Industry Credit Lead - Asset Backed Finance

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The role is 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:

• Work with Corporate Banking Group Head to understand the business strategy and pipeline for the industry.
• Maintain a view of the full industry portfolio.
• Define the Coverage Team by identifying the appropriate credit partner.
• Meet with prospective clients as needed.
• Assess viability of the client and/or transaction prior to term sheet.
• Review deal structures and approve term sheets.
• Facilitate discussions with Credit Officers and support Portfolio Managers/Underwriters in discussions with RMs as needed.
• Handle escalations and provide support for all Portfolio Manager/Underwriter and Portfolio Manager/Underwriter Team Lead responsibilities.
• Advise credit team of Fifth Third Bank's overall lending policy.
• Establish workflow priorities within the industry portfolio.
• Provide ongoing management, coaching, training, and education for assigned staff of Credit professionals, to include Portfolio Managers, Underwriters, Team Leads and Credit Analysts.
• Provide performance reviews for Portfolio Managers and Portfolio Manager Team Leads as assigned.

SUPERVISORY RESPONSIBILITIES:

The Industry Credit Lead supervises Portfolio Managers/Underwriters and Portfolio Manager/Underwriter Team Leads (as needed) within Industry team. Responsible for providing employees 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.

MINIMUM

KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Bachelor's degree in Business required, Advanced degree preferred (e.g. Business Administration, Finance, or Accounting).
• Minimum of 8 years of experience in Commercial Banking that includes Asset Backed Finance
• Advanced knowledge of commercial lending credit policies and guidelines.
• Advanced knowledge of banking products and services.
• Expertise in financial and risk analysis.
• Advanced knowledge of corporate business structure and legal documents.
• General knowledge of U.S. government and regulation.
• Knowledge of the requisite industry preferred, but not required.
• Proficiency in internal banking applications.
• Strong verbal and written communication skills.
• Proficient in all Microsoft Office software.

All the above duties and responsibilities are essential job functions for which reasonable accommodation will be made. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. This position description is not to be construed as an exhaustive statement of duties, responsibilities or requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor, subject to reasonable accommodation.

Industry Credit Lead - Asset Backed Finance

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,…