Fifth Third Bancorp

Principal AI Engineer - AI Transformation

Fifth Third Bancorp$120K — $150K *
Enterprise Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Computer Science, Statistics, Data Science, Mathematics, or related field; advanced degree preferred.
  • 6+ years of experience developing and deploying machine learning or AI solutions in production environments.
  • Strong programming skills with proficiency in Python; familiarity with JavaScript and SQL.
  • Expertise in generative AI techniques including prompt engineering and tool integration.
  • Proven experience with cloud computing platforms, specifically AWS services like Bedrock and Sagemaker.

Responsibilities

  • Design, develop, and implement AI and machine learning systems for business challenges.
  • Create and maintain model documentation for transparency in methodologies.
  • Research and test state-of-the-art generative AI models for potential use.
  • Develop agentic AI systems for autonomous reasoning and task completion.
  • Create evaluation frameworks to assess model performance and detect output quality.

Benefits

  • Comprehensive benefits programs designed for physical, financial, emotional, and social well-being.
  • Access to extensive support resources for employees and their families.
  • Participation in an incentive compensation plan based on performance.
Full Job Description
GENERAL FUNCTION: The Principal AI Engineer architects and implements artificial intelligence and machine learning systems that address diverse business challenges throughout the Bank, with a strong focus on research and experimentation of generative AI models and agentic systems. This role involves conducting rigorous data analysis, performing statistical evaluation, designing experimental frameworks, and developing algorithms that effectively leverage both structured and unstructured data. The AI Engineer creates solutions that range from on-demand analytics to fully integrated software systems, working closely with cross-functional teams to align technical solutions with business requirements. Staying apprised and educating senior leaders on emerging AI trends, risks, and opportunities.  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 AI Development and Implementation 3 Design, develop, and implement AI and machine learning systems that address specific business challenges and deliver measurable value. 3 Create and maintain model documentation, ensuring transparency in methodologies and approaches. 3 Research, test, and apply state-of-the-art generative AI models and/or solutions for potential use. 3 Develop agentic AI systems capable of autonomous reasoning, planning, and tool utilization for complex task completion. 3 Create comprehensive evaluation frameworks to assess model performance, detect hallucinations, and ensure output quality. 3 Stay current with emerging AI/ML technologies, frameworks, and methodologies. 3 Contribute to establishing best practices for AI development and deployment. 3 Sets enterprise-wide technical standards by defining reference architectures, chairing design reviews, and approving model lifecycle gates (e.g., data sourcing, bias audits, drift monitoring). Analytics and Insights 3 Extract meaningful patterns and insights from complex, multi-dimensional data sets. 3 Apply advanced analytics including predictive modeling, machine learning, and optimization techniques. 3 Translate business questions into well-defined analytical problems with clear objectives 3 Design and execute experiments with statistically valid methodologies and evaluation criteria. 3 Develop specialized analytics for banking-specific use cases while maintaining compliance with financial regulations. Collaboration and Communication 3 Leads projects or processes with limited supervision, applying advanced knowledge to solve complex problems. 3 Acts as a resource for colleagues, influencing technical direction and standards across multiple products or platforms. 3 Drives cross-team technical initiatives, ensuring integration, scalability, and compliance across multiple products and platforms. 3 Partner with cross-functional teams to understand business requirements and translate them into technical solutions. 3 Effectively communicate complex technical concepts to non-technical stakeholders. 3 Present findings, recommendations, and insights to business teams in accessible formats. 3 Collaborate with software engineers, cloud engineers, data engineers, and data scientists to integrate AI solutions into existing systems and products. 3 Work with compliance and security teams to ensure AI systems meet banking regulatory requirements. Minimum Knowledge, Skills and Abilities Required Education and Experience 3 Bachelor's degree in Computer Science, Statistics, Data Science, Mathematics, or related technical field; Advanced degree preferred but not required. 3 6+ years of experience developing and deploying machine learning or AI solutions in production environments. Technical Skills 3 Strong programming skills with proficiency in Python; familiarity with JavaScript and SQL. 3 Expertise in generative AI techniques including prompt engineering, fine-tuning, retrieval-augmented generation (RAG), evaluation frameworks, tool integration, and agentic system design. 3 Experience with cloud computing platforms (AWS preferred, specifically Bedrock, Sagemaker, Lex, etc.). 3 Skilled in data visualization and storytelling, effectively communicating complex analytical insights in clear, actionable formats for technical and non-technical audiences. 3 Experience with machine learning frameworks (PyTorch, scikit-learn, Hugging Face). 3 Practical knowledge of deep learning, neural networks, and traditional ML algorithms. 3 Familiarity with model optimization techniques including quantization and distillation. 3 Knowledge of AI orchestration frameworks (LangChain, LlamaIndex, MCPs, etc.) Engineering Practices 3 Proficiency with version control systems (Git/GitHub) 3 Understanding of CI/CD pipelines and DevOps practices 3 Experience with containerization and Infrastructure as Code (Docker, Terraform) 3 Knowledge of data structures, algorithms, and software design principles 3 Experience designing observability systems for AI applications Business and Soft Skills 3 Communicates clearly and builds consensus across teams 3 Mentors colleagues and promotes knowledge sharing 3 Excellent written and verbal communication skills 3 Strong analytical thinking and problem-solving abilities 3 Ability to manage time effectively and prioritize competing demands 3 Self-motivated with demonstrated capacity to work independently 3 Experience working in Agile environments 3 Proficiency with Microsoft Office suite (Word, Excel, PowerPoint) 3 Understanding of ethical considerations in AI deployment Position not available for immigration sponsorship #LI-MB1 Principal AI Engineer - AI Transformation 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.  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 6 no matter how they are submitted 6 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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