Senior Underwriter - CRE Tax Credit

Senior Underwriter – CRE Tax Credit

General Function:

Collaborate effectively with Line of Business and Credit Risk partners throughout the underwriting, credit approval, documentation, closing, funding, and post‑closing procedures for credits. Manage risk by openly exchanging ideas, elevating concerns, and adhering to policies and procedures. Ensure a positive customer experience while operating within the bank’s risk appetite. Identify, assess, manage, monitor, and report risks of all types.

• Focus on new money deals for new and existing borrowers.
• Collaborate with Relationship Managers and Investment Directors on initial deal review, modeling, and structuring, including creating the Opportunity Memo.
• Assist RM/IDs with deal pre‑clearance within the Community Development Lending and Investment Group.
• Work with RM/IDs, customers/prospects, and third‑party providers to obtain due diligence information.
• Utilize and analyze resources to prepare the credit approval document.
• Coordinate with RM/ Credit Risk to obtain proper credit approval.
• Engage and manage legal counsel and negotiate legal documentation with RM/.
• Manage the closing, funding, and booking process in cooperation with Loan Closing Specialists and Credit Collateral Operations.
• Complete internal and external post‑closing items.
• Underwrite deal amendments and restructurings.
• Handle special projects and assignments as requested.
• Aid in the development of junior team members.

• College degree in accounting, finance, business administration, or economics.
• 7+ years of total work experience, including 4+ years in CRE and CDFI underwriting.
• Experience in LIHTC, NMTC, HTC a plus.
• Proficiency in Microsoft Word, Excel, Outlook, and Internet Explorer; advanced Excel skills a plus.
• Attention to detail and excellent verbal and written communication skills.
• Highly organized and able to manage multiple detailed tasks and processes concurrently.

• Normal office environment with minimal exposure to dust, noise, temperature, etc.
• Some travel required.

Total Base Pay Range: $96,500.00 – $ 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 United States. Individual salaries within this range will vary based on factors such as role, relevant skill set, 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 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 Careers page at

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.