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GENERAL FUNCTION: Performs a variety of assigned duties and special projects within the defined framework of a management-training program involving hands-on rotations through key departments supporting Middle Market for assigned region. Becomes familiar with the business practices, operations, and procedures in each department rotation, acquiring the knowledge, skills, and experience
required for assuming a permanent role (sales or credit) in a Commercial department.
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:
Can complete underwriting process with some revision / oversight (by the end of the 1st rotation)
Demonstrate ability to assess credit risk using financial statement analysis, cash flow analysis, industry analysis, collateral analysis, guarantor analysis and loan structure analysis
Accountable for updating financial covenants as needed
Run Probability of Default (PD) model with oversight
Partner with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing analytical tasks as needed
Responsible for understanding and evaluating completed spreads to determine necessary edits
Responsible for identifying and recommending preliminary portfolio management actions using Credit Service reporting and RADAR with some oversight
Create client presentation materials using PowerPoint, Excel, Word
Utilize Dealpoint Profitability Analyzer to assess the client relationship and determine RAROC value.
Assist in identifying and qualifying prospects with Relationship Manager
Partner with Relationship Managers, performing projects or analytical tasks as needed
Draft initial deal screen / opportunity memos.
Build an extensive network of contacts within Commercial and supporting divisions.
Attend formal training classes, complete all assigned eLearning courses and participate in extensive self-learning.
Perform other duties as assigned
SUPERVISORY RESPONSIBILITIES: None
KNOWLEDGE & SKILLS REQUIRED:
Candidates must be authorized to work in the U.S. without the need for employment-based immigration sponsorship now or in the future.
Four-year undergraduate degree in Finance or Accounting
Graduating Class of 2026
GPA - 3.0 or higher
Relevant internships and co-op program experience
Outstanding verbal and written communication skills
Strong analytical skills
Ability to work in a team environment
Ability to multi-task and to be flexible
Must be proficient with Microsoft office products, such as Word, Excel, PowerPoint
Ability to demonstrate initiative
Location / Travel: Candidates will be required to complete rotations in assigned region with travel throughout the Bancorp footprint based on business need.
Compensation:
We offer a competitive base salary that 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.
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.
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Commercial Middle Market Leadership Program
Total Base Pay Range 48,100.00 - 96,200.00 USD Annual
At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
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 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.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- Detroit, Michigan 48226
Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
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.
