Note: The job is a remote job and is open to candidates in USA. Fifth Third Bank is a banking institution seeking a Senior Credit Utility Analyst to support its central commercial credit utility. The role independently spreads and analyzes commercial and personal financial statements, supports credit decisioning and risk evaluation, monitors a portfolio of small commercial credit accounts, and assists with related projects and administrative activities.
Responsibilities
- Independently spread a variety of commercial customer and prospect financial statements of medium to high complexity in accordance with Bancorp published guidelines to ensure consistency and accuracy across Lines of business, industries, and regions
- Communicate with portfolio managers and relationship managers, knowledge of accounting and basic credit underwriting principals that drive spreading guidelines, financial reporting requirements, and financial covenants
- Demonstrate working knowledge of nuances associated with different industries and the impact on financial reporting and probability of default Ratings in order to Serve as a subject matter Expert for the team
- Assist in monitoring and assessing risk associated with the CCU's loan portfolio by executing assigned reviews and renewals in accordance with department procedures and Commercial Credit Policy
- Assist with special projects, portfolio manager administrative tasks, and Support the Central credit Utility leadership as needed
Skills
- 2+ years of commercial credit or equivalent experience
- Experience in spreading financial statements including commercial & Industrial, personal financial statements, individual tax returns, commercial Real Estate, governmental & Institutional, Dealer Floor Plan, not-for-profit and various specialtytypessuch as NFP Hospitals, structured Finance, Publicly Traded, international, energy, Restaurants, etc
- Must be proficient in basic software applications such as Microsoft Word and Excel
- Excellent attention to detail, Ability to work Independently, attentive to deadlines, Good interpersonal skills, proficient at multi-tasking, and possessive of strong verbal and written communication skills
- Bachelor's degree in accounting, finance or economics preferred or commensurate experience
- Good working knowledge of Fifth Third's internal applications such as CCAS, ACE and AFS and vendor supported systems such as Moody's Risk Analyst and Crowe Navigator is preferred
Benefits
- 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.
- Virtual work location in Ohio
Company Overview
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