Fifth Third Bancorp

FTIS Senior Relationship Manager - Escrow

Fifth Third Bancorp$100K — $120K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, or Business Administration preferred.
  • Eight years of experience in Institutional Services or related Financial Services areas.
  • Strong interpersonal, written, and verbal communication skills.
  • Effective problem-solving and analytical skills.
  • Proficient in Microsoft Office software.

Responsibilities

  • Cultivate consultative relationships with C-suite decision-makers.
  • Document client interactions timely within the CRM system.
  • Drive client engagement via feedback to achieve goals.
  • Leverage knowledge of FTIS products to facilitate relationship expansion.
  • Develop and close cross-sell opportunities using the Consultative Selling Process.
  • Manage client documentation, pricing, and fee structures.
  • Partner with internal teams to enhance client satisfaction and operational efficiencies.

Benefits

  • Comprehensive physical, financial, emotional, and social well-being benefits.
  • Opportunity to participate in an incentive compensation plan.
Full Job Description

GENERAL FUNCTION: The Fifth Third Institutional Services (FTIS) Senior Relationship Manager serves as the primary contact for a moderate volume of assigned National and Regional institutional clients of varying complexity. The FTIS Senior Relationship Manager is accountable for overall client satisfaction, client retention and revenue growth though cross-sales and product upgrades with a focus on new business and deepening current client relationships. Extensive knowledge across the breadth of Fifth Third Institutional products and services including retirement plan services, investment management solutions, and trust and custody solutions.

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:

  • Cultivate close consultative relationships with C-suite and senior management decision-makers with assigned Institutional clients.
  • Adherence to and measured against defined service and engagement model. Document interactions on a timely basis within the CRM system.
  • Drive and maintain client engagement via customer feedback to achieve desired goals.
  • Leverage in-depth knowledge of all FTIS products and services and their benefits to our clients to facilitate the expansion of existing relationships through cross-sales.
  • Embrace and advocate Fifth Third Institutional Services mission, value propositions and points of differentiation.
  • Fluently Analyze the financial services industry and/or client specific trends to consult with clients.
  • Develop and close cross-sell opportunities utilizing the Consultative Selling Process, achieving annual sales goals assigned. Document the progress in CRM utilizing the corresponding FTIS Pipeline definitions.
  • Work with Institutional Sales Officers on new business development by participating in prospect meetings and sales presentations.
  • Develop strong internal relationships with Fifth Third senior leadership, Institutional Sales Officers, Commercial Relationship Managers, Corporate Banker, Business Banking Relationship Managers, Private Bankers, Wealth Management Advisors, and Institutional Portfolio Managers in order to facilitate our One Bank strategy of consultatively selling Fifth Third's full suite of financial products and services.
  • Proactively manage client documentation, pricing, profitability and fee structures in accordance with approved pricing schedules and guidelines.
  • Facilitate the implementation of new products and services and new client relationships, including any necessary coordination with internal and external parties.  Must be able to address issues independently and quickly, meeting deadlines and project plans.
  • Partner with client service team to ensure all internal compliance and proper documentation requirements are met, consistent with internal fiduciary policies and procedures regarding new business and asset acceptances, discretionary actions, and all other bank policies, procedures and guidelines.
  • Accountable for timeliness and accuracy of annual administrative file reviews in collaboration with client service team.
  • Retain the client base by working with the client service team to deliver the highest service and client standards.
  • Schedule, prepare and facilitate client service and investment reviews with clients in accordance with the Client Engagement Model Guidelines. Document interactions on a timely basis within the CRM System.
  • Review, approve and monitor fee invoices to ensure accurate billing and timely payment by clients.
  • Partner with Middle Office Representatives and Client Service Managers to enhance client satisfaction, profitability and improve operational efficiencies for existing clients.
  • Partner with Client Service Managers and other FTIS personnel to holistically support clients.
  • Represent the Fifth Third Bank in civic, government, community, charitable, banking, and professional groups and associations to develop contacts and new business opportunities, and to promote the Bank's positive image.
  • Mentors Client Service Managers, less tenured Relationship Managers and other FTIS personnel.
  • Other duties as assigned including participating in special projects to enhance the products and services within FTIS.

    SUPERVISORY RESPONSIBILITIES: None.

    MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Bachelor's degree.  A major in Finance, Accounting, Economics, or Business Administration preferred.
  • Eight years’ work experience in Institutional Services or related Financial Services areas.
  • Demonstrated strong interpersonal, written and verbal communication skills.
  • Strong presentation skills, in both client and sales situations.
  • Effective problem solving and analytical skills.
  • Strong relationship management and collaboration skills.
  • Proficient in the use of Microsoft Office software, including Word, Excel, and PowerPoint.

    WORKING CONDITIONS:

  • Normal office environment with little exposure to dust, noise, temperature and the like.
  • Extended viewing of LCD screen.
  • Periodic travel may be required to client meetings, which may include some overnight and/or long-distance travel.
FTIS Senior Relationship Manager - Escrow

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 -- Farmington Hills, Michigan 48334

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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