Internship
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.
What You’ll Do
Performs a wide range of complex analytical support functions. Apply analytical skills to provide high quality work products to support calling efforts of Asset Backed Finance deal team members in the originations process.
The ABL intern works with the originations, underwriting and portfolio teams to support the overall execution process for asset-based lending transactions at Fifth Third Bank. The ABL team is responsible for pitching, structuring, and executing ABL and managing solutions across the entire Fifth Third Commercial Bank platform.
Focused on supporting all aspects of originations, underwriting and portfolio management execution including originations support, deal screening, credit review/monitoring, loan approval preparation and presentation to credit teams, funding and operations and loan system setup and administration
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Ability to find, research and assess financial information
Develop understanding of pitching, structuring, monitoring and executing ABL transactions to targeted Fifth Third clients
Support day-to-day coverage, origination, and transaction management responsibilities for existing and prospective clients including covered Sponsors
Develop familiarity with broad economic and market trends
Support underwriting approval and loan closing processes including loan systems setup and administration and preparation of presentation materials for credit approval
Preparation of pitch materials and market updates for client meetings
Work with ABL group, in addition to other corporate banking groups on deal team presentations
Apply knowledge of credit analysis, asset-based lending and capital markets activity
Required Knowledge and Skills
Pursuing Bachelor’s degree with strong financial or business background
Graduation date between December 2027 - May 2028 ONLY
Minimum 3.3 GPA required
Excellent presentation skills, both oral and written
Strong analytical skills and an interest in financial analysis, corporate finance and financial markets
Good working knowledge of financial modeling and valuation
Exceptional verbal and written communication skills.
Ability to draw conclusions based on financial data
Process orientation and attention to detail
Candidates must be authorized to work in the U.S. without the need for employment-based immigration sponsorship now or in the future
Job Location:
Compensation: We offer a competitive base salary that is reflective of the range of salary levels for all roles within this pay grade across the US. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.
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.
#earlycareers #onebanksummerexperience
Total Base Pay Range 43,680.00 - 67,700.00 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.
LOCATION -- Chicago, Illinois 60606
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.
Sign up to apply and find out right away if you're a fit.
Your agent will tell you — in seconds.
Sign up and I'll tell you right away how well Fifth Third Bank matches you — what you already have, and what's missing. Then I stay on it: I search for you and only write when I find something worth your time.