Summer 2027 Interns - Asset Based Lending

Fifth Third Bank, N.A.

Chicago (IL)

On-site

USD 44,000 - 68,000

Full time

7 days ago
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Job summary

Fifth Third Bank, National Association is offering a Summer 2027 Interns - Asset Based Lending in Chicago, IL. The role supports the originations process, underwriting and portfolio management with focus on ABL transactions, including deal screening, credit review and loan admin tasks.

The intern will work with originations, underwriting and portfolio teams, contributing to pitching, structuring and executing ABL solutions across the Commercial Bank platform.

Qualifications

  • Pursuing Bachelor’s degree with strong financial or business background.
  • Graduation date between December 2027 - May 2028 ONLY.
  • Minimum 3.3 GPA required.
  • Excellent presentation skills, both oral and written.
  • Strong analytical skills and an interest in financial analysis, corporate finance and financial markets.
  • Good working knowledge of financial modeling and valuation.
  • Exceptional verbal and written communication skills.
  • Ability to draw conclusions based on financial data.
  • Process orientation and attention to detail.

Responsibilities

  • Provide analytical support to Asset Backed Finance deal team in originations.
  • Support pitching, structuring, and evaluating ABL transactions.
  • Assist origination, underwriting and portfolio teams through execution.
  • Prepare presentation materials for credit approval and client meetings.
  • Collaborate with deal team across corporate banking groups.

Skills

Financial analysis
Presentation skills
Analytical skills
Financial modeling
Valuation
Credit analysis
Attention to detail
Communication skills

Education

Pursuing Bachelor’s degree

Tools

Financial software

Job description

Chicago, IL

Full time

R71373

Make banking a Fifth Third better®We connect great people to great opportunities.

What You’ll Do

Performs a wide range of complex analytical support functions. Apply analytical skills to provide high quality work products to support calling efforts of Asset Backed Finance deal team members in the originations process. The ABL intern works with the originations, underwriting and portfolio teams to support the overall execution process for asset-based lending transactions at Fifth Third Bank. The ABL team is responsible for pitching, structuring, and executing ABL and managing solutions across the entire Fifth Third Commercial Bank platform. Focused on supporting all aspects of originations, underwriting and portfolio management execution including originations support, deal screening, credit review/monitoring, loan approval preparation and presentation to credit teams, funding and operations and loan system setup and administration

ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Ability to find, research and assess financial information
  • Develop understanding of pitching, structuring, monitoring and executing ABL transactions to targeted Fifth Third clients
  • Support day-to-day coverage, origination, and transaction management responsibilities for existing and prospective clients including covered Sponsors
  • Develop familiarity with broad economic and market trends
  • Support underwriting approval and loan closing processes including loan systems setup and administration and preparation of presentation materials for credit approval
  • Preparation of pitch materials and market updates for client meetings
  • Work with ABL group, in addition to other corporate banking groups on deal team presentations
  • Apply knowledge of credit analysis, asset-based lending and capital markets activity
Required Knowledge and Skills
  • Pursuing Bachelor’s degree with strong financial or business background
  • Graduation date between December 2027 - May 2028 ONLY
  • Minimum 3.3 GPA required
  • Excellent presentation skills, both oral and written
  • Strong analytical skills and an interest in financial analysis, corporate finance and financial markets
  • Good working knowledge of financial modeling and valuation
  • Exceptional verbal and written communication skills.
  • Ability to draw conclusions based on financial data
  • Process orientation and attention to detail

Candidates must be authorized to work in the U.S. without the need for employment-based immigration sponsorship now or in the future

Job Location:
  • Chicago, IL
Compensation:

We offer a competitive base salary that is reflective of the range of salary levels for all roles within this pay grade across the US. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.

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.

#earlycareers #onebanksummerexperience

Summer 2027 Interns - Asset Based Lending

Total Base Pay Range 43,680.00 - 67,700.00 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.

LOCATION -- Chicago, Illinois 60606

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.

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