Regulatory Financial Analyst

Fifth Third Bank, N.A.; Frisco (TX); On-site; USD 70,000 - 90,000; Full time

Job summary

Frisco, TX is hosting a Regulatory Financial Analyst role at Fifth Third Bank, National Association. This full-time position supports the execution of moderately complex financial analysis for regulatory reports and represents Regulatory Reporting in accounting initiatives.

Responsibilities include maintaining knowledge of internal/external factors, improving disclosures, preparing recurring filings, and monitoring deadlines. Collaboration with team and management is essential.

Qualifications

• Bachelor's degree required.
• Thorough knowledge of GAAP preferred.
• 1-3 years of accounting, finance or banking related experience in industry or public accounting.
• Proficient with MS-Windows and other related PC applications.
• 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.

Responsibilities

• Understand and assist in the identification of key business factors (both internal and external) that impact Regulatory Reporting.
• Maintain an up-to-date knowledge base to keep current on existing and emerging issues; apply this knowledge to assist business managers in sustaining regulatory reporting compliance.
• Develop recommendations and action plans to improve financial reporting disclosures and improve processes to eliminate or mitigate observed risks.
• Play a key role in the preparation of recurring Regulatory Reporting filings.
• Monitor deadlines and reporting calendar with the Regulatory Reporting Manager for completing filings.
• Prepare existing disclosures and analysis reports.
• Document, evaluate and improve design of reports and processes to ensure that analytical tools evolve as business and reporting requirements change.
• Monitoring / maintenance of general ledger chart of accounts
• Assist staff with the development and maintenance of data systems designed to track, record and report financial information needed for Regulatory Report preparation.
• Perform analytical research to identify performance trends and to make recommendations for improvements.

Skills

Analytical skills

Verbal communication

Written communication

GAAP knowledge

Education

Bachelor's degree

Tools

MS-Windows

Job description

Frisco, TX

Full time

R72198

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:

Assist in the execution of moderately complex financial analysis of key business areas associated with the completion of Agency required Regulatory Reports. Represent Regulatory Reporting in various accounting and finance initiatives. Serve as a financial team member to Fifth Third Bancorp lines of business and Regulatory Agencies to meet the information needs to sustain Regulatory Reporting compliance.

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 Banks risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Understand and assist in the identification of key business factors (both internal and external) that impact Regulatory Reporting.
• Maintain an up-to-date knowledge base to keep current on existing and emerging issues; apply this knowledge to assist business managers in sustaining regulatory reporting compliance.
• Develop recommendations and action plans to improve financial reporting disclosures and improve processes to eliminate or mitigate observed risks.
• Play a key role in the preparation of recurring Regulatory Reporting filings.
• Monitor deadlines and reporting calendar with the Regulatory Reporting Manager for completing filings.
• Prepare existing disclosures and analysis reports.
• Document, evaluate and improve design of reports and processes to ensure that analytical tools evolve as business and reporting requirements change.
• Monitoring / maintenance of general ledger chart of accounts
• Assist staff with the development and maintenance of data systems designed to track, record and report financial information needed for Regulatory Report preparation.
• Perform analytical research to identify performance trends and to make recommendations for improvements.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Bachelors degree required.
• Thorough knowledge of GAAP preferred.
• 1-3 years of accounting, finance or banking related experience in industry or public accounting.
• Proficient with MS-Windows and other related PC applications.
• 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.

Regulatory Financial Analyst

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 -- Frisco, Texas 75034

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.

Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step?

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.