Fifth Third Bancorp

Institutional Middle Office Team Supervisor

Fifth Third Bancorp$75K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, finance, accounting or related field preferred.
  • 3-5 years of experience in Global Custody Services or Financial Services industry.
  • Exceptional customer service skills with a focus on enhancing the customer experience.
  • Strong written and verbal communication skills for effective client interactions.
  • Proficiency in securities systems and industry technologies.
  • Leadership skills with the ability to train and manage staff.
  • Ability to assess and solve issues independently while maintaining confidentiality.

Responsibilities

  • Provide first-level supervision and problem resolution for a team servicing custody accounts.
  • Coordinate daily workflow and ensure timely execution of team duties.
  • Prioritize team tasks and delegate responsibilities effectively.
  • Monitor and report on customer service metrics and trends.
  • Initiate process improvements to enhance operational efficiency.
  • Cross-train team members for comprehensive coverage.
  • Assist management in evaluating team performance and conducting evaluations.

Benefits

  • Comprehensive benefits covering physical, financial, emotional, and social well-being.
  • Incentive compensation plan based on performance.
  • Opportunities for personal and professional development through programs like the Team Lead Program.
  • A supportive work environment focused on employee recognition and community involvement.
Full Job Description
GENERAL FUNCTION: In an area of high dollar volume, client sophistication and trust, and high client expectations, provide first level of supervision, escalation and problem resolution for assigned team servicing custody accounts and their business partners (including , but not limited to, Institutional, Mutual Fund, CMS, Conversions, and Retirement Plan Support). Provide training, facilitate workflow, monitor productivity and ensure staff compliance with departmental and Bancorp policies and procedures. 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 DUTIESAND RESPONSIBILITIES: Customer Service/Processing of client activity. Maintain an in-depth knowledge of positions within the Global Custody Services Department. Coordinate and manage day-to-day workflow for assigned team, which includes Global Custody Processors I and II and Global Custody Administrators I and II, ensuring accurate and timely execution of duties. Responsible for prioritizing teams work and delegating tasks to ensure proper coverage of functions. Apprise management of key issues and needed support. Seek out solutions to improve and automate processes within assigned area. Assist manager in monitoring reporting from the Client Services on-line tracking system, identify trends and take the necessary steps to resolve issues. Assist manager in monitoring reporting, identify trends and take the necessary corrective actions for Service Level Agreement/Client Report Cards. Cross train on assigned teams accounts to provide coverage and backup. Make decisions to resolve the more complex issues presented by assigned team under supervision. May assist Global Custody Services Manager in managing time-away. Monitor teams account assignments, as needed, and determine re-alignment of accounts within the team. In conjunction with manager, make decisions with respect to day-to-day operation of the unit. SUPERVISORY RESPONSIBILITIES: Supporting/Training of area staff. Indirect or Direct supervision of exempt and non-exempt personnel Serve as backup to Global Custody Services Manager as needed. Participate in the interviewing process of prospective employees and provide feedback to HR. Assist Global Custody Services Manager with completing and submitting timesheets, overdraft inquiries, etc. Provide training, guidance and leadership to assigned personnel. Evaluate and provide feedback to subordinates regarding ongoing performance. Initiate and participate in corrective counseling as warranted. Take an active role, in conjunction with the Global Custody Services Manager, to complete written and verbal annual performance evaluations. MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED: Bachelor's degree in business, finance, accounting or related field preferred. Minimum 3 years experience as a Global Custody Services Administrator and Senior Global Custody Services Administrator or 5 years of experience working in the Financial Services industry, preferably in securities processing, mutual fund operations or brokerage operations environment. Excellent customer service skills, minimum 3 years experience required. Must be service focused and oriented toward exceptional customer experience. Excellent written and verbal communication skills including the ability to effectively communicate on behalf of the Bank to both internal and external clients. Excellent interpersonal/relationship skills. Ability to interface with all levels of management and clients, both internal and external. Leadership skills. Ability to work independently, as well as, part of a team, within both direct and cross-matrix management reporting structures. Ability to exercise a high degree of independent judgment and handle confidential information. Ability to recognize potential problems and formulate solutions in a timely manner. Proficient with securities systems and technology, securities products, and industry trends including: Internet Securities Workstation, Bank of New York Mellons Inform and Mainframe, Mobius, Vector IV and V, Bloomberg, Depository Trust Company, Raft, Xcitek Solutions Plus, Fee Advantage, Roscoe, ACE, AM Trust and AM Administrator. Proficient in corporate select software applications (i.e., Windows, Excel, Word and Outlook). Resourceful and results oriented. Complete Fifth Thirds two-day Team Lead Program. #LI-GM2 Institutional Middle Office Team Supervisor 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: or by consulting with your talent acquisition partner. 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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