Director, Risk Advisory: Wealth & Insurance Strategy

Fifth Third Bank; Indianapolis (IN); On-site; USD 122,000 - 262,000; Full time

Job summary

Fifth Third Bank seeks a Director of Risk Advisory to lead the Risk Advisory capability within Strategic Client Advisory Solutions. You will oversee diverse insurance and risk-management needs, coordinate with wealth professionals, and ensure high-quality advisory outcomes for sophisticated clients.

In this role, you’ll guide the team, shape operating models, and ensure adherence to risk governance while delivering advice-led solutions across wealth planning domains.

Qualifications

• Bachelor’s degree or equivalent combination of education and experience.
• Appropriate state insurance licenses for Life, Health and Long-Term Care.
• 10+ years of insurance, wealth planning or related financial-services experience, including significant experience with high-net-worth clients.
• Demonstrated experience leading or coaching professionals and managing complex client engagements in a regulated environment.

Responsibilities

• Lead, coach and develop Risk Advisory consultants while maintaining an active portfolio of complex client engagements and serving as the senior escalation point for advanced insurance planning matters.
• Translate the SCAS strategy into a practical Risk Advisory operating model, priorities, standards and performance expectations aligned to client value and holistic wealth planning.
• Own the core risk-assessment questions, decision pathways and documentation standards incorporated into new wealth strategies; ensure identified needs and outcomes are routed to Risk Advisory.
• Partner with Wealth Advisors, Wealth Strategists, fiduciary professionals and external advisors to assess sophisticated life, disability, long-term care, annuity, liquidity and wealth-transfer considerations.
• Provide oversight of case design, insurance recommendations, policy exceptions, carrier and product considerations, documentation and implementation quality within established policies and risk appetite.
• Align consultant coverage by region, monitor demand and capacity, and promote consistent access to Risk Advisory expertise across the Private Bank footprint.
• Develop education, tools and consultation routines that help advisors recognize risk-management needs and integrate Risk Advisory earlier in the client planning process.
• Establish workflow, service standards, pipeline visibility, client-outcome measures and management reporting; improve processes that reduce administrative burden on senior advisory talent.
• Collaborate with SCAS, Private Bank, Insurance Operations, Legal, Compliance, Risk and third-party providers to execute solutions and resolve complex matters.
• Support relationship acquisition, retention and deepening by delivering advice-led solutions and measuring success through client value, quality, adoption and execution.

Skills

Advanced Insurance Planning

Advisory Leadership

Holistic Wealth Integration

Risk and Regulatory Judgment

Executive Communication

Education

Bachelor’s degree

Job description

Fifth Third Bank seeks a Director of Risk Advisory to lead the Risk Advisory capability within Strategic Client Advisory Solutions. You will oversee diverse insurance and risk-management needs, coordinate with wealth professionals, and ensure high-quality advisory outcomes for sophisticated clients.

In this role, you’ll guide the team, shape operating models, and ensure adherence to risk governance while delivering advice-led solutions across wealth planning domains.