Small Business Credit Officer II
Location
Ohio
Posted
1 day ago
Salary
$71.1K - $145.9K / year
Seniority
Mid Level
Job Description
Small Business Credit Officer II
Fifth Third Bank
• Review and decision small business loan applications for high dollar and complex loans. • Assist peers through the loan decision process, offering expertise on financial analysis and loan structuring. • Responsible for spreading financial statements based on information provided in the loan package. • Provide loan decisions and/or credit recommendations based on a review of all underwriting criteria. • Perform global cash flow and balance sheet analysis for small-business healthcare loans of up to $2 million. • Prepare a written evaluation of a borrower's financial condition and future outlook, identifying risks and mitigation. • Collaborate with the sales team in developing loan structures that meet customer needs and adhere to the organizations risk appetite. • Assist and mentor fellow team members in portfolio monitoring. • Identify opportunities and recommend solutions for process improvements and software development. • Effectively communicate loan decision to loan originator.
Job Requirements
- College degree in accounting, finance or economics is preferred.
- Two+ years in underwriting, portfolio monitoring, or similar business loan analysis.
- Basic knowledge of commercial lending and credit standards, policies, procedures, and products.
- Must be proficient in basic software applications such as Microsoft Access, Word and Excel.
- Familiarity with the Bank's internal applications is helpful.
- Must be attentive to detail and possess excellent verbal and written communication and organizational skills.
Benefits
- Health insurance
- Retirement plans
- Paid time off
- Flexible work arrangements
- Professional development
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