Credit Analyst II - Renewable Energy

Fifth Third Bank - Charlotte, NC

Full-time - Mid Level

Charlotte, NC

Credit Intermediation and Related Activities

About the position

The Credit Analyst II at Fifth Third Bank plays a crucial role in supporting Portfolio Managers by underwriting and monitoring credit, performing analytical tasks, and identifying risks. This position requires proficiency in financial modeling and the ability to draft documents for credit reviews with limited support. The analyst is expected to develop skills in underwriting and manage the credit process while ensuring compliance with bank policies and procedures.

Responsibilities

• Partner with Portfolio Managers in credit and underwriting, performing analytical tasks as needed.
• Use critical thinking to identify and draft documentation.
• Regularly complete indicative credit information into Banking Systems with little to no errors.
• Prepare risk-rating scorecard and tickler event analysis, determining actions based on results in collaboration with PMs.
• Develop risk models and advise PMs of unforeseen obstacles that may impede meeting client expectations.
• Identify and determine monitoring analysis activities required.
• Verify covenants and define updates needed on ticklers.
• Monitor covenant completion and track past due or out of compliance covenants, recommending appropriate actions.
• Assess covenant compliance reporting and identify issues.
• Review covenant compliance certificates to understand performance and determine actions.
• Update financial covenants and calculations as needed.
• Run Probability of Default (PD) model with oversight.
• Understand and evaluate completed spreads to determine necessary edits in collaboration with the CCU team.
• Identify and recommend preliminary portfolio management actions using Credit Service reporting and RADAR with some oversight.
• Prepare ALSR reports with oversight.
• Run risk and projection models with oversight assumptions provided.
• Complete underwriting process with limited oversight.
• Create and complete a CAM with little to no errors.
• Review and re-write renewals for deals of limited complexity.
• Conduct portfolio analysis and develop materials for Portfolio Reviews in preparation for client meetings.
• Support Portfolio Managers and special projects.
• Take appropriate remedial actions to resolve deficiencies and escalate questions/disputes as necessary.
• Assist with training of new employees and work on special projects as assigned by management.

Requirements

• Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting).
• 2+ years of Commercial Banking experience.
• Sound financial and risk analysis understanding, including the ability to develop financial models.
• Extensive knowledge of banking products and services.
• Knowledge of corporate business structure and legal documents.
• General knowledge of U.S. government and regulation.
• Knowledge of the local or regional market preferred, but not required.
• Proficiency in internal banking applications.
• Strong verbal and written communication skills.
• Demonstrated expertise in effective problem solving and analytical skills with the ability to handle and prioritize multiple tasks.
• Proficient in all Microsoft Office software.

Nice-to-haves

• Knowledge of the local or regional market preferred, but not required.