Fifth Third Bancorp

Underwriting Associate - Renewable Energy Finance

Fifth Third Bancorp • $82K — $172K *
Chicago, IL 60629In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Business Administration, or a related field.
  • Minimum of 3 years' experience in underwriting renewable energy project finance (debt and/or tax equity).
  • Solid credit agreement and underwriting skills.
  • Attention to detail with excellent verbal and written communication skills.
  • Strong analytical capability, critical thinking, and problem-solving skills.
  • Proficiency in Microsoft Excel; strong working knowledge of Word, Outlook, and related applications.

Responsibilities

  • Perform detailed due diligence on companies, industries, management teams, and other relevant information.
  • Build detailed financial projection models to analyze capital structures, performance trends, and credit metrics.
  • Prepare succinct underwriting memorandums that outline company and industry descriptions, key credit risks, and projection assumptions.
  • Establish strong working partnerships with key internal partners including other Underwriters, Debt Capital Markets, and Credit Risk.
  • Manage multiple transactions/projects effectively.
  • Communicate status updates and prioritization clearly to deal team members under senior underwriters' direction.
  • Train and develop Credit Analysts, providing feedback and coaching on credit memos and financial modeling.

Benefits

  • Extensive benefits programs to support individual needs and family well-being, covering physical, financial, emotional, and social well-being.
Full Job Description

GENERAL FUNCTION:

The ideal candidate will havea solidcredit agreement and underwriting skills, and the ability toidentifykey credit risks.This position is client-facing, requiring the individual toassistin diligence callsin support of deal teamsand support the negotiation of credit agreements.Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies andprocedures as defined. Accountable for always doing the right thing for customers andcolleagues andensures that actions and behaviorsdrive a positive customer experience. Whileoperatingwithin the Bank27s risk appetite,achievesresults by consistentlyidentifying, assessing,managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Perform detailed due diligence on companies, industries, management teams, and other relevant information.

  • Build detailed financial projection models to analyze capital structures, performancetrends,and credit metrics.

  • Prepare succinct underwriting memorandums, including company and industry descriptions, key credit risks, historicalanalysis, base and downside case projection assumptions/rationale and terms and conditions.

  • Establish strong working partnerships and routines with key internal partners includingother Underwriters,Debt Capital Markets,andCredit Risk,

  • Manage multiple transactions/projects

  • Communicate effectivelywith dealteam members on status and prioritizationunderthe directionof senior underwriters.

  • Demonstrate knowledge of relevant credit policies and procedures and accurately identify policy exceptions.

  • Excel in both team and self-directed settings.

  • Train and develop Credit Analysts,includingreviewing theirworkproductandofferingfeedbackand coachingon credit memos and financialmodeling.

  • Maintain thorough knowledge of credit policies, procedures, and terminology.

SUPERVISORY RESPONSIBILITY:

None

MINIMUM KNOWLEDGE,SKILLSAND ABILITIES REQUIRED:

  • Bachelor27s degree in Finance, Business Administration ora relatedfield.

  • Minimumof3yearsof experience in underwriting renewable energy project finance (debt and/or tax equity).

  • Demonstrate solid creditagreementand underwriting skills.

  • Attention to detail and excellent verbal and written communication skills.

  • Analytical capability, critical thinking, and problem-solving skills.

  • Strong work ethic; comfortable working in a fast-paced environment.

  • Proficiencyin Microsoft Excel; strong working knowledge of Word, Outlook, and related applications.

Underwriting Associate - Renewable Energy Finance

Total Base Pay Range 82,100.00 - 172,500.00 USD Annual

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: 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 6 no matter how they are submitted 6 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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