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Job description
Cincinnati, OH
nChicago, IL
nRosemont, IL
nCharlotte, NC
nFull time
nR72690
nMake banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
nThe Portfolio Manager I is responsible for managing a portfolio of commercial loans and underwriting transactions . This position is accountable for the ongoing review and analysis of financial statements, proactive portfolio monitoring, and direct client interaction to ensure a comprehensive understanding of borrower performance and risk profile. The Portfolio Manager I partner closely with Relationship Managers, Senior Portfolio Managers , and Credit Ri sk throughout the deal lifecycle. Responsibilities include covenant structuring and analysis, collateral evaluation, risk rating assessment, and the preparation of sound, well-supported credit recommendations.
nResponsible 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.
nESSENTIAL DUTIES AND RESPONSIBILITIES:
nnnMaintain an independent current and forward-looking view on the creditworthiness of each client and communicate this view to business and risk partners.
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nnP erform monitoring actions; conduct periodic deal reviews; and execute decisions to renew or modify deals.
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nnWork closely with Credit Risk , Senior Portfolio Managers and Relationship Managers to actively manage the bank's exposure to the clients in the portfolio.
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nnAnalyze historical financials and projections to ensure accurate risk ratings , early identification of emerging credit problems, and articulation of industry trends.
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nnManage underwriting, approval and documentation process for transactions which may include new money, loan extensions, amendments, waivers and ancillary products, including treasury management, FX, interest rate derivatives, and commodity exposure.
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nnReview and recommend credit decisions; perform final risk rating analysis; provide business partners with credit lending policy interpretation.
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nnEnsure compliance with internal policies and regulatory guidelines.
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nnActively involved in the training of junior team members.
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nnEnsure the highest standards of accuracy and integrity in system records and electronic files, supporting advanced compliance and data governance initiatives.
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n nSUPERVISORY RESPONSIBILITY:
nnR ole may be responsible for providing other employees , typically credit analysts, timely , candid, and constructive performance feedback. Developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.
n nMINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
nnnBachelor ' s degree in Finance , Business Administration, or related field.
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nnMinimum of 3 years of commercial banking credit experience that ideally includes equipment finance.
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nnStrong analytical skills and critical thinking skills.
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nnStrong verbal and written communication skills .
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nnProfessional presence (client-facing).
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nnAbility to partner with all deal stakeholders including clients, relationship manager and credit teams.
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nnExpertise in financial and risk analysis, including financial modeling.
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nnDemonstrated expertise in using effective problem solving.
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nnProficient in technology and the ability to learn new applications.
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nnAbility to manage multiple projects and meet deadlines .
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n nCommercial Portfolio Manager- Equipment Finance
nTotal Base Pay Range 71,100.00 - 145,900.00 USD Annual
nAt 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.
nThe 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.
nOur 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: or by consulting with your talent acquisition partner.
nLOCATION -- Cincinnati, Ohio 45202
nAttention 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.
nFifth 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.
nIntroduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step?
nFifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation's highest performing regional bank, but to be the bank people most value and trust.
Who can apply
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