Underwriting Associate
Confirmed on the employer's own hiring board on Oct 8, 2026. First seen by Alion on Oct 1, 2026. Fifth Third Bank scores B on the Alion truth index.
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GENERAL FUNCTION:
The ideal candidate will havea solidcredit agreement and underwriting skills, and the ability toidentifykey credit risks.This position is client-facing, requiring the individual toassistin diligence callsin support of deal teamsand support the negotiation of credit agreements.Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies andprocedures as defined. Accountable for always doing the right thing for customers andcolleagues andensures that actions and behaviorsdrive a positive customer experience. Whileoperatingwithin the Bank’s risk appetite,achievesresults by consistentlyidentifying, assessing,managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Perform detailed due diligence on companies, industries, management teams, and other relevant information.
Build detailed financial projection models to analyze capital structures, performancetrends,and credit metrics.
Prepare succinct underwriting memorandums, including company and industry descriptions, key credit risks, historicalanalysis, base and downside case projection assumptions/rationale and terms and conditions.
Establish strong working partnerships and routines with key internal partners includingother Underwriters,Debt Capital Markets,andCredit Risk,
Manage multiple transactions/projects
Communicate effectivelywith dealteam members on status and prioritizationunderthe directionof senior underwriters.
Demonstrate knowledge of relevant credit policies and procedures and accurately identify policy exceptions.
Excel in both team and self-directed settings.
Train and develop Credit Analysts,includingreviewing theirworkproductandoffering feedbackand coachingon credit memos and financialmodeling.
Maintain thorough knowledge of credit policies, procedures, and terminology.
SUPERVISORY RESPONSIBILITY:
None
MINIMUM KNOWLEDGE,SKILLSAND ABILITIES REQUIRED:
Bachelor’s degree in Finance, Business Administration ora relatedfield.
Minimumof3yearsof experience in underwriting, credit, or originations, preferably in the banking or investment bankingindustry.
Demonstrate solid creditagreementand underwriting skills.
Attention to detail and excellent verbal and written communication skills.
Analytical capability, critical thinking, and problem-solving skills.
Strong work ethic; comfortable working in a fast-paced environment.
Proficiencyin Microsoft Excel; strong working knowledge of Word, Outlook, and related applications.
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 -- Boston, Massachusetts 02110Attention 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.