Fifth Third Bancorp

CRE Credit Underwriter II

Fifth Third Bancorp • $82K — $172K *
Charlotte, NC 28269In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance, or economics required.
  • Over 7 years of total work experience in relevant fields.
  • Minimum of 4 years in commercial real estate underwriting, credit, or originations.
  • Proficient in basic Microsoft software applications (Word, Excel, Outlook).
  • Advanced Excel skills preferred.
  • Strong attention to detail with excellent verbal and written communication skills.
  • Highly organized with the ability to manage multiple tasks simultaneously.

Responsibilities

  • Underwrite new credits for new borrowers.
  • Collaborate with Relationship Managers on deal modeling and structuring.
  • Conduct deal pre-clearance activities with various groups.
  • Collect and verify due diligence information from multiple sources.
  • Prepare credit approval documents using all available resources.
  • Facilitate the credit approval process with appropriate stakeholders.
  • Negotiate legal documentation with counsel and RM.
  • Oversee closing, funding, and booking processes with key teams.
  • Address post-closing activities internally and externally.
  • Manage amendments and restructurings of underwriting processes.

Benefits

  • Comprehensive benefits supporting physical, financial, emotional, and social well-being.
  • Incentive compensation plan based on performance across multiple criteria.
  • Recognition programs for the impact employees have in the community and with customers.
Full Job Description
GENERAL FUNCTION: Work closely and effectively with LOB and Credit partners through the underwriting, credit approval, documentation, closing and funding, post-closing, and portfolio management procedures for credits. 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. ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Underwriting Focus on new money to new borrowers to the bank.
  • Work in cooperation with relationship Managers with initial deal review, modeling, and structuring. This will include the creation of the Opportunity Memo.
  • Work in cooperation with RM's with deal pre-clearance within the Structured Finance Group, Credit, Capital Markets/Syndications, and other constituents.
  • Work in cooperation with RM's, customers/prospects, and third-party providers to order, obtain and ascertain due diligence information as required.
  • Utilize and analyze all available resources to prepare the credit approval document, Change in terms.
  • Coordinate with the RM and Credit to obtain the proper credit approval.
  • Engage and manage legal counsel and negotiate legal documentation in conjunction with RM.
  • Complete and manage the closing, funding, and booking process in cooperation with the Funding Desk and Credit Collateral Operations.
  • Complete internal and external post-closing items.
  • Complete the underwriting process for deal amendments and restructurings.
  • Complete special projects and assignments as requested.
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
  • College degree in accounting, finance, or economics required.
  • Total work experience of 7+ years including 4+ years of CRE underwriting, credit, or originations experience.
  • Must be proficient in basic software applications such as Microsoft Word, Excel, Outlook, and Internet Explorer.
  • Advanced skills in Microsoft Excel a plus.
  • Must be attentive to detail and possess excellent verbal and written communication skills.
  • Must be highly organized and able to manage several detailed tasks and processes concurrently.
WORKING CONDITIONS:
  • Normal office environment with little exposure to dust, noise, temperature and the like.
  • Extended viewing of CRT screen.
  • Some travel required.
CRE Credit Underwriter II Total Base Pay Range 82,100.00 - 172,500.00 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 -- Chicago, Illinois 60606 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.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company, that specializes in small business, retail banking, investments, and mortgage.

Fifth Third Bancorp Careers

Join the vibrant team at Fifth Third Bancorp, a leading financial services company that values innovation, leadership, and diversity. As part of our commitment to professional growth and excellence, we offer a range of job opportunities that empower you to advance your career while contributing to the financial success of our clients. Work You’ll Do At Fifth Third Bancorp, you’ll be part of a culture that cherishes innovation and strategic thinking. Our team is dedicated to providing outstanding financial solutions to individuals and businesses alike. By joining us, you will collaborate with some of the industry’s most talented professionals, using your skills to influence positive change and drive efficiency. Explore a variety of career paths in areas such as finance, technology, customer service, and risk management. Whether you are looking for a full-time position, an internship, or leadership roles, Fifth Third Bancorp offers a dynamic environment where your career can flourish. Innovative Work Engage in projects that harness cutting-edge technology and innovative financial practices. At Fifth Third Bancorp, your work will directly impact our mission to improve lives and contribute to the economic stability of the communities we serve. Our team’s collaborative efforts lead to groundbreaking solutions, setting new standards in the financial industry. Be Part of a Great Team Fifth Third Bancorp is not just a company; it’s a community. Here, diversity and inclusion are at the core of our employment philosophy, ensuring every team member’s voice is heard and valued. We offer diversity training programs that enhance our understanding and appreciation of various perspectives, fostering an inclusive workplace. Future-Proof Your Career With Fifth Third Bancorp, you are set on a path of continuous professional development. Benefit from comprehensive benefits, mentorship, and networking opportunities that propel your career forward. Our leadership is committed to your success, providing support and guidance as you navigate through your career milestones. Stay Connected Join Our Team Discover the array of job opportunities at Fifth Third Bancorp by exploring positions that match your skills and interests. We are constantly hiring creative, curious, and motivated individuals who are ready to make a significant impact. Check out our current openings and find where you fit into our exceptional team. Keep Up to Date Stay informed with the latest career tips, industry insights, and professional growth opportunities available at Fifth Third Bancorp. Our careers blog is a resource for potential and current employees, offering valuable information to enhance your work experience and expand your knowledge base. Job Alert Emails Customize your experience by subscribing to receive job alerts, news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Fifth Third Bancorp. At Fifth Third Bancorp, we are more than just a bank. We are a place where careers are nurtured, achievements are celebrated, and diversity is embraced. Are you ready to take the next step in your professional journey? Join us and be part of something great.
Learn more about Fifth Third Bancorp
Size
19,247 employees
Market Cap
$22.3 billion
Industry
Finance & Insurance
Net Income
$1.4 billion
Founded
1858
5 Year Trend
+4.4%
NASDAQ
FITB
* Ladders Estimates

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