IMG Intermediate Trader

Fifth Third Bank

Cincinnati (OH)

On-site

USD 120,000 - 190,000

Full time

2 days ago
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Job summary

Fifth Third Bank is seeking an experienced Intermediate Trader for its Cincinnati trading desk. The role covers execution across all asset classes, interaction with brokers, and daily market updates to portfolio managers.

The ideal candidate has 5–10 years of trading experience, strong analytical skills, and proficiency with Bloomberg and order management systems. Based in Cincinnati, this full-time position offers a comprehensive compensation package.

Qualifications

  • Bachelor's degree required.
  • 5–10 years trading experience.
  • Advanced knowledge of securities and markets.
  • Excellent communication and multitasking in a fast-paced environment.
  • Experience trading multiple asset classes and derivatives.
  • Proficiency with Bloomberg and OMS/EMS.

Responsibilities

  • Trade all asset classes including equities, fixed income, derivatives, ETFs, ETNs, ADRs, and structured notes.
  • Coordinate with brokers to place orders and ensure proper posting and settlement.
  • Provide market sentiment updates to Portfolio Managers.
  • Support daily trading operations when senior trader is absent.
  • Develop workflows with strategists for updating models and rebalancing accounts.
  • Reconcile model positions monthly and manage risk.

Skills

Trading experience
Communication skills
Attention to detail
Team player

Education

Bachelor's Degree

Tools

Bloomberg Terminal
Order management systems
Execution management systems

Job description

IMG Intermediate Trader### IMG Intermediate TraderApply: Cincinnati, OH: Full time: Posted Today: End Date: December 18, 2026 (30+ days left to apply): R75134**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.GENERAL FUNCTION:Responsible for executing the purchases and sales securities by authorized individuals, rebalancing client accounts and maintaining modeling program.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:* Responsible for trading all asset classes, market caps, equities, fixed income, derivatives, ETFs, ETNs, ADRs, and structured notes.* Required understanding of the different methods of placing orders with the designated brokers.* They must determine which broker would be the most effective at handling time sensitive or large orders and a comprehensive knowledge of electronic order management systems, execution management systems, algorithms, DMAs, dark pools, and crossing networks.* The intermediate trader is also responsible for receiving executed orders back form the brokerage community and making sure those orders are properly posted and settled on the accounting system.* They also maintain contact with Portfolio Managers by communicating market sentiment and the current trading environment. The intermediate trader must also be able to handle the daily trading operation while the senior trader is out of the office.* Receives investment model updates and changes from internal and external strategy teams and executes across institutional and personal trust accounts. Responsible for managing high volume, high transaction, high risk systems.* Works with each internal and external strategist develop workflows for updating models, rebalancing accounts, and implementing strategy changes. Responsible for reconciling model position on a monthly basis.* Monitor, identify, and correct any account level cash or position deviations from the model. Must develop, implement, and maintain procedures for ensuring minimal dispersion of returns for separately managed accounts. Should work to continuously reduce implementation shortfall.* Executes all modeled account maintenance requests from portfolio managers and financial advisors. Responsible for creating and releasing large block orders.* Tracks and implements socially responsible restrictions, unmanaged restrictions, and cash requirements for all institutional and personal trust modeled accounts.* Responsible for all aspects of SMA and UMA modeling platforms. Must work with IT and vendors on system conversions, upgrades, and day to day maintenance.* Provide guidance to portfolio managers and strategists on fund selection within asset allocation models. Must be familiar with liquidity, trading restrictions and account minimums.MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:* Bachelor's Degree Required.* 5-10 years of trading experience.* Advanced knowledge of securities, their markets and trade- related activities.* Excellent communication skills.* Ability to multitask and thrive in a fast paced environment.* Superb work ethic, attention to detail, and team orientation.* Experience trading multiple asset classes, all market caps, international, ETN and ETF creation, ADRs, and derivatives.* Strong technology skills, proficiency with Bloomberg, order management systems, and execution management systems.IMG Intermediate TraderAt Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. 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 45202Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.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.
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