Fifth Third Bancorp

Senior Strategic Initiative Manager

Fifth Third Bancorp$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 5 years of banking experience with strong industry knowledge.
  • Significant experience in project, program, or change management.
  • Bachelor's degree required; advanced degree preferred.
  • Proven track record in managing complex business transformation projects.
  • Strong analytical, problem-solving, and organizational skills.

Responsibilities

  • Directly manage and execute multiple strategic initiatives and program work streams.
  • Provide analytical thinking and industry expertise for commercial strategies.
  • Facilitate key decisions regarding prioritization, scope, and resources.
  • Establish effective communication and governance strategies for stakeholders.
  • Identify and manage project risks and issues, escalating as necessary.
  • Coordinate enterprise-wide communication for program requests.
  • Drive change across the enterprise while aligning with strategic principles.

Benefits

  • Comprehensive benefits program supporting physical, financial, emotional, and social well-being.
  • Incentive compensation plan based on performance.
  • Opportunities for personal development and career growth.
Full Job Description
GENERAL FUNCTION: Partners with Executive and Senior Management to identify, prioritize, develop track and execute strategic initiatives. This includes clarifying business objectives, building program structure, establishing program /project direction, providing counsel to senior management, directing cross-functional teams. In addition, this role is required to direct and oversee the end-to-end program definition and governance, as well as coordination of business partners. This role will oversee the successful execution of one or many simultaneous strategic initiatives and manage the PM portfolio aligned to strategic initiatives. 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: • Directly manage the planning and execution of one or many strategic initiatives and/or program work streams. • Provide thought leadership, analytical thinking and industry expertise to the development of commercial foundational and growth strategies. • Facilitate prioritization, scope control, and resource allocation decisions with program stakeholders. • Provide the required program planning, including challenging financial justification and prioritization of initiatives. • Establish and drive the management, education and communication strategy for all stakeholders. • Establish and maintain effective program governance to ensure project objectives are met; this is inclusive of driving accountability and ensuring timely completion of deliverables. • Manage key program requests and mobilize technology, business and operations to ensure requests are communicated across the enterprise. • Manage / oversee execution of cross-functional leads. • Identify critical risks and issues and drive issue resolution; escalating to senior management/stakeholders, using contingency planning and demonstrating appropriate risk management. • Manage critical project dependencies and ensure that all requirements are syndicated to relevant work streams and business partners. • Coordinate effective communication among teams and stakeholders. • Drive change across enterprise and integrate one bank strategy principles where appropriate. SUPERVISORY RESPONSIBILITIES: Responsible for providing employees timely, candid and constructive performance feedback. Developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth. Developing the appropriate talent pool to ensure adequate bench strength and succession planning. Recognizing and rewarding employees for accomplishments. MINIMUM KNOWLEDGE, SKILLS AND ABILITES REQUIRED: • Minimum 5 years of banking experience and demonstrates strong industry acumen. • Significant project/program/change management experience is preferred. • Bachelor's degree in related field required, advanced degree (Masters level) preferred. • Demonstrated experience in initiating, managing and implementing complex business transformation projects / programs. • Ability to matrix manage across multiple locations, products and functions. • Experience in constructing actionable business and technical strategies and managing the implementation of new or revised business and operational processes. • Experience in managing and delivering technology supported implementations, and experience in diagnosing inefficiencies and implementing process re-engineering projects is preferred. • Strong organization, analytical and problem solving skills; demonstrated ability to think about business problems in new ways and the ability to clarify key issues in complex situations. • Excellent written and verbal communication skills. • Strong facilitation, conflict resolution, negotiation and influencing skills required. • Strong leadership skills required. • A proven team player with the ability to partner, maintain and develop relationships. • Highly self-motivated; ability to work independently with minimal supervision; self-directed. • Able to lead and motivate others and thrive in an extremely fast-paced environment. • Ability to define and manage expectations while leading multiple concurrent projects / programs. • Potential candidates must have proven experience in people management; provide experience in strategic planning; proven experience in risk management and proven experience in change management. Senior Strategic Initiative Manager 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
Net Income
$1.4 billion
Founded
1858
5 Year Trend
+4.4%
NASDAQ

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