RCC Direct Lending Credit Manager I

Fifth Third; United States; On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Comprehensive benefits

Incentive compensation plan

Job summary

Fifth Third Bank in Cincinnati, OH is seeking a RCC Direct Lending Credit Manager I to oversee underwriting, credit policy and risk controls for the Regional Credit Center across multiple states. You will lead a team of up to 20 specialists, drive compliance with state and federal regulations, and partner with Mortgage/Retail/AP teams to optimize growth while protecting credit quality.

The role offers comprehensive benefits and incentive compensation; base salary varies by pay grade and

Qualifications

• Bachelor’s degree in Business or Finance or equivalent work experience.
• Minimum 5 years management experience in Consumer Lending, Banking, Financial Services.
• Minimum 5 years consumer credit experience.
• Ability to negotiate with others and build consensus.
• Ability to interact with all levels of management and external customers.
• Demonstrated leadership and project management skills.
• Strong interpersonal, written and verbal communications skills.
• Strong presentation/public speaking skills.
• Ability to manage priorities and tasks.
• Ability to work in a team environment.
• Proficiency with MS Office, Word, Excel, PowerPoint.
• SAFE Act registration at time of employment via NMLS.

Responsibilities

• Manage development, implementation and monitoring of lending procedures for the RCC functions.
• Direct Lending underwriting to meet business objectives and ensure compliance with policies and regulations.
• Proactively manage production and efficiencies meeting credit and service quality standards.
• Manage cost of production per unit to meet revenue initiatives.
• Develop cooperative relationships with key business partners across divisions and with external customers.
• Collaborate with Product Management, Risk Management, Retail Administration, Compliance and Residential Mortgage to maximize sales and manage risk.
• Partner with RCC Direct Lending Manager to identify and implement improvements to increase productivity.
• Develop and maintain relationships with Affiliate Banks through regular onsite visits and presentations.

Skills

Management experience

Consumer lending

Consumer credit

Negotiation

Communication

Leadership

Project management

MS Office

Education

Bachelor's degree in Business or Finance

Tools

MS Office

Word

Excel

PowerPoint

Job description

Make banking a Fifth Third better. We connect great people to great opportunities. Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION: Manages Direct Lending and credit quality for senior underwriters II and III, while supporting growth and profitability initiatives for the Regional Credit Center across multiple states, Affiliates and geographic regions. This position manages the day-to-day credit functions of underwriting, including up-sell, cross-sell, reporting and final credit decisions for assigned Affiliates within the Regional Credit Center. Direct responsibility for granting credit for real estate secured and non-real estate secured lending for assigned Affiliates. Develops and manages relationships between the Regional Credit Center and Affiliate management. 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.

• Manages the development, implementation and monitoring of lending procedures and practices for the Regional Credit Center functions (Underwriting and Up-sell, Cross-sell, Reporting, Final Credit Decisions and Compliance).
• Manages Direct Lending underwriting, to achieve business objectives and assure compliance of state, federal and Bancorp policies, laws and regulations for their assigned Affiliates.
• Proactively manages production and efficiencies meeting the credit and service quality level standards for the Regional Credit Center.
• Manages the cost of production/per unit to meet revenue initiatives.
• Develops cooperative relationships with key business partners across divisions (Mortgage/Retail/Affiliate Administration, Risk Management, Product Development, Compliance, IT) and internal and external customers (Vendors).
• Collaborates with Product Management, Risk Management, Retail Administration, Compliance and Residential Mortgage to maximize sales and manage risk.
• Partners with RCC Direct Lending Manager to identify and implement improvements to increase productivity and improve efficiencies for the Direct Lending Regional Credit Center.
• Develops and maintains relationships with Affiliate Banks through regular onsite visits and presentations.
• Consumer lending credit authority is commensurate with consumer lending authority guidelines and business need.
• Collaborates with Regional Credit Center peers to identify and implement best practices as standards throughout the Regional Credit Centers.
• Participates in the development and recommendation of Direct Lending strategy, credit policy and practices.
• Manages employee turnover to bank goals.

SUPERVISORY RESPONSIBILITIES

• Manages up to 20 non-exempt employees.
• Leads departmental employees by providing timely and constructive performance feedback.
• Manages the hiring, performance appraisal and termination process for the RCC assigned group.
• Develops employees by providing challenging opportunities to enhance career growth.
• Ensures employees have adequate levels of training to conduct duties.
• Develops talent pool to provide for succession planning.
• Recognizes and rewards employees for accomplishments.
• Directs and manages weekly staff meetings or other forms of communication to facilitate the exchange of information within the department and Affiliate.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED

• Bachelor's degree in Business or Finance or equivalent work experience.
• Minimum 5 years management experience in Consumer Lending, Banking, Financial Services.
• Minimum 5 years consumer credit experience.
• Ability to negotiate with others and build consensus.
• Ability to interact with all levels of management and external customers.
• Demonstrated leadership and project management skills.
• Strong interpersonal, written and verbal communications skills.
• Strong presentation/public speaking skills.
• Ability to manage priorities and tasks.
• Ability to work in a team environment.
• Proficiency with MS Office, Word, Excel, PowerPoint.
• This position requires SAFE Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS).

WORKING CONDITIONS

Normal office environment with little exposure to dust, noise, temperature and the like. Extended viewing of CRT screen. Travel required 10%.

RCC Direct Lending Credit Manager I

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 45242

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.