Sr. Commercial Participation Analyst

Fifth Third; United States; On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Extensive benefits programs

Job summary

Fifth Third Bank is seeking a Sr. Commercial Participation Analyst to manage a high-profile bought participation portfolio and coordinate with relationship managers and corporate customers.

The role requires strong analytical ability, attention to risk, and strict SLAs for processing and reporting. Candidates should have 3–5 years of banking experience, proficiency in Bank systems and Microsoft Office, and excellent interpersonal skills.

Qualifications

• Three to five years banking experience required.
• Proficient in Bank systems as well as Microsoft Office.
• Minimal to no supervision required.
• Above average problem-solving skills and customer service skills required.
• Good interpersonal skills, ability to handle and prioritize multiple tasks, and experience with Word and Excel required.

Responsibilities

• Owns high-profile, complex portfolio within the overall bought participation portfolio; this portfolio consists of, but not limited to, subscription, high-value, tiered fees and rates, and multiple-currency loans.
• Maintains healthy portfolio and proactively ensures dates, rates, and balances are in alignment with agent bank.
• Balances loans within own portfolio and escalated by team members.
• Handles escalated inquiries and issues.
• Performs research needed to resolve problems in a timely manner.
• Aligns portfolio maintenance with stakeholder expectations proactively.
• Collaborates proactively with department coworkers to remove obstacles to providing exceptional client support.

Skills

Banking experience

Customer service

Problem solving

Interpersonal skills

Prioritization

Tools

Bank systems

Microsoft Office

Job description

Make banking a Fifth Third better® We 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 high-profile, complex bought participation loans; performs administrative and analytical duties; acts as liaison between relationship managers, corporate customers, members, and other relevant stakeholders; maintains reporting; conducts special projects; resolves problems; point of escalation for bought portfolio; performs research; keeps management informed of special customer needs or problems. 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 high-profile, complex portfolio within the overall bought participation portfolio; this portfolio consists of, but not limited to, subscription, high-value, tiered fees and rates, and multiple-currency loans
Maintains healthy portfolio and proactively ensures dates, rates, and balances are in alignment with agent bank
Balances loans within own portfolio and escalated by team members
Handles escalated inquiries and issues
Performs research needed to resolve problems in a timely manner
Aligns portfolio maintenance with stakeholder expectations proactively
Collaborates proactively with department coworkers to remove obstacles to providing exceptional client support
Provides thorough diligence in the move money processes that meets SLAs and prevents near miss/Ops losses
Coordinates communication with stakeholders and members
Maintains accounting spreadsheets and addresses questions and issues raised by the accounting department
Monitors reporting (Suspect, Past Due, High Balance, Aged Wires, Int Adjustment and Bill Forward) and escalates to management when applicable
Responsible for haphazard quality review of portfolio
Owns new loan onboarding process that consists of reviewing new loans serviced by Bought Participations and providing necessary servicing instructions to relevant parties
Works in conjunction with management to ensure queues are processed within SLA, portfolios are appropriately divided, and day-to-day work fluctuations are proactively managed

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

Three to five years banking experience required
Proficient in Bank systems as well as Microsoft Office
Minimal to no supervision required
Above average problem-solving skills and customer service skills required
Good interpersonal skills, ability to handle and prioritize multiple tasks, and experience with Word and Excel required
#LI-EG1 Sr. Commercial Participation Analyst

COMPENSATION:

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.

BENEFITS:

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:

Farmington Hills, Michigan 48331-3552

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.

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.

Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step? 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.