Fifth Third Bank Syndications Account Coordinator in CINCINNATI, Ohio
Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. We've staked our claim on looking at things differently to making banking a Fifth Third Better. This applies to our relationships with customers and employees alike.
We employ about 18,000 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 three-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.
Fifth Third Bank's Wholesale division offers banking, cash management, and financial services to large and middle market businesses, government, and specialized industries. In addition to traditional lending and depository offerings, our commercial products and services include global cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, commercial leasing, and syndicated finance. We are a team of professionals focused on delivering innovative and client-specific solutions that leverage the Bank's expertise in treasury management, capital markets, and international products and services. Our sales process drives the delivery of financial solutions through a relationship team consisting of subject-matter experts who ensure all aspects of our client's needs are assessed and met.
Within Loan Syndications, coordinate borrowing and payment activities with both the customer and other members of the syndication. Independently manage a portfolio of 20-25 deals. Monitor financial statements, research past dues, analyzeoveragesandadvisethe deal teams so they understand the terms of the various deals. Provide payoff letters, confirm audits and confirm balances.
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 ensuresthatactions 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:
. Communicate directly with the customers and members
. Understand and interpret the credit agreement
. Complete all other deal maintenance activities including processing customer requests, communicating to members and customers, determining why members may be out of balance, following up on receipt of financial statements and wiresnotreceived,postingdocuments for borrowers and members, monitoring excess cash flow and collecting payments
. Keep customer within the guidelines of the agreement # manage borrowing increments, monitor the use, amounts and timing of LIBORs
. Advise customers in regards to the various product lines in relation to their deal
. Work with letters of credit
. Act as back up for Securitizations processing
. This position requires a year of experience in order to become fully functional in the role
SUPERVISORY RESPONSIBILITIES: None
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
. College degree preferred but not required
. Excellent communication skills. Need to be able to communicate effectively at all levels of an organization and maintain Fifth Third's reputational relationship with the customer, members and Street
. Prior commercial loan experience preferred but not required
. Ability to handle a heavy workload with precise attention to detail
. Excellent organizational skills
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.