Remote Small Business Credit Officer II

Fifth Third Bank; Ohio; Remote; USD 71,000 - 146,000; Full time

Job summary

Fifth Third Bank is seeking a Small Business Credit Officer II to review and decide on large, complex loan applications within a centralized environment. You will provide credit recommendations, analyze cash flow and balance sheets, and help structure loans while mentoring junior analysts.

Responsibilities include collaborating with sales to tailor loan structures, monitoring portfolios, and ensuring adherence to risk appetite.

Qualifications

• College degree in accounting, finance or economics is preferred.
• Two+ years in underwriting, portfolio monitoring, or similar business loan analysis.
• SBA knowledge preferred
• Basic knowledge of commercial lending and credit standards, policies, procedures, and products.
• Must be proficient in basic software applications such as Microsoft Access, Word and Excel.
• Familiarity with the Bank's internal applications is helpful.
• Must be attentive to detail and possess excellent verbal and written communication and organizational skills.

Responsibilities

• Spread financial statements based on loan package.
• Provide loan decisions and/or credit recommendations based on underwriting criteria, including loan structure, collateral, interest rate, and fees.
• Perform global cash flow and balance sheet analysis for small-business healthcare loans of up to $2 million.
• Independently prepare a written evaluation of a borrower's financial condition and future outlook, identifying risks and mitigation.
• Independently collaborate with the sales team in developing loan structures that meet the needs of the customer and adhere to the organizations risk appetite.
• Assist and mentor fellow team members in portfolio monitoring.
• Identify opportunities and recommend solutions for process improvements and software development.
• Mentor credit analysts to help them develop risk management skills and knowledge.
• Effectively communicate loan decision to loan originator.
• Identify and review all necessary due diligence items.
• Effectively communicate loan decision to loan originator.
• Negotiate terms & conditions of loan with originator.
• Miscellaneous job duties as assigned.

Skills

Underwriting

Portfolio monitoring

Credit analysis

Attention to detail

Communication skills

Education

College degree in accounting, finance or economics

Tools

Microsoft Access

Microsoft Word

Microsoft Excel

Job description

Fifth Third Bank is seeking a Small Business Credit Officer II to review and decide on large, complex loan applications within a centralized environment. You will provide credit recommendations, analyze cash flow and balance sheets, and help structure loans while mentoring junior analysts.

Responsibilities include collaborating with sales to tailor loan structures, monitoring portfolios, and ensuring adherence to risk appetite.