Commercial Credit Analyst - Equipment Finance

Fifth Third Bank, N.A.; Chicago (IL); On-site; USD 54,000 - 112,000; Full time

Job summary

Fifth Third Bank, N.A. is seeking a Commercial Credit Analyst for Equipment Finance to monitor credit excellence, prepare underwriting materials, and manage portfolio risk. You will coordinate with CCU teams to ensure accurate assessments and timely updates across reports.

The role requires 2+ years in commercial banking, strong financial analysis, and solid knowledge of banking products. You will work in a fast-paced environment with a focus on accuracy and collaboration.

Qualifications

• Bachelor's degree in Business, Finance, or Accounting.
• 2+ years of Commercial Banking experience.
• Strong financial and risk analysis skills including modeling.
• Knowledge of banking products and services.
• Understanding of corporate structure and legal documents.
• General knowledge of U.S. government and regulation.
• Proficiency in internal banking applications.
• Strong verbal and written communication abilities.
• Experience in handling multiple tasks with attention to detail.
• Proficient in Microsoft Office.

Responsibilities

• Proactively monitor Credit Excellence and initiate collection of financial statements for renewals and reviews.
• Prepare concise credit approval memos with company and industry descriptions, risks, and terms.
• Perform ongoing portfolio monitoring including covenant tracking and financial reviews.
• Identify and determine monitoring analysis activities needed.
• Verify covenants and define necessary updates on ticklers.
• Monitor covenants, track past due/compliance and recommend actions.
• Review spreads and coordinate with CCU to resolve edits or corrections.
• Generate portfolio reporting for credit leadership and relationship managers.
• Prepare Criticized Period Reviews with oversight.
• Run projection models with provided assumptions.
• Complete underwriting with minimal oversight.
• Prepare portfolio analysis and Portfolio Review materials.
• Ensure data integrity across internal systems and reports.
• Escalate data or documentation deficiencies as needed.
• Identify emerging risks and escalate appropriately.
• Maintain knowledge of Bancorp credit policies and procedures.
• Perform Borrowing Entity PD Ratings and Obligation LGD Ratings.
• Assist with training and onboarding.

Skills

Credit analysis

Financial modeling

Risk assessment

Communication skills

Microsoft Office

Education

Bachelor's degree in Business/Finance/Accounting

Tools

Internal banking applications

Excel

Job description

Chicago, IL

Cincinnati, OH

Rosemont, IL

Hunt Valley, MD

Full time

R71394

Make banking a Fifth Third better® We connect great people to great opportunities.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Responsible for proactively monitoring Credit Excellence and initiating collection of financial statements for upcoming renewals and periodic reviews.

• Prepare succinct credit 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.

• Complete ongoing portfolio monitoring, including covenant tracking, financial statement reviews, and run risk rating models.

• 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

• Responsible for understanding and evaluating completed spreads to determine necessary edits working in collaboration with the CCU teamworks to identify and 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.

• Prepare Criticized Period Reviews reports with oversight

• Responsible for running projection models with assumptions provided

• Responsible for completing underwriting process with limited oversight

• Prepares portfolio analysis and Portfolio Review materials

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

• Take appropriate action to resolve data, documentation, or analysis deficiencies and elevate questions to the appropriate level

• Identify emerging risks or negative trends and Escalate appropriately.

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

• Perform Borrowing Entity PD Ratings and Obligation LGD Ratings.

• May assist with 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 software

Commercial Credit Analyst - Equipment Finance

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 -- Chicago, Illinois 60606

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.

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.