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

Charlotte, North Carolina, United States

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Metals, Materials, ConstructionIndustries

Requirements

Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)
3+ 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
Knowledge of the local or regional market

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 perform tickler event analysis to identify potential risks
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 to remediate breaches
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

Financial ModelingCredit UnderwritingRisk AnalysisFinancial AnalysisRisk Rating ScorecardTickler Event AnalysisRisk ModelsPortfolio Management

Questions & Answers

Common questions about this position

What is the salary or compensation for the Senior Credit Analyst position?

This information is not specified in the job description.

Is this Senior Credit Analyst role remote or does it require office work?

This information is not specified in the job description.

What key skills are required for the Senior Credit Analyst role?

The role requires extensive knowledge of financial and risk analysis, expertise in financial modeling, proficiency in underwriting, and skills in critical thinking, risk-rating scorecard preparation, covenant monitoring, and running risk and projection models.

What does the company culture emphasize for this Senior Credit Analyst position?

The culture emphasizes accountability for risk management, openly exchanging ideas, elevating concerns, following policies, doing the right thing for customers and colleagues, and driving a positive customer experience while operating within the bank's risk appetite.

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

A strong candidate partners effectively with Portfolio Managers, completes underwriting with limited oversight, uses critical thinking to identify risks and draft documentation, and demonstrates proficiency in financial modeling, risk analysis, covenant monitoring, and preparing for credit reviews.

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