Commercial Credit Analyst

Fifth Third Bank; Bakersfield (CA); On-site; USD 54,000 - 112,000; Full time

Job summary

Fifth Third Bank in San Jose, California is seeking a Credit Analyst to underwrite and monitor credit, prepare credit approval memos, and perform financial analysis to identify risks and opportunities. You will develop financial models, track covenants, support portfolio reviews, and ensure data integrity across systems while contributing to timely credit decisions.

Qualifications include a Bachelor’s degree in Business and 2+ years of commercial banking experience; strong communication,

Qualifications

• Bachelor’s degree in Business (e.g. Business Administration, Finance, or Accounting).
• 2+ years of Commercial Banking experience.
• Strong financial modeling and risk analysis abilities.
• Knowledge of banking products, services and U.S. regulations.
• Proficiency in internal banking applications and MS Office.

Responsibilities

• Underwrite and monitor credit while performing analytical activities and identifying risks.
• Draft credit approval documents and review memos for loans and ancillary products.
• Complete ongoing portfolio monitoring including covenant tracking and financial statement reviews.
• Prepare pipeline and portfolio reporting for credit leadership and relationship managers.
• Support portfolio reviews and assist with training and onboarding as needed.

Skills

Financial analysis

Credit underwriting

Microsoft Office

Communication skills

Attention to detail

Problem solving

Risk management

Education

Bachelor’s degree in Business

Tools

Banking software

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:

The Credit Analyst is primarily responsible for completing the daily duties of underwriting and monitoring credit while performing analytical activities and identifying risks or issues as needed. In addition, a Credit Analyst drafts credit approval documents and review memos for loans and other ancillary products. documents and prepare for credit reviews. The Credit Analyst is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling.

The Credit Analyst is expected to build proficiency in underwriting, developing the ability to complete the underwriting process from beginning to end with limited oversight on increasingly complex credits. Additionally, the Credit Analyst will attend and support Portfolio Reviews as needed.

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:

• Responsible for proactivelymonitoringCredit Excellence andinitiatingcollection of financial statements for upcoming renewals and periodic reviews.

• Prepare succinctcredit approval memos with minimal errors,including company and industry descriptions, key credit risks, historical analysis, base and downside case projection assumptions/rationale and terms and conditions.

• Completeongoing portfolio monitoring, including covenant tracking, financial statement reviews,and runrisk ratingmodels.

• Identifyanddeterminemonitoring analysis activitiesrequired

• Verify covenants and define updates needed on ticklers

• Monitor covenant completion and track past due or out of compliance covenants and recommendappropriate courseof action

• Responsible for understanding and evaluating completed spreads todeterminenecessary edits working in collaboration with the CCUteamworkstoidentifyand resolve required edits or corrections

• Generate and provide various pipeline and portfolio reporting as needed to credit leadership, portfolio managers, underwriters, relationshipmanagersand others as needed.

• PrepareCriticized Period Reviewsreportswith oversight

• Responsible for running projection models with assumptions provided

• Responsible for completing underwriting process with limited oversight

• Preparesportfolio analysis and Portfolio Reviewmaterials

• Ensure accuracy, integrity, and timeliness of credit data across internal systems and reports

• Takeappropriate actionto resolve data, documentation, or analysis deficiencies and escalatquestions to the appropriate level

• Identifyemerging risks or negative trends and escalatappropriately.

• Maintain a working knowledge of Bancorp credit policies,guidelinesand procedures.

• Perform Borrowing Entity PD Ratings and Obligation LGD Ratings.

• Mayassistwith training and onboarding of new employees

• May support special projects or ad hoc analysis as assigned by management

SUPERVISORY RESPONSIBILITY:

None

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• 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.
• Proficiency in internal banking applications.
• Strong verbal and written communication skills.
• Demonstrated strong problem-solving and analytical skills, with the ability to manage and prioritize multiple tasks while maintaining close attention to detail.
• Proficient in all Microsoft Office softwareCommercial Credit Analyst

Total Base Pay Range 54,400.00 - 111,500.00 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 - San Jose, California 95113

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.