Fifth Third Bank Commercial Portfolio Manager II. in Chicago, Illinois
Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. As The curious bank, we've staked our claim on looking at things differently, at being better listeners and at showing more commitment. This applies to our relationships with customers and employees alike.
We employ about 19,000 people, and what we offer is:
A chance for employees to build their future, with supportive career development and financial wellness programs.
An environment where we win together. We celebrate achievement and work collaboratively. We're also a two-time Gallup Great Workplace honoree.
An invitation to impact lives in a positive and lasting way. Everything we do is geared toward improving lives. That's fun and exciting.
It comes down to the fact that Fifth Third is a warm and caring place to with which to grow # as a customer or as a team member.
Credit/SAG, within Fifth Third Bank's Risk division, encompasses Commercial and Consumer Credit Risk along with our Special Assets Group. Independent from the lines of business, our team of Credit/SAG professionals are responsible for the overall credit r isk strategy, risk assessment and oversight of the portfolio of commercial and consumer loans originated by the various lines of business. Balanced financial risk taking through a clearly established risk appetite is accomplished through underwriting, app roval, monitoring and portfolio management of loans across the various lending disciplines.
The Special Assets Group supports the workout of loans with associated credit risks that have been classified at or above defined risk levels deemed too high for the bank to manage in a traditional portfolio. Together, these three departments support the Credit Risk Strategic Framework focused on creating competitive advantage through independent, forward looking and proactive thought leadership.
Provide support to relationship managers, with medium to large portfolios that have moderate to complex degree of difficulty, in their daily duties in underwriting and monitoring credit, existing and proposed credit requests,providinghigh 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 appropriateaction onloans 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 thatactions 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:
Supports the Department Manager, Team Leader, and/or Relationship Managers in their sales and credit underwriting efforts including industry and company research, Blue memo preparation and assisting in the sales proposal process, includingaccompanyingthe 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, covenantandinsurance tracking, Dual Risk Rating updates, and Admin Loan Status Report updated and other commercial scorecard items.
Fifth Third Bank 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.
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED Bachelor's degree in accounting, finance or economics preferred. 3+ years of credit analysis and/or loan review experience, preferably in the banking industry. Or an advanced business degree with 3+yearsof 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.