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GENERAL FUNCTION: Provide support to relationship managers, with large to upper middle market portfolios that have a very complex degree of difficulty, in their daily duties in underwriting and monitoring credit, existing and proposed credit requests, providing high level customer service support, assisting in cross sell effort and performing special projects for the department manager. Prepares documentation required for the processing of loans, reviews status of existing loans, takes appropriate action on loans that are mature or past due, and assists relationship managers in loan closings.
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.
DUTIES AND RESPONSIBILITIES:
* Supports the Department Manager, Team Leader, and/or Relationship Managers in their sales and credit underwriting efforts including industry and company research, approval document preparation and assisting in the sales proposal process, including accompanying the Relationship Managers on customer and prospect calls, and various other sales/customer oriented projects.
* Completes all requirements of loan bookings, to include all preparation, review, documentation and filing.
* Develops a working knowledge of all customers, businesses, and prospect opportunities.
* Responsible for all loan document preparation, including third party document coordination, completion and review.
* Collects and reviews all required collateral information.
* Reviews current account status, to include but not limited to, Past Due accounts and Notes Matured. Makes appropriate recommendations for these accounts.
* Supports the Relationship Manager in monitoring on n on-going basis information concerning customer performance, abilities, and industry to determine that loan is an acceptable risk. This will consist of but not be limited to statement, covenant and insurance tracking, Dual Risk Rating updates, and Admin Loan Status Report updated and other private bank scorecard items.
SUPERVISORY RESPONSIBILITIES: None
KNOWLEDGE & SKILLS REQUIRED: Bachelor's Degree in accounting, finance or economics preferred. 5+ years of credit analysis and/or loan review experience, preferably in the banking industry. Or an advanced business degree with 5+ years of business related experience. Must be proficient in basic software applications such as Microsoft Word and Excel. Familiarity with the Bank's internal applications is a plus.
At Fifth Third Bank, we understand the importance of rewarding our employees for their hard work and dedication; therefore, our Total Rewards offering includes a differentiated compensation package and comprehensive benefits.
Benefits: Our benefits programs are designed to support the health, happiness, and financial well-being of our employees and their families. Your benefits will include access to comprehensive medical, dental, and vision coverage, a 401(k) plan and employee stock purchase plan that both offer a generous employer match, flexible paid time off, comprehensive leave programs, and unique benefits to support your overall mental and physical wellness. For additional details, please contact your recruiter
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 geographic location, specific position requirements and individual skills, experience, and education. 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.
Private Bank Custom Credit Underwriter IIITotal Base Pay Range 80,500.00 - 169,100.00 USD AnnualLOCATION -- Birmingham, Michigan 48009Fifth 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.