Underwriting Principal

• Location: New York, NY
• 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

Work closely and effectively with Relationship Managers and Credit partners throughout the underwriting, credit approval, documentationandclosing and fundingprocesses. Responsible foridentifying,assessingand communicating credit risks; performing detailed due diligence and financial analysis; andsupportingsound underwriting decisions within established policies and risk appetite,with escalation of complex, sensitive or policy-exception transactions as required. Establishes strong collaborative routines with key internal partners and contributes to underwriting consistency, risk discipline, and talent development across the organization.

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

• Partner with Relationship Managers oninitialtransaction assessment, financial analysis, and structuring, including preparation ofopportunitymemos.
• Perform detailed due diligence on companies, industries, managementteams,and other relevant internal and external information.
• Act as an expert in financial projection modeling, including development, review, and assessment of base case and downside case projections and underlying assumptions.
• Manage the underwriting,approval,and documentation process for new money transactions.
• Providea balanced credit view on borrower, industry, structural and execution risks within established credit policy and risk appetite.
• Demonstrate strong clientselection, credit agreement, and underwriting skills, including identification, evaluation and articulation of key risks and mitigants.
• Engage and coordinate with external legal counsel and internal partners to support documentation preparation,negotiationand execution.
• Coordinate closing, funding, and booking activities with the Funding Desk and Credit Collateral Operations.
• Ensuretimelyandaccuratecompletion of all internal and externalpost closingrequirements.
• Identify, assess, manage, and escalate credit risksin accordance withBank policy,proceduresand regulatory expectations.
• Establish strong working partnerships and effective routines with internal stakeholders to support efficient execution and consistent credit outcomes.
• Provide ongoing feedback, technical guidance, and coaching to junior team members.
• May berequiredto develop industryexpertisein one or more sectors and understand, monitor, and articulate key industrytrends,risksand themes.
• Support underwriting consistency, knowledge sharing, and best practice development within the underwriting function.
• Perform special projects and other assignments as requested.

SUPERVISORY RESPONSIBILITY

May include the direct or indirect supervision and direction of the day-to-day activities of Credit Solutions professionals. Responsible for providing employees withtimely, candid, and constructive performance feedback. Develop employees to their fullest potential andprovidechallenging opportunities that enhance employee career growth. Develop theappropriate talentpool to ensure adequate bench strength and succession planning. Recognize and reward employees for accomplishments.

MINIMUM KNOWLEDGE,SKILLSAND ABILITIES REQUIRED

• Bachelor’s degree in Finance,Business Administration, or a related fieldrequired; CFA orMBAa plus.
• 7+ years ofexperience in commercial underwriting.
• Deepexpertisein financial analysis, projection modeling, credit structuring, documentation, and due diligence execution.
• Advancedproficiencyin Microsoft Excel; strong working knowledge of Word, Outlook, and related applications.
• Excellent written and verbal communication skills with the ability to clearly articulate a credit view, key assumptions, and risk considerations.
• Highly organized,detail oriented, and capable of managing multiple transactions and timelines concurrently.

Underwriting Principal

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 -- New York, New York 10169

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.

Additional Locations: Boston, MA, San Francisco, CA, San Jose, CA