
EarnestSalary not specified
Full Time
Senior (5 to 8 years)
Sr. Commercial Participation Loan Analyst at Fifth Third Bank
Cincinnati, Ohio, United States
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
NoVisa
Banking, FinanceIndustries
Requirements
- Commercial loan experience required
- Three to five years banking experience required
- ACBS experience would be a plus
- 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
portfolio maintenance
loan balancing
participation loans
financial research
stakeholder collaboration
risk management
client support
move money processes
SLA compliance
multi-currency loans
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