Commercial Middle Market Leadership Program

Fifth Third Bank; Detroit (MI); On-site; USD 48,000 - 96,000; Full time

Job summary

Fifth Third Bank in the United States is seeking candidates for the Commercial Middle Market Leadership Program, a structured management-training path with hands-on rotations through key departments to prepare for a permanent sales or credit role.

You will develop credit underwriting, financial analysis, client presentations, and cross-functional collaboration while traveling across the Bancorp footprint. Total base pay range and incentive opportunities are highlighted in the posting.

Qualifications

• Four-year degree in Finance or Accounting required.
• Relevant internships or co-op experience preferred.
• Excellent verbal and written communication skills.

Responsibilities

• Can complete underwriting with some revision/oversight by end of first rotation.
• Assess credit risk using financial statement, cash flow, industry, collateral and loan-structure analysis.
• Update financial covenants as needed.
• Run PD model with oversight.
• Support Portfolio Managers in underwriting and monitoring credit.
• Prepare client presentation materials using PowerPoint, Excel, Word.
• Use Dealpoint Profitability Analyzer to assess relationships and RAROC.
• Draft initial deal screen / opportunity memos.
• Build a network of contacts within Commercial and supporting divisions.
• Attend formal training and complete eLearning courses.

Skills

Strong verbal and written comms

Analytical skills

Teamwork

Multi-tasking

MS Office proficiency

Initiative

Education

Four-year undergraduate degree in Finance or Accounting

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 assigned duties and special projects within the defined framework of a management-training program involving hands-on rotations through key departments supporting Middle Market for assigned region. Becomes familiar with the business practices, operations, and procedures in each department rotation, acquiring the knowledge, skills, and experience required for assuming a permanent role (sales or credit) in a Commercial department.

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.

DUTIES AND RESPONSIBILITIES

• Can complete underwriting process with some revision / oversight (by the end of the 1st rotation)
• Demonstrate ability to assess credit risk using financial statement analysis, cash flow analysis, industry analysis, collateral analysis, guarantor analysis and loan structure analysis
• Accountable for updating financial covenants as needed
• Run Probability of Default (PD) model with oversight
• Partner with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing analytical tasks as needed
• Responsible for understanding and evaluating completed spreads to determine necessary edits
• Responsible for identifying and recommending preliminary portfolio management actions using Credit Service reporting and RADAR with some oversight
• Create client presentation materials using PowerPoint, Excel, Word
• Utilize Dealpoint Profitability Analyzer to assess the client relationship and determine RAROC value.
• Assist in identifying and qualifying prospects with Relationship Manager
• Partner with Relationship Managers, performing projects or analytical tasks as needed
• Draft initial deal screen / opportunity memos.
• Build an extensive network of contacts within Commercial and supporting divisions.
• Attend formal training classes, complete all assigned eLearning courses and participate in extensive self-learning.
• Perform other duties as assigned

SUPERVISORY RESPONSIBILITIES

None

KNOWLEDGE & SKILLS REQUIRED

• Four-year undergraduate degree in Finance or Accounting
• Relevant internships and co-op program experience
• Outstanding verbal and written communication skills
• Strong analytical skills
• Ability to work in a team environment
• Ability to multi-task and to be flexible
• Must be proficient with Microsoft office products, such as Word, Excel, PowerPoint
• Ability to demonstrate initiative

LOCATION / TRAVEL

Candidates will be required to complete rotations in assigned region with travel throughout the Bancorp footprint based on business need.

Commercial Middle Market Leadership Program

Total Base Pay Range 48,100.00 - 96,200.00 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 -- Cincinnati, Ohio 45202

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.