Fifth Third Bank Financial Analyst III in CINCINNATI, Ohio

JOB DESCRIPTION:

Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. We've staked our claim on looking at things differently to making banking a Fifth Third Better. This applies to our relationships with customers and employees alike.

We employ about 18,000 people, and what we offer is:

# A chance for employees to build their future, with supportive career development and financial wellness programs.

# An environment where we win together. We celebrate achievement and work collaboratively. We're also a three-time Gallup Great Workplace honoree.

# An invitation to impact lives in a positive and lasting way. Everything we do is geared toward improving lives. That's fun and exciting.

It comes down to the fact that Fifth Third is a warm and caring place to with which to grow # as a customer or as a team member.

At Fifth Third Bank, the Finance division is a diverse function that includes Accounting, Business Planning and Analysis, Treasury, and Corporate Finance professionals, among others. Together this team supports and executes the internal financial operatio ns of the organization.

In Finance, we are responsible for delivering timely, accurate, and relevant fiscal information to support key business initiatives. Our involvement is critical to business advancement and is driven through the corporate profit planning process, ensuring financial regulatory compliance and maintaining the Bank's accounting policies and procedures.

At Fifth Third, the Finance team is committed to developing our leaders of tomorrow while creating an enjoyable and supportive work environment at an elite, public corporation.

GENERAL FUNCTION: Responsible for the execution of complex financial analysis and business improvement of key areas within the Bancorp. Emerging as financial leader to Fifth Third Bancorp lines of business, affiliate leadership, and/or externalagenciesto understand and meet the information needs required to sustain growth. Focus on providing value-added analysis and recommendations to support business growth.

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 thatactions 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 & RESPONSIBILITIES:

  • Understands the identification of key business factors (both internal and external) that impact the business.

o Maintains an up-to-date knowledge base to keep current on existing and emerging issues; applies this knowledge to assist business managers in growing their business.

o Develops recommendations and action plans to support growth and eliminate or mitigate observed risks.

  • Plays a key role in the execution of financial analysis and in driving business results.

o Prepares and analyzes monthly reports. Investigates and documents unusual items.

o Performs maintenance on existing schedules and reports for changes to information.

o Documents, evaluates and improves design of reports and processes to ensure that analytical tools evolve as business changes.

o Develops trend analyses and other quantitative reports to determine business trends.

  • Assists management with the development and maintenance of the performance data systems designed to review organizational and product performance.

  • Establishes, fosters and maintains working relationships with peers and management within Bancorp Finance, affiliates and all lines of business.

o May serve as the division leader to lines of business regarding mergers and acquisitions, conversions of application systems, and complex reporting needs.

o Attends meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas.

o Is an active participant in process improvement and problem resolution issues.

  • Assists with the preparation and analysis of annual profit plan and rolling forecast for line of business.

  • Analyzes business performance, make recommendations for improvements and measure progress.

  • Provides training and guidance to less experienced analysts.

  • May be responsible for incentive plan administration.

SUPERVISORY RESPONSIBILITIES: Provides guidance to less experienced staff, but no direct supervisory responsibilities.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

Education:Bachelor's degree in Accounting or Finance required. MBA or CPA preferred. Thorough knowledge of GAAP strongly desired.

Experience:Typically requires minimum of five years of accounting or finance related experience in industry or public accounting.

Computer/Technical: Proficient with MS-Windows and other related PC applications. Possess the desire and ability to learn mainframe applications, and automated data analysis tools and techniques.

Other Skills:

  • This position requires excellent analytical, verbal and written communication skills necessary to interact with personnel ranging from clerical staff to more senior management.

  • Demonstrated proficiency in performance measurement tools and technology.

  • Ability to work both individually and as a member of a team.

  • Ability to maintain professional composure in a dynamic work environment that often requires management/completion of multiple tasks.

  • Demonstrate sound judgment as well as apply logical/critical thought processes.

Fifth Third Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.