Capital Planning Senior Analyst

Fifth Third; Cincinnati (OH); On-site; USD 120,000 - 160,000; Full time

Job summary

Fifth Third Bank is seeking a highly experienced financial analyst to lead complex capital adequacy analyses, including CCAR, and drive enterprise-wide stress testing initiatives from Cincinnati, Ohio. The role focuses on value-added analysis, process improvements, and strong risk controls within capital planning.

The position also involves developing staff, collaborating with Finance, Risk and LOB teams, and ensuring alignment with regulatory guidance.

Qualifications

• Bachelor's degree required.
• MBA or CPA preferred.
• Thorough knowledge of GAAP strongly desired.
• Typically requires minimum of seven years of accounting or finance related experience.
• Breadth of knowledge in all Bancorp lines of business.

Responsibilities

• Leads identification of key business factors affecting capital planning.
• Analyzes forecasted financials and supporting documents across the Bancorp.
• Prepares and analyzes reports for senior management.
• Drives process improvement in capital planning and internal controls.

Skills

Financial analysis

Capital planning

CCAR

Risk management

Staff development

Education

Bachelor's degree

MBA

CPA preferred

Tools

Mainframe applications

Data analysis tools

MS Excel

Job description

Position not available for immigration sponsorship.

General Function

Responsible for the execution of highly complex financial analysis and business improvement in support of all capital adequacy processes, including Comprehensive Capital Analysis & Review (CCAR), and enterprise-wide stress testing. Serving as a financial leader to all Fifth Third Bancorp lines of business, this position will play a key role in 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. Leads the education and development of less experienced staff. 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

• Leads peers in 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.
• Plays a lead role in 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.
• Prepares and analyzes reports for all lines of business and affiliates.
• Investigates and documents unusual items.
• Plays a lead role in the execution of financial analysis and in driving business results.
• Develops trend analyses and other quantitative reports to determine business trends.
• Establishes, fosters and maintains working relationships with Finance, Risk and LOB personnel contributing to execution of enterprise-wide capital planning activities.
• Maintains an up-to-date knowledge base to keep current on existing and emerging industry issues.
• Design solutions aimed at optimizing effectiveness/efficiency of enterprise policies/procedures.
• Is an active participant in process improvement and problem resolution issues.
• Participates in complex process improvement initiatives to drive consistency & sustainability within capital planning.
• Support compliance w/regulatory guidance on internal control environments for CCAR, CAP, & Dodd-Frank Act Stress Testing (DFAST).
• Manages the documentation of financial plans and analysis in a format appropriate for meetings with senior management.
• Performs maintenance on existing schedules and reports for changes to information.
• Attends meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas.
• Provides training and guidance to less experienced analysts.
• Allocates work and reviews work of less experienced staff.

Supervisory Responsibilities

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

Minimum Knowledge, Skills and Abilities Required

• Bachelor's degree required.
• MBA or CPA preferred.
• Thorough knowledge of GAAP strongly desired.
• Typically requires minimum of seven years of accounting or finance related experience in industry or public accounting.
• Must have breadth of knowledge and experience in all lines of business within Bancorp.
• 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.
• 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.

Working Conditions

Normal office environment. Extended viewing of a computer screen.

Location

Cincinnati, Ohio 45202

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.

Benefits

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.

Total Rewards

Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

Base Salary

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.

Company and Culture

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. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.