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GENERAL FUNCTION:
Collaborate effectively with Line of Business (LOB) and Credit Risk partners throughout the underwriting, credit approval, documentation, closing, funding, and post-closing procedures for credits.
Responsible for managing risk by openly exchanging ideas and opinions, elevating concerns, and adhering to policies and procedures. Ensure actions and behaviors drive a positive customer experience while operating within the bank's risk appetite. Achieve results by consistently identifying , assessing, managing, monitoring, and reporting risks of all types.
Essential Duties and Responsibilities:
Focus on new money deals for new and existing borrowers.
Focus on new investments for the CDC and assist in managing the CDC's CDFI portfolio.
Collaborate with Relationship Managers (RM) and Investment Directors (ID) on initial deal review, modeling, and structuring, including creating the Opportunity Memo.
Assist RM/IDs with deal pre-clearance within the Community Development Lending and Investment Group.
Work with RM/IDs, customers/prospects, and third-party providers to obtain due diligence information.
Utilize and analyze resources to prepare the credit approval document.
Coordinate with RM/ID and Credit Risk to obtain proper credit approval.
Engage and manage legal counsel and negotiate legal documentation with RM/ID.
Manage the closing, funding, and booking process in cooperation with Loan Closing Specialists and Credit Collateral Operations.
Complete internal and external post-closing items.
Underwrite deal amendments and restructurings.
Handle special projects and assignments as requested .
Aid in the development of junior team members.
Minimum Knowledge, Skills, and Abilities Required:
College degree in accounting, finance, business administration, or economics.
7+ years of total work experience, including 4+ years in underwriting, credit, or originations, preferably in banking or investment banking.
Knowledge of CRE and CDFI underwriting; LIHTC, NMTC, HTC is a plus.
Proficiency in Microsoft Word, Excel, Outlook, and Internet Explorer; advanced skills in Excel are a plus.
Attention to detail and excellent verbal and written communication skills.
Highly organized and able to manage multiple detailed tasks and processes concurrently.
Working Conditions:
Normal office environment with minimal exposure to dust, noise, temperature, etc.
Some travel is required .
All the above duties and responsibilities are essential job functions for which reasonable accommodation will be made. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. This position description is not to be construed as an exhaustive statement of duties, responsibilities or requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor, subject to reasonable accommodation.
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 US. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. 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.
Senior Underwriter CRE - CDLI
LOCATION -- Cincinnati, Ohio 45202
Fifth 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.