Associate, ABL Underwriting

Make banking a Fifth Third better

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GENERAL FUNCTION :

The Associate, ABL Underwriting works with primary responsibility for supporting teams through the underwriting and overall execution process for asset-based transactions at Fifth Third Bank. The team will be primarily comprised of existing ABL professionals within Fifth Third. The ABL team will be responsible for pitching, structuring, and executing ABL solutions across the entire Fifth Third Commercial Bank platform.

Focused on supporting all aspects of underwriting and deal execution including deal screening, credit review, loan approval preparation and presentation to credit teams, funding and operations and loan system setup and administration.

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 :

• The team will be responsible for pitching, structuring, and executing ABL transactions to targeted Fifth Third clients.
• Support day-to-day coverage, origination, and transaction management responsibilities for existing and prospective clients including covered Sponsors.
• Prioritize and support a pipeline of ABL financing opportunities.
• Supports underwriting approval and loan closing processes including loan systems setup and administration and preparation of presentation materials for credit approval.
• Ability to support multiple opportunities, partnerships and routines with key internal deal team members.
• Apply knowledge of credit analysis, asset-based lending and capital markets activity.
• Required to successfully complete all required compliance training.

SUPERVISORY RESPONIBILITIES :

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED :

WORKING CONDITIONS :

Associate, ABL Underwriting Total Base Pay Range 80,500.00 - 169,100.00 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

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.