Fifth Third Bancorp

Senior Quantitative Manager (New Account Screening) - Remote

Fifth Third Bancorp • $121K — $262K *
US-AnywhereRemote in United States
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Advanced degree in quantitative analytics, economics, statistics, engineering, or related field, or equivalent work experience.
  • 5-10 years of experience in analytics or fraud management.
  • 2-4 years of management experience with demonstrated leadership skills.
  • 4-8 years of programming experience in SAS, R, and/or Python.
  • 4-8 years of experience in statistical modeling and database management.

Responsibilities

  • Lead a team focused on analytics and strategy for new account screening.
  • Design and implement analytics and process improvements to enhance digital account controls.
  • Utilize descriptive and predictive analytics to address fraud trends.
  • Manage reporting and strategy functions with a high level of independence.
  • Mentor junior analytics professionals to develop their skills.
  • Collaborate with cross-functional teams on fraud strategy initiatives.
  • Provide ad hoc support for various analytics requests.

Benefits

  • Comprehensive benefits programs supporting physical, financial, emotional, and social well-being.
  • Opportunity for incentive compensation based on performance.
  • Remote work flexibility, allowing for a work-from-home arrangement.
Full Job Description

GENERAL FUNCTION:


The Senior Quantitative Manager is responsible for following established guidelines and identifying and resolving problems. Individual at this level is expected to utilize independence of thought but to refer more complex problems to supervisors or other experts. Individual would be expected to contribute to work flow or process change and redesign, and to form a strong basic understanding of the specifies product or process. May also be accountable for regular reporting or process administration as owner.


Incumbents at this level may manage a department, product or process with a large amount of independence. Typically referred to as technical expert and known internally and externally as reliable, knowledge able resource. Develops and exercised business plans, policies and procedures and may also be responsible for various projects to improve efficiencies. Individual at this level has a clear understanding of the firm's different businesses and the related economics.


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:

  • This person will lead a team of analytics and strategy professionals for the Fraud Strategy & Analytics team focused on new account screening for new to bank customer originations.
  • The leader will design, lead, and implement analytics, technology, and process improvement decisions focused on digital account controls and other channels for new account originations to drive profitability while mitigating fraud risk.
  • Utilize descriptive and predictive approaches to mitigate fraud trends, which include reporting, fraud rules, leveraging technology, and other quantitative approaches.
  • High level of independence for reporting, strategy, and analytics functions.
  • Lead and mentor junior analytics professionals, with the goal of developing top analytics talent.
  • Work cross functionally with the Fraud Strategy & Analytics team and other 5/3 stakeholders.
  • Provide ad hoc support for operations, strategy, and leadership analytics requests.
  • Required: Advanced degree in STEM field or equivalent experience.

SUPERVISORY RESPONSIBILITIES:

None


MINIMUM KNOWLEDGE SKILLS, AND ABILITIES REQUIRED:

  • Advanced degree in quantitative analytics, economics, statistics, engineering, or a related area.
  • In lieu of advanced degree, equivalent work/fraud experience
  • 5-10 years of experience
  • 2-4 years of management experience and evidence of leadership
  • 4-8 years experience with one of the following programing languages: SAS, R,  and/or Python (experience via coursework acceptable)
  • 4-8 years experience in statistical/econometric modeling and database management
  • 4-8 years of proficiency with SAS (including statistical modeling), and SQL
  • Critical thinking skills (frame a problem, test a hypothesis, implement solutions)
  • Strong verbal and written communication skills
  • Strong analytical skills
  • Ability to present a professional image
  • Ability to work in a team environment
  • Ability to multi-task and to be flexible
  • Experience with Microsoft office products, such as Word, Excel, PowerPoint and Outlook is necessary

#LI-GM1


This is a remote role that can sit anywhere in the U.S.

Senior Quantitative Manager (New Account Screening) - Remote

Total Base Pay Range 121,900.00 - 262,100.00 USD Annual

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 -- Virtual, Ohio 00000

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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