Fifth Third Bancorp

Capital Planning Senior Analyst

Fifth Third Bancorp • $90K — $120K *
Cincinnati, OH 45238In-Person
Finance & Insurance
5 - 7 years of experience
Reposted Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree required; MBA or CPA preferred.
  • Minimum of seven years in accounting or finance-related roles.
  • Thorough knowledge of GAAP strongly desired.
  • Experience across all lines of business within Bancorp.
  • Excellent analytical, verbal, and written communication skills.

Responsibilities

  • Lead financial analysis for capital adequacy processes, including CCAR.
  • Collect and analyze financial forecasts from various Bancorp units.
  • Document and prepare financial plans for senior management meetings.
  • Analyze reports from all lines of business; investigate unusual items.
  • Design and implement process improvements to enhance capital planning efficiency.

Benefits

  • Comprehensive benefits programs supporting physical, financial, emotional, and social well-being.
  • Opportunity for incentive compensation based on performance.
  • Recognition programs for employee contributions to customer and community improvement.
Full Job Description
GENERAL FUNCTION: Responsible for the execution of highly complex financial analysis and business improvement in support of all capital adequacy processes, including Comprehensive Capital Analysis & Review (CCAR), and enterprise-wide stress testing. Serving as a financial leader to all Fifth Third Bancorp lines of business, this position will play a key role in Fifth Third's capital planning processes. Focus on providing value-added analysis and process improvement recommendations to support Capital Planning, as well as quality assurance and business controls support. Leads the education and development of less experienced staff. 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:
  • Leads peers in the identification of key business factors (both internal and external) that impact capital planning processes. Maintains an up-to-date knowledge base to keep current on existing and emerging industry issues.
  • Collection, aggregation, and analysis of forecasted financials and supporting documentation from the across the Bancorp.
  • Plays a lead role in documentation of financial plans and analysis in a format appropriate for meetings with senior management. Evaluates and improves design of reports and processes to ensure that analytical tools evolve as business changes.
  • Prepares and analyzes reports for all lines of business and affiliates. Investigates and documents unusual items.
  • Plays a lead role in the execution of financial analysis and in driving business results. Develops trend analyses and other quantitative reports to determine business trends.
  • Establishes, fosters and maintains working relationships with Finance, Risk and LOB personnel contributing to execution of enterprise-wide capital planning activities.
  • Maintains an up-to-date knowledge base to keep current on existing and emerging industry issues.
  • Design solutions aimed at optimizing effectiveness/efficiency of enterprise policies/procedures. Is an active participant in process improvement and problem resolution issues.
  • Participates in complex process improvement initiatives to drive consistency & sustainability within capital planning.
  • Support compliance w/regulatory guidance on internal control environments for CCAR, CAP, & Dodd-Frank Act Stress Testing (DFAST).
  • Manages the documentation of financial plans and analysis in a format appropriate for meetings with senior management. Performs maintenance on existing schedules and reports for changes to information.
  • Attends meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas.
  • Provides training and guidance to less experienced analysts.
  • Allocates work and reviews work of less experienced staff.
SUPERVISORY RESPONSIBILITIES: Provides guidance to less experienced staff, but no direct supervisory responsibilities. MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
  • Bachelor's degree required. MBA or CPA preferred. Thorough knowledge of GAAP strongly desired.
  • Typically requires minimum of seven years of accounting or finance related experience in industry or public accounting.
  • Must have breadth of knowledge and experience in all lines of business within Bancorp.
  • Proficient with MS-Windows and other related PC applications.
  • Possess the desire and ability to learn mainframe applications, and automated data analysis tools and techniques.
  • This position requires excellent analytical, verbal and written communication skills necessary to interact with personnel ranging from clerical staff to more senior management.
  • Demonstrated proficiency in performance measurement tools and technology.
  • Ability to work both individually and as a member of a team.
  • Ability to maintain professional composure in a dynamic work environment that often requires management/completion of multiple tasks.
  • Demonstrate sound judgment as well as apply logical/critical thought processes.
WORKING CONDITIONS:
  • Normal office environment.
  • Extended viewing of a computer screen. #LI-CT1
Capital Planning Senior Analyst 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.

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
Finance & Insurance
Net Income
$1.4 billion
Founded
1858
5 Year Trend
+4.4%
NASDAQ
FITB
* Ladders Estimates

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