Asset Portfolio Manager – Closely Held Interests

Fifth Third Bank; Chicago (IL); On-site; USD 71,000 - 146,000; Full time

Benefits offered by this job

Comprehensive benefits

Total Rewards program

Job summary

Fifth Third Bank is hiring a Manager, Closely Held Assets in Rosemont, IL. The role focuses on day-to-day portfolio management of nonmarketable assets within fiduciary structures, including trusts and estates.

You will evaluate, monitor, and administer portfolios such as LPs, LLCs, and privately held firms, partnering with senior team members to support asset decisions and transactions.

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field, or equivalent work experience.
• Minimum of 5 years of relevant work experience in commercial credit, business analysis, trust administration, or similar field.

Responsibilities

• Portfolio Management & Administration: Manage a portfolio of closely held business interests, supporting investment reviews, valuations, and ongoing monitoring activities.
• Financial Analysis: Analyze financial statements, company performance, and industry trends to assist in assessing risk and determining asset value.
• Corporate Actions & Transactions: Support the evaluation and execution of corporate actions, including proxy votes, reorganizations, and asset sale transactions.
• Client & Advisor Engagement: Communicate with clients, trust officers, and professional advisors regarding asset performance and administrative updates.
• Risk & Fiduciary Compliance: Ensure adherence to governing documents, fiduciary standards, and regulatory requirements; elevate risks or issues as appropriate.
• Operational Execution: Coordinate documentation, tracking, and reporting related to asset activities, ensuring accuracy and timeliness.
• Cross-Functional Collaboration: Partner with internal teams including risk, legal, tax, and operations to support asset management and issue resolution.

Skills

Financial Analysis

Portfolio Management

Client Communication

Attention to Detail

Analytical Thinking

Problem Solving

Collaboration

Communication

Client Focus

Education

Bachelor's degree in Finance or Accounting

Job description

Fifth Third Bank is hiring a Manager, Closely Held Assets in Rosemont, IL. The role focuses on day-to-day portfolio management of nonmarketable assets within fiduciary structures, including trusts and estates.

You will evaluate, monitor, and administer portfolios such as LPs, LLCs, and privately held firms, partnering with senior team members to support asset decisions and transactions.