Commercial Participation Analyst

Fifth Third; Cincinnati (OH); On-site; USD 55,000 - 75,000; Full time

Job summary

Fifth Third Bank in Cincinnati, OH is seeking a Commercial Participation Analyst to own portfolio maintenance of standard bought participation loans, perform administrative and analytical duties, and liaise with relationship managers, corporate customers, and other stakeholders.

You will monitor dates, rates, and balances, ensure accuracy in processing, and resolve issues. Proficiency with bank systems and Excel is required to support money movements and reporting.

Qualifications

• Associates degree or equivalent training or experience.
• Experience in banking or financial services is preferred.
• Strong analytical and problem-solving skills.

Responsibilities

• Owns standard bought participation loans and maintains portfolio health.
• Monitors dates, rates, and balances in line with agent bank.
• Performs research to resolve problems promptly and accurately.
• Prepares and reviews money movement processes to meet SLAs.
• Analyzes notifications to identify inconsistencies or errors before posting.
• Maintains communication with agent banks for timely information exchange.

Skills

Problem-solving

Customer service

Interpersonal skills

Prioritization

Education

Associate degree or equivalent training

Tools

Bank systems

Excel

Job description

Make banking a Fifth Third betterWe connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.Position not available for immigration sponsorship.GENERAL FUNCTION: Owns portfolio maintenance of standard bought participation loans; performs administrative and analytical duties; acts as liaison between relationship managers, corporate customers, members, and other relevant stakeholders; maintains reporting; resolves problems; performs research. Ensure all daily processing and servicing functions are completed accurately and within service levels on multi-billion-dollar loans with potential for high-level customer and bank impact.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 & RESPONSIBILITIES:Owns standard bought participation loans within the overall bought participation portfolioMaintains healthy portfolio and proactively ensures dates, rates, and balances are in alignment with agent bankPerforms research needed to resolve problems in a timely mannerProvides thorough diligence in the move money processes that meets SLAs and prevents near miss/Ops lossesMonitors and resolves reporting (Suspect, Past Due, High Balance, Aged Wires, Int Adjustment and Bill Forward) and escalates to management when applicablePerforms thorough analysis of notifications to identify and remediate inconsistencies or errors prior to posting transactionsInputs required transactions as relayed in notifications from agent banks that include, but are not limited to, payments, rate changes, advances, and conversionsEstablishes relationship and maintains communication with Agent Bank to ensure timely and accurate exchange of information and moneySUPERVISORY RESPONSIBILITIES: NoneMINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:Associates degree or equivalent combination of training and work experienceOne to two years banking experience requiredProficient in Bank systems as well as Microsoft OfficeMinimal to no supervision requiredAbove average problem-solving skills and customer service skills requiredGood interpersonal skills, ability to handle and prioritize multiple tasks, and experience with Word and Excel required#LI-EG1Commercial Participation AnalystAt 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.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 45227Attention 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.