Capital Planning Analyst I

Fifth Third; Cincinnati (OH); On-site; USD 60,000 - 80,000; Full time

Job summary

Fifth Third Bank in Cincinnati, OH seeks a Capital Planning Analyst I to assist in capital adequacy analysis, CCAR activities, and enterprise stress testing. You will help coordinate capital planning processes and deliver value-added analysis to support risk management and process improvement.

Ideal candidates hold a bachelor's degree (MBA/CFA/CPA preferred) with up to two years in accounting or finance, strong Excel/data-analysis skills, and a disciplined approach to documentation, reporting,

Qualifications

• Bachelor's degree required.
• MBA, CFA or CPA preferred.
• Knowledge of GAAP strongly desired.
• Typically requires zero to two years of accounting or finance related experience in industry or public accounting.
• Proficient with MS-Windows and other related PC applications.
• Possess the desire and ability to learn automated data analysis tools and techniques.
• This position requires excellent analytical, verbal and written communication skills necessary to interact with personnel ranging from analysts 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.

Responsibilities

• Understands the identification of key business factors (both internal and external) that impact capital planning processes.
• Maintains an up-to-date knowledge base to keep current on existing and emerging industry issues.
• Collection, aggregation, and analysis of forecasted financials and supporting documentation from the across the Bancorp.
• Provides documentation of financial plans and analysis in a format appropriate for meetings with senior management.
• Evaluates and improves design of reports and processes to ensure that analytical tools evolve as business changes.
• Performs maintenance on existing schedules and reports for changes to information.
• Prepares and analyzes reports for all lines of business and affiliates.
• Investigates and documents unusual items.
• Establishes, fosters and maintains working relationships with Finance, Risk and LOB personnel contributing to execution of enterprise-wide capital planning.
• Works closely with line of business participants and other CCAR central process teams to improve the overall control environment of the capital planning process and drive consistency and sustainability.
• Supports process improvement initiatives to drive consistency & sustainability within capital planning.
• Assists with providing guidance to stress test participants in updating/maintaining control documentation, including process flows, approval templates, & policy/procedural documentation.
• Responsible for verifying and documenting compliance with risk management/control framework supporting relevant aspects of Fifth Third's Capital Planning Process.
• Seeks opportunities to enhance Capital Adequacy Process and is an active participant in process improvement and problem resolution issues.
• Provides recommendations and action plans to support growth and eliminate or mitigate observed risks.
• Attends meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas.

Skills

Analytical skills

Verbal & written communication

Teamwork

Problem solving

Education

Bachelor's degree

Tools

MS Windows proficiency

Data analysis tools

Job description

Capital Planning Analyst I

GENERAL FUNCTION

Position not available for immigration sponsorship. Assists in the execution of financial analysis and business improvement in support of capital adequacy processes, including Comprehensive Capital Analysis & Review (CCAR), and enterprise-wide stress testing. Supporting all Fifth Third Bancorp lines of business, this role will assist in the coordination of Fifth Third's capital planning processes. Focus on providing value-added analysis and process improvement recommendations to support Capital Planning, as well as quality assurance and business controls support. 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

• Understands the identification of key business factors (both internal and external) that impact capital planning processes.
• Maintains an up-to-date knowledge base to keep current on existing and emerging industry issues.
• Collection, aggregation, and analysis of forecasted financials and supporting documentation from the across the Bancorp.
• Provides documentation of financial plans and analysis in a format appropriate for meetings with senior management.
• Evaluates and improves design of reports and processes to ensure that analytical tools evolve as business changes.
• Performs maintenance on existing schedules and reports for changes to information.
• Prepares and analyzes reports for all lines of business and affiliates.
• Investigates and documents unusual items.
• Establishes, fosters and maintains working relationships with Finance, Risk and LOB personnel contributing to execution of enterprise-wide capital planning activities.
• Works closely with line of business participants and other CCAR central process teams to improve the overall control environment of the capital planning process and drive consistency and sustainability.
• Supports process improvement initiatives to drive consistency & sustainability within capital planning.
• Assists with providing guidance to stress test participants in updating/maintaining control documentation, including process flows, approval templates, & policy/procedural documentation.
• Responsible for verifying and documenting compliance with risk management/control framework supporting relevant aspects of Fifth Third's Capital Planning Process.
• Seeks opportunities to enhance Capital Adequacy Process and is an active participant in process improvement and problem resolution issues.
• Provides recommendations and action plans to support growth and eliminate or mitigate observed risks.
• Attends meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED

• Bachelor's degree required.
• MBA, CFA or CPA preferred.
• Knowledge of GAAP strongly desired.
• Typically requires zero to two years of accounting or finance related experience in industry or public accounting.
• Proficient with MS-Windows and other related PC applications.
• Possess the desire and ability to learn automated data analysis tools and techniques.
• This position requires excellent analytical, verbal and written communication skills necessary to interact with personnel ranging from analysts 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.

WORKING CONDITIONS

Normal office environment with little exposure to dust, noise, temperature and the like.

BENEFITS AND COMPENSATION

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

EVENING DIVERSITY STATEMENTS

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.