Business Strategy Optimization Analyst

Fifth Third; United States; On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Health insurance

Performance bonus

Comprehensive benefits

Job summary

Fifth Third Bank in Cincinnati, OH is seeking a Business Strategy & Optimization Analyst to develop analytics and reporting that identify risks and drive profitability across consumer credit products.

You will apply modeling techniques, lead cross-functional projects, and present evidence-based recommendations to senior leadership, shaping product design, pricing, segmentation and customer experience.

Qualifications

• Bachelor's or higher in a quantitative field (e.g., STEM, economics).
• Master’s in a quantitative discipline preferred.
• 3+ years of demonstrated analytical experience or relevant education.
• Experience with SAS/SQL/Python/R or similar tools for data mining and analysis.

Responsibilities

• Generate and develop monthly, quarterly, and ad-hoc reporting.
• Prepare data for modeling and analysis.
• Develop models, segmentation, and policy impact analyses.

Skills

Data analysis

Statistical modeling

Leadership

Communication

Education

Bachelor's degree in quantitative discipline

Master’s degree preferred

Tools

SAS

SQL

Python

R

Job description

Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. Please note: **This position not available for immigration sponsorship**

GENERAL FUNCTION: Responsible for developing analytics and reporting to assist in the identification and evaluation of all risks related to Consumer Credit (i.e. Direct, Indirect, Credit Card, and Mortgage). The Business Strategy Optimization Analyst uses various analytical frameworks and modeling techniques (including decisions trees, logistic and linear regression, machine learning) to generate insights and strategies that drive the bottom-line profitability of various banking products and customers. The role requires an understanding of the intersection of consumer behavior, business drivers and data-driven decision-making to solve problems and influence business strategy. The Business Strategy & Optimization Analyst will provide recommendations that could impact product design, pricing, segmentation and marketing, credit, fulfillment, and customer experience. 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

• Generate and develop monthly, quarterly and ad-hoc reporting
• Gather and prepare complex data for modeling and analysis
• Develop and execute models, segmentation, and policy in market Project business impacts and monitor and track against the commitments
• Create and present convincing business cases to support recommendations
• Design tests to generate insights and improve understanding of our customers
• Effectively lead project teams in a highly matrixed environment
• Communicate effectively with senior leadership
• Perform adhoc portfolio analysis in a fast paced and dynamic business environment

MINIMUM KNOWLEDGE, SKILLS & ABILTIES

• Bachelor's degree in quantitative discipline (e.g. science, technology, engineering, math, or economics).
• Master’s degree in quantitative discipline (e.g. statistics, data sciences, business analysis, finance, mathematics, or economics) preferred.
• Minimum 3 years of demonstrated analytical experience or formal education
• Experienced in data mining and analysis using SAS or SQL, Python, R or other relevant programming languages
• Ability to develop and design tests that are statistically grounded
• Demonstrated leadership and interpersonal skills
• Excellent verbal and written communication skills

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 45242

Fifth Third Bank, National Association 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.

Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step? Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives.