Talent.com
Associate, ABL Underwriting

Associate, ABL Underwriting

Fifth Third BankChicago, IL, United States
30+ days ago
Job type
  • Full-time
Job description

Make 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.

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 :

  • May include direct or indirect supervision and direction of the day-to-day activities of junior ABL professionals
  • May provide employee performance feedback.
  • MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED :

  • Bachelor's degree required, ideally with concentration in Business, Finance or Accounting.
  • 3+ years credit analysis and / or loan review or underwriting experience in Commercial Banking.
  • 1+ years of experience in an Asset Based Lending environment, in underwriting or field examination, or as a loan officer; or equivalent combination of education and experience is preferred.
  • Knowledge of asset-based lending, private equity, capital markets, merger and acquisition structures, and experience with credit analysis is a plus.
  • Familiarity with credit policies, procedures, and terminology.
  • Strong interpersonal and relationship building skills.
  • Experience in originating and executing complex financial transactions is a plus.
  • Analytical skills, critical thinking and verbal and written communication skills.
  • To perform this job successfully, an individual should have intermediate knowledge of Word and Excel spreadsheet software. Proficient with technology and ability to learn new applications including commercial loan administration systems.
  • WORKING CONDITIONS :

  • Normal office environment with little exposure to dust, noise, temperature and the like.
  • Extended viewing of a CRT screen.
  • Some travel required.
  • 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.

    Create a job alert for this search

    Underwriting Associate • Chicago, IL, United States

    Related jobs
    • Promoted
    Provider Onboarding Associate

    Provider Onboarding Associate

    VirtualVocationsChicago, Illinois, United States
    Full-time
    A company is looking for a Provider Onboarding Associate to support new Registered Dietitians during their onboarding journey. Key Responsibilities : Serve as the point of contact for new providers...Show moreLast updated: 30+ days ago
    • Promoted
    RT Connector Binding Authority Underwriting Associate

    RT Connector Binding Authority Underwriting Associate

    Ryan Specialty, LLCChicago, IL, United States
    Full-time
    RT Connector Binding Authority Underwriting Associate page is loaded.RT Connector Binding Authority Underwriting Associate. Apply locations Remote - United States time type Full time posted on Poste...Show moreLast updated: 6 days ago
    • Promoted
    Associate Underwriter, Programs

    Associate Underwriter, Programs

    HDI Global SEChicago, IL, United States
    Full-time
    About HDI Global Insurance Company.HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage t...Show moreLast updated: 18 days ago
    • Promoted
    AVP, Underwriting (Technology Industry Segment P&C)

    AVP, Underwriting (Technology Industry Segment P&C)

    01460 Continental Casualty CompanyChicago, IL, United States
    Full-time
    AVP, Underwriting Technology P&C.Chicago, IL, USA; Louisville, KY, USA; Bloomington, MN, USA; Pittsburgh, PA, USA; Westerville, OH, USA. You have a clear vision of where your career can go.And we ha...Show moreLast updated: 3 days ago
    • Promoted
    Associate Director Contracting

    Associate Director Contracting

    VirtualVocationsNaperville, Illinois, United States
    Part-time
    A company is looking for a Part Time / Associate Director Contracting.Key Responsibilities Lead the negotiation process for contract terms and conditions related to Medical Device products Collab...Show moreLast updated: 3 days ago
    • Promoted
    Account Associate

    Account Associate

    MS SAFETY PARTNERS LLCBensenville, IL, US
    Full-time
    Start Your Career with Safety and License Consultants Today!.Account Associate in Licensing & Permits Department.Assist carriers in opening and maintaining accounts for IRP (Registrations), IFT...Show moreLast updated: 30+ days ago
    • Promoted
    Banking & Finance Associate

    Banking & Finance Associate

    5 LegalChicago, IL, US
    Full-time
    An international law firm and one of the top 50 AmLaw firms is looking to hire associates to support the structured finance mortgage practice. Qualified candidates will have 2-5 years of experience ...Show moreLast updated: 21 days ago
    • Promoted
    Associate - Compliance (Alternative Assets)

    Associate - Compliance (Alternative Assets)

    IQ-EQChicago, IL, US
    Full-time
    We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.F; We employ ...Show moreLast updated: 21 days ago
    • Promoted
    Title and Curative Associate

    Title and Curative Associate

    VirtualVocationsNaperville, Illinois, United States
    Full-time
    A company is looking for a Title & Curative Associate.Key Responsibilities Manage title and curative processes to ensure accurate and timely closings Conduct research and resolve title issues to...Show moreLast updated: 30+ days ago
    • Promoted
    Transition Associate

    Transition Associate

    Caring TransitionsHanover Park, IL, US
    Full-time
    Caring Transitions is seeking a dedicated Transition Associate to join our compassionate team.In this role, you will execute the labor needed to pack and settle clients during significant life chan...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Content Licensing Associate

    Content Licensing Associate

    VirtualVocationsChicago, Illinois, United States
    Temporary
    A company is looking for a Content Licensing Associate to support their Content Licensing team on a temporary basis.Key Responsibilities Support relationship management with third-party content a...Show moreLast updated: 7 hours ago
    • Promoted
    Prior Authorization Associate I

    Prior Authorization Associate I

    VirtualVocationsChicago, Illinois, United States
    Full-time
    A company is looking for a Prior Authorization Associate I.Key Responsibilities Determine patient insurance eligibility and verify accounts using Epic and external portals Interact with insuranc...Show moreLast updated: 5 days ago
    • Promoted
    Fintech Associate

    Fintech Associate

    5 LegalChicago, IL, US
    Full-time
    One of Fortune’s Best Places to Work and top 50 AmLaw firm, is seeking associates to join their Technology Transactions, and Privacy practice in their New York, Chicago, Seattle, Washington D...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Florida Licensed Associate Underwriting Counsel

    Florida Licensed Associate Underwriting Counsel

    VirtualVocationsLincolnwood, Illinois, United States
    Full-time
    A company is looking for an Associate Underwriting Counsel in Florida.Key Responsibilities Attend training sessions and engage in independent study to enhance knowledge of underwriting practices ...Show moreLast updated: 5 hours ago
    • Promoted
    Compliance Operations Associate

    Compliance Operations Associate

    VirtualVocationsLincolnwood, Illinois, United States
    Full-time
    A company is looking for a Compliance Operations Associate.Key Responsibilities Coordinate and manage the company's annual compliance training program and maintain accurate training records Trac...Show moreLast updated: 24 days ago
    • Promoted
    Underwriting Services Associate (Chicago)

    Underwriting Services Associate (Chicago)

    HDI Global SEChicago, IL, US
    Part-time
    About HDI Global Insurance Company.HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage t...Show moreLast updated: 10 days ago
    • Promoted
    Accounting Associate

    Accounting Associate

    VirtualVocationsNaperville, Illinois, United States
    Full-time
    A company is looking for an Accounting Associate.Key Responsibilities Perform monthly and quarterly closing procedures, including reinsurance journal entries and account reconciliations Review t...Show moreLast updated: 30+ days ago
    • Promoted
    Underwriting Services Associate

    Underwriting Services Associate

    HDI Global SEChicago, IL, US
    Full-time
    About HDI Global Insurance Company.HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage t...Show moreLast updated: 18 days ago
    RT Connector Binding Authority Underwriting Associate

    RT Connector Binding Authority Underwriting Associate

    MediabistroChicago, IL, United States
    Full-time
    RT Connector Binding Authority Underwriting Associate page is loaded RT Connector Binding Authority Underwriting Associate Apply locations Remote - United States time type Full time posted on Poste...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Compliance Associate

    Compliance Associate

    GCM GrosvenorChicago, Illinois, United States
    Full-time
    As a member of Compliance, the individual in this position will be responsible for administering and supporting the compliance functions of GCM Grosvenor. As an onsite / hybrid employee, you are expec...Show moreLast updated: 6 hours ago