Small Business Credit Officer II - SBA

Fifth Third; Kentucky; On-site; USD 71,000 - 146,000; Full time

Job summary

Fifth Third Bank is seeking a Credit Officer II for SBA small business loans in a virtual environment. You will review financials, provide credit decisions, and structure loans up to $2 million, while mentoring analysts and collaborating with sales to meet customer needs.

The role requires experience in underwriting, financial analysis, and knowledge of SBA lending; strong communication and detail orientation are essential, with base pay described and incentive options discussed.

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.
• Perform global cash flow and balance sheet analysis for small-business healthcare loans up to $2 million.
• Independently prepare a written evaluation of a borrower's financial condition and future outlook, identifying risks and mitigation.
• Collaborate with sales team in developing loan structures that meet customer needs and risk appetite.
• Mentor credit analysts to develop risk-management skills.
• Identify opportunities and recommend solutions for process improvements and software development.
• Negotiate terms & conditions of loan with originator.
• Communicate loan decisions to loan originator.

Skills

Underwriting experience

Portfolio monitoring

Financial analysis

Microsoft Excel

Microsoft Word

Microsoft Access

Education

Bachelor’s degree in accounting/finance/economics

Tools

Microsoft Access

Microsoft Word

Microsoft Excel

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

Review and decision small business loan applications, in a centralized environment, for high dollar and complex loans. Assist peers and those less experienced through the loan decision process, offering expertise on financial analysis and loan structuring. 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 spreading financial statements based on information provided in the loan package.
• Provide loan decisions and/or credit recommendations based on a review of all 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.

SUPERVISORY RESPONSIBILITIES

None.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED

• 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.

SERVICE LENGTH/LOCATION

Virtual, Ohio 00000

COMPENSATION & BENEFITS

Small Business Credit Officer II - SBA Total Base Pay Range 71,100.00 - 145,900.00 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.

RECRUITMENT NOTICE

Attention 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.

EEO STATEMENT

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.

ADDITIONAL INFORMATION

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.