Principal, Fintech Innovation Banking

Fifth Third Bank; San Francisco (CA); On-site; USD 82,000 - 173,000; Full time

Benefits offered by this job

Comprehensive benefits

Incentive compensation plan

Job summary

Fifth Third Bank in New York is seeking a Principal, Fintech Innovation Banking, to drive growth across three strategic pillars: Corporate Banking for Fintech, Embedded Banking & Fintech Infrastructure, and Asset-Backed Finance.

You will build and interpret complex financial models, create client-ready presentations, and originate venture debt, growth capital, and capital-markets opportunities, coordinating with product partners and senior bankers.

Qualifications

• Strong credit, corporate finance, and underwriting skills.
• SIE, Series 79, and Series 63 licenses required within Fifth Third guidelines.
• 5-7 years of experience in banking, corporate finance, or capital markets.

Responsibilities

• Build and interpret complex financial models; independently complete credit and financial statement analysis.
• Create high-impact, client-ready presentation materials.
• Apply strong understanding of venture capital structures and market trends to identify client needs and relevant solutions.
• Support and help originate venture debt, growth capital, MRR/ARR, treasury, FX, warrant, and capital markets opportunities.
• Coordinate with product partners to develop integrated financing solutions for complex client needs.
• Build strong relationships with peers, product partners, and senior bankers.
• Provide support and oversight to Capital Markets and Treasury partners on product suitability.

Skills

Analytical skills

Modeling & valuation

Effective communication

Multi-priority management

Bloomberg / Capital IQ / FactSet

Education

Undergraduate degree

Graduate degree preferred

Tools

Bloomberg

Capital IQ

FactSet

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.

The Principal is responsible for supporting growth across three strategic pillars:

• Corporate Banking for Fintech Companies – providing comprehensive banking, treasury, lending, and capital markets solutions to venture-backed and growth-stage fintech companies.
• Embedded Banking & Fintech Infrastructure – delivering banking and funds-flow capabilities that enable fintech clients’ products, with a particular emphasis on expanding the adoption and strategic value of the Newline platform.
• Asset-Backed Finance & Structured Capital Solutions – originating and executing warehouse facilities, forward-flow agreements, securitizations, ABS transactions, and other structured financing solutions for fintech lenders and specialty finance companies.

RESPONSIBILITIES:

• Build and interpret complex financial models; independently complete credit and financial statement analysis.
• Create high-impact, client-ready presentation materials.
• Apply strong understanding of venture capital structures and market trends to identify client needs and relevant solutions.
• Support and help originate venture debt, growth capital, MRR/ARR, treasury, FX, warrant, and capital markets opportunities.
• Coordinate with product partners to develop integrated financing solutions for complex client needs.
• Build strong relationships with peers, product partners, and senior bankers.
• Provide support and oversight to Capital Markets and Treasury partners on product suitability.

MINIMUM REQUIREMENTS:

• Undergraduate degree required; graduate degree preferred.
• 5-7 years of experience in banking, corporate finance, or capital markets.
• Strong credit, corporate finance, and underwriting skills.
• SIE, Series 79, and Series 63 licenses required within Fifth Third guidelines.

PERFORMANCE GEARING:

5-7 years related experience: New deposits/year $40MM - Fees/year (Capital Markets/Warrants, FX, Payments) $100K - NQRs/year 3.

REQUIRED SKILLS:

Advanced analytical and quantitative skills; strong modeling and valuation; effective communication; multi-priority management; familiarity with Bloomberg, Capital IQ, or FactSet.

SKILLS FOR SUCCESS:

Execution Leadership - Client Impact - Commercial Acumen - Team Building - Risk Management.

DOING THE RIGHT THING:

Accountable for risk by openly exchanging ideas, elevating concerns, and following policies and procedures.

Principal, Fintech Innovation Banking

Total Base Pay Range 82,100.00 - 172,500.00 USD Annual

At 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 – New York, New York 10169

Attention 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.