What are the responsibilities and job description for the Commercial Mortgage Warehouse Senior Credit Underwriter/Portfolio Manager position at fifththird?
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. Location can be flexible/open to discussion. The CRE National Commercial Mortgage Warehouse Team provides non-project lending to Agency Finance and Debt Fund clients to drive strong risk-adjusted returns through low-risk Agency Warehouse lines of credit, Bridge Warehouse lines of credit, Portfolio Servicing (MSR backed) facilities and complementary credit and treasury products. 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 banks risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. ESSENTIAL DUTIES AND RESPONSIBILITIES: Deal team lead focus on new money. Accountable for managing a portfolio of accounts. Work in cooperation with relationship Managers with initial deal review, modeling, and structuring. This will include the creation of the Opportunity Memo. Work in cooperation with RM's with deal pre-clearance within the Commercial Mortgage Warehouse team. Work in cooperation with RM's, customers/prospects, and third-party providers to order, obtain and ascertain due diligence information as required. Utilize and analyze all available resources to prepare the credit approval document, Change in terms. Coordinate with the RM and Credit to obtain the proper credit approval. Engage and manage legal counsel and negotiate legal documentation in conjunction with RM. Complete and manage the closing, funding, and booking process in cooperation with the Funding Desk and Credit Collateral Operations. Complete internal and external post-closing items. Complete the underwriting process for deal amendments and restructurings. Complete special projects and assignments as requested. MINIMUM KNOWLEDGE, SKILLS AND ABILITES REQUIRED: College degree in accounting, finance, or economics required, CFA designation a plus. Total work experience of 7 years including 4 years of underwriting, credit, or originations experience at a banking institution that includes one of the following areas of expertise: commercial mortgage warehouse, bridge warehouse, or multifamily/FNMA commercial real estate financing. Must be proficient in basic software applications such as Microsoft Word, Excel, Outlook, and Internet Explorer. Advanced skills in Microsoft Excel a plus. Must be attentive to detail and possess excellent verbal and written communication skills. Must be highly organized and able to manage several detailed tasks and processes concurrently. WORKING CONDITIONS: Normal office environment with little exposure to dust, noise, temperature and the like. Extended viewing of CRT screen. Some travel required. Commercial Mortgage Warehouse Senior Credit Underwriter/Portfolio Manager Total Base Pay Range 96,500.00 - 207,500.00 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 -- Cincinnati, Ohio 45202 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 – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee. 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. Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step? Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.