Senior Credit Analyst

Talentify; New York (NY); On-site; USD 65,000 - 90,000; Full time

Job summary

Fifth Third Bank is seeking a Credit Analyst to perform underwriting and ongoing monitoring of credit portfolios. The role involves preparing credit approval memos, analyzing financial statements, and identifying key credit risks to support decisions.

The analyst will develop proficiency in underwriting end-to-end with guidance on more complex credits and participate in portfolio reviews to ensure risk is managed effectively.

Qualifications

• Experience with credit underwriting and financial statement analysis.
• Ability to identify key credit risks and present them clearly in memos.
• Proficiency in financial modeling and risk assessment.

Responsibilities

• Proactively monitor Credit Excellence and collect financial statements for renewals and reviews.
• Prepare succinct credit approval memos with risk analysis and terms.
• Monitor portfolio through covenant tracking and run risk rating models.
• Identify required monitoring analysis activities and execute them.

Skills

Underwriting

Financial modeling

Risk analysis

Credit monitoring

Covenant tracking

Financial statement reviews

Job description

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GENERAL FUNCTION:

The Credit Analyst is primarily responsible for completing the daily duties of underwriting and monitoring credit while performing analytical activities and identifying risks or issues as needed. In addition, a Credit Analyst drafts credit approval documents and review memos for loans and other ancillary products. documents and prepare for credit reviews. The Credit Analyst is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling.

The Credit Analyst is expected to build proficiency in underwriting, developing the ability to complete the underwriting process from beginning to end with limited oversight on increasingly complex credits. Additionally, the Credit Analyst will attend and support Portfolio Reviews as needed.

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 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