Fifth Third Bancorp

Business Strategy Optimization Analyst

Fifth Third Bancorp$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a quantitative discipline (e.g. science, technology, engineering, math, or economics) required.
  • Master’s degree in a quantitative discipline preferred.
  • At least 3 years of analytical experience or equivalent education.
  • Proficient in data mining and analysis using SAS or SQL, Python, R or similar programming languages.
  • Ability to design tests based on statistical principles.
  • Demonstrated leadership and interpersonal skills.
  • Excellent verbal and written communication capabilities.

Responsibilities

  • Generate and develop regular reporting (monthly, quarterly, and ad-hoc).
  • Gather and prepare complex data for various analyses.
  • Develop and execute analytical models and market policies.
  • Project business impacts and track commitments effectively.
  • Create and present business cases that influence decisions.
  • Design tests to enhance customer insights and understanding.
  • Lead project teams within a matrixed organizational structure.
  • Communicate effectively with senior leadership on findings and recommendations.

Benefits

  • Comprehensive employee recognition and rewards programs.
  • Extensive health and wellness benefits for employees and families.
  • Support for physical, financial, emotional, and social well-being.
  • Access to incentive compensation plans based on performance.
  • Opportunities for professional development and continuous learning.
Full Job Description

Please note: **This position not available for immigration sponsorship”

GENERAL FUNCTION:

Responsible for developing analytics and reporting to assist in the identification and evaluation of all risks related to Consumer Credit (i.e. Direct, Indirect, Credit Card, and Mortgage).

The Business Strategy Optimization Analyst uses various analytical frameworks and modeling techniques (including decisions trees, logistic and linear regression, machine learning) to generate insights and strategies that drive the bottom-line profitability of various banking products and customers. The role requires an understanding of the intersection of consumer behavior, business drivers and data-driven decision-making to solve problems and influence business strategy.

The Business Strategy & Optimization Analyst will provide recommendations that could impact product design, pricing, segmentation and marketing, credit, fulfillment, and customer experience.

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 Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Generate and develop monthly, quarterly and ad-hoc reporting
  • Gather and prepare complex data for modeling and analysis
  • Develop and execute models, segmentation, and policy in market
  • Project business impacts and monitor and track against the commitments
  • Create and present convincing business cases to support recommendations
  • Design tests to generate insights and improve understanding of our customers
  • Effectively lead project teams in a highly matrixed environment
  • Communicate effectively with senior leadership
  • Perform adhoc portfolio analysis in a fast paced and dynamic business environment

MINIMUM KNOWLEDGE, SKILLS & ABILTIES

  • Bachelor's degree in quantitative discipline (e.g. science, technology, engineering, math, or economics).
  • Master’s degree in quantitative discipline (e.g. statistics, data sciences, business analysis, finance, mathematics, or economics) preferred.
  • Minimum 3 years of demonstrated analytical experience or formal education
  • Experienced in data mining and analysis using SAS or SQL, Python, R or other relevant programming languages
  • Ability to develop and design tests that are statistically grounded
  • Demonstrated leadership and interpersonal skills
  • Excellent verbal and written communication skills
Business Strategy Optimization Analyst

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: or by consulting with your talent acquisition partner. 

LOCATION -- Cincinnati, Ohio 45227

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.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company, that specializes in small business, retail banking, investments, and mortgage.

Fifth Third Bancorp Careers

Join the vibrant team at Fifth Third Bancorp, a leading financial services company that values innovation, leadership, and diversity. As part of our commitment to professional growth and excellence, we offer a range of job opportunities that empower you to advance your career while contributing to the financial success of our clients. Work You’ll Do At Fifth Third Bancorp, you’ll be part of a culture that cherishes innovation and strategic thinking. Our team is dedicated to providing outstanding financial solutions to individuals and businesses alike. By joining us, you will collaborate with some of the industry’s most talented professionals, using your skills to influence positive change and drive efficiency. Explore a variety of career paths in areas such as finance, technology, customer service, and risk management. Whether you are looking for a full-time position, an internship, or leadership roles, Fifth Third Bancorp offers a dynamic environment where your career can flourish. Innovative Work Engage in projects that harness cutting-edge technology and innovative financial practices. At Fifth Third Bancorp, your work will directly impact our mission to improve lives and contribute to the economic stability of the communities we serve. Our team’s collaborative efforts lead to groundbreaking solutions, setting new standards in the financial industry. Be Part of a Great Team Fifth Third Bancorp is not just a company; it’s a community. Here, diversity and inclusion are at the core of our employment philosophy, ensuring every team member’s voice is heard and valued. We offer diversity training programs that enhance our understanding and appreciation of various perspectives, fostering an inclusive workplace. Future-Proof Your Career With Fifth Third Bancorp, you are set on a path of continuous professional development. Benefit from comprehensive benefits, mentorship, and networking opportunities that propel your career forward. Our leadership is committed to your success, providing support and guidance as you navigate through your career milestones. Stay Connected Join Our Team Discover the array of job opportunities at Fifth Third Bancorp by exploring positions that match your skills and interests. We are constantly hiring creative, curious, and motivated individuals who are ready to make a significant impact. Check out our current openings and find where you fit into our exceptional team. Keep Up to Date Stay informed with the latest career tips, industry insights, and professional growth opportunities available at Fifth Third Bancorp. Our careers blog is a resource for potential and current employees, offering valuable information to enhance your work experience and expand your knowledge base. Job Alert Emails Customize your experience by subscribing to receive job alerts, news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Fifth Third Bancorp. At Fifth Third Bancorp, we are more than just a bank. We are a place where careers are nurtured, achievements are celebrated, and diversity is embraced. Are you ready to take the next step in your professional journey? Join us and be part of something great.
Learn more about Fifth Third Bancorp
Size
19,247 employees
Market Cap
$22.3 billion
Industry
Net Income
$1.4 billion
Founded
1858
5 Year Trend
+4.4%
NASDAQ

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