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Credit Utility Analyst Senior

Role overview

Qualifications

  • Bachelor's degree in accounting, finance or economics preferred or commensurate experience.
  • 2+ years of commercial credit or equivalent experience.
  • Experience in spreading financial statements including various types.
  • Proficient in basic software applications such as Microsoft Word and Excel.

Responsibilities

  • Independently spread a variety of commercial customer and prospect financial statements.
  • Communicate with portfolio managers and relationship managers regarding spreading guidelines.
  • Assist in monitoring and assessing risk associated with the CCU's loan portfolio.
  • Support the Central credit Utility leadership as needed.

Key facts

  • Remote from: United States
  • Full time
  • Senior (5-10 years)
  • Credit Analyst
  • 61 - 126K yearly
  • English

Hard skills

Other skills

  • Detail Oriented
  • Social Skills
  • Microsoft Word
  • Microsoft Excel
  • Multitasking
  • Non-Verbal Communication

About the company

Fifth Third Bank logo

Fifth Third Bank

Banking

At Fifth Third Bank, everything we do is rooted in our purpose: to improve the lives of our customers and the well-being of our communities. Since our founding in 1858, we’ve been committed to creating a better financial experience by empowering our customers and clients to achieve what matters most. Our unified strength is grounded in the individual passion and diversity of more than 20,000 employees who work collaboratively to deliver a better tomorrow to everyone we serve. We offer a strong culture, opportunities for growth 401k match, wellness options, comprehensive insurance plans and additional resources you need to build a lasting and rewarding career path here. Headquartered in Cincinnati, Ohio, we are among the largest money managers in the Midwest. We operate four main businesses—Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management—and a network of financial centers in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. Consumers also have access to approximately 54,000 Fifth Third fee-free ATMs across the United States. Fifth Third Bancorp is a diversified financial services company and is the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. Explore Fifth Third career opportunities at: https://www.53.com/content/fifth-third/en/careers.html Fifth Third Bank, N.A., Member FDIC. Fifth Third Bank is proud to be an affirmative action/equal opportunity employer. M/F/D/V

Company details

Company typeXLarge
IndustryBanking
Company size10001

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Job description

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION: Performs a variety of commercial credit processes and controls for the central credit utility. Involved in other related risk and commercial business activities, as required. Responsibilities include independently spreading commercial customer and prospect financial statements for use in credit decisioning and risk evaluation. This involves analyzing and interpreting business and personal financial statement s of all types to recreate financial statement reports in a format that represents the bank's credit underwriting and risk evaluation principals. Also, responsible for assisting with monitoring a large portfolio of small commercial credit accounts with exposures as determined by Commercial Credit Policy.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Independently spread a variety of commercial customer and prospect financial statements of medium to high complexity in accordance with Bancorp published guidelines to ensure consistency and accuracy across Lines of business, industries, and regions.
  • Communicate with portfolio managers and relationship managers, knowledge of accounting and basic credit underwriting principals that drive spreading guidelines, financial reporting requirements, and financial covenants.
  • demonstrate working knowledge of nuances associated with different industries and the impact on financial reporting and probability of default Ratings in order to Serve as a subject matter Expert for the team.

- Assist in monitoring and assessing risk associated with the CCU's loan portfolio by executing assigned reviews and renewals in accordance with department procedures and Commercial Credit Policy.

  • assist with special projects, portfolio manager administrative tasks, and Support the Central credit Utility leadership as needed.

SUPERVISORY RESPONSIBILITIES: None

MINIMUM KNOWLEDGE & SKILLS REQUIRED:

- Bachelor's degree in accounting, finance or economics preferred or commensurate experience.

  • 2+ years of commercial credit or equivalent experience.
  • experience in spreading financial statements including commercial & Industrial, personal financial statements, individual tax returns, commercial Real Estate, governmental & Institutional, Dealer Floor Plan, not-for-profit and various specialtytypessuch as NFP Hospitals, structured Finance, Publicly Traded, international, energy, Restaurants, etc.
  • Must be proficient in basic software applications such as Microsoft Word and Excel.

- Good working knowledge of Fifth Third's internal applications such as CCAS, ACE and AFS and vendor supported systems such as Moody's Risk Analyst and Crowe Navigator is preferred.

  • Excellent attention to detail, Ability to work Independently, attentive to deadlines, Good interpersonal skills, proficient at multi-tasking, and possessive of strong verbal and written communication skills.
Credit Utility Analyst SeniorTotal Base Pay Range 61,200.00 - 125,500.00 USD Annual

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner. 

LOCATION -- Virtual, Ohio 00000

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting.  Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third.  Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

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Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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