Senior Finance Reporting Analyst

Fifth Third Bank, N.A.; Frisco (TX); On-site; USD 90,000 - 110,000; Full time

Job summary

Frisco, Texas-based Fifth Third Bank, N.A. seeks a Senior Finance Reporting Analyst to lead FRY14-M and FRY14Q reporting, document processes, and support regulatory disclosures.

You will collaborate with internal auditors, risk teams, and business partners to improve data quality and develop centralized data sources while ensuring compliant, accurate reporting across schedules.

Qualifications

• Education – Bachelor’s Degree in Business Administration, Accounting, or Finance. Advanced degree preferred.
• Experience – Minimum of 5 years of related work experience within the financial industry with experience with financial reporting, analytics, or database management.
• Computer skills – Microsoft office products with strong Excel skills. Demonstrated ability to utilize various applications and business intelligence/database tools: SAS, SQL, Business Objects, Tableau. Demonstrated ability to learn and understand various applications and business intelligence/database tools.

Responsibilities

• Lead the development and production of reports and documentation for FRY14-M, FRY14Q, and regulatory reporting.
• Assume responsibility for the existing reporting processes and all related calculations and support, which requires the employee to:
• Develop an understanding of existing and proposed regulatory guidance around the reporting of externally prepared schedules
• Identify, analyze, and support data used in the schedules, and work with line of business partners to ensure improved data quality
• Maintain schedule documentation, including process mapping, edit testing, and reconciliations
• Work collaboratively with Internal and External Auditors and Federal Reserve Bank Examiners
• Document current reporting to ensure transparency in the current reporting framework. Evaluate and improve the design of reports in existence, through a centralized process and data flow. Improve access to and quality of data used.
• Perform edit/validation checks and analytical reviews as necessary to verify data inputs are complete and accurate.
• Support the development of datasets for improved transparency.
• Perform analytical review on reporting outputs to understand changes in portfolio composition and identify errors or omissions.
• Perform and/or leverage portfolio analysis such as industry/geographic/product segmentation and ensure that impact is expected to ensure accuracy.
• Develop, analyze, and justify assumptions and calculations to ensure transparency throughout the bank incorporating regulatory guidance
• Maintain procedural documents, data, and calculation reference material.
• Participate in the development of new 14Q and 14M reporting processes under centralized data sources
• Collaborate with the teams who design, develop, implement, document, and maintain new reporting processes to improve the quality, transparency, and consistency of the data reported
• Develop relationships with the appropriate levels of management for process improvement ideas, issue identification, and resolution.
• Work collaboratively with Commercial and Consumer Lines of business, Risk Management, the Enterprise Data Office, and Regulators. Ensure that schedule changes are well communicated, approach is consistent, and issues are escalated as appropriate to the Regulatory Reporting Disclosure Committee.
• Communicate with internal stakeholders: maintain regular communication with the finance and accounting, the lines of business, risk, IT, and EDO to ensure that all appropriate items and issues are addressed, and that important items are documented and presented timely to senior management.
• Proficient with various in-house transaction systems, including but not limited to booking systems (AFS, ACBS, Infolease, etc) underwriting systems (CCAS, nCino, etc), etc.
• Assume additional responsibilities as required to fulfill departmental goals.

Skills

Analytical

Communication

Teamwork

Problem solving

Education

Bachelor's Degree in Business/Accounting/Finance

Tools

SAS

SQL

Business Objects

Tableau

Job description

Frisco, TX

Full time

R72199

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 within the Bancorp. Streamline external reporting schedules through development of a centralized data source. Focus efforts around automation in reporting, documenting data flow for transparency, and pursuing resolution of data quality issues in partnership with various lines of business. Escalating and communicating issues as they arise to ensure the right level of visibility is critical.

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 ensuring 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 & RESPONSIBILITIES:

• Lead the development and production of reports and documentation for FRY14-M, FRY14Q, and regulatory reporting.

• Assume responsibility for the existing reporting processes and all related calculations and support, which requires the employee to:

• Develop an understanding of existing and proposed regulatory guidance around the reporting of externally prepared schedules

• Identify, analyze, and support data used in the schedules, and work with line of business partners to ensure improved data quality

• Maintain schedule documentation, including process mapping, edit testing, and reconciliations

• Work collaboratively with Internal and External Auditors and Federal Reserve Bank Examiners

Typical duties include:

• Document current reporting to ensure transparency in the current reporting framework. Evaluate and improve the design of reports in existence, through a centralized process and data flow. Improve access to and quality of data used.

• Perform edit/validation checks and analytical reviews as necessary to verify data inputs are complete and accurate.

• Support the development of datasets for improved transparency.

• Perform analytical review on reporting outputs to understand changes in portfolio composition and identify errors or omissions.

• Perform and/or leverage portfolio analysis such as industry/geographic/product segmentation and ensure that impact is expected to ensure accuracy.

• Develop, analyze, and justify assumptions and calculations to ensure transparency throughout the bank incorporating regulatory guidance

• Maintain procedural documents, data, and calculation reference material.

Process improvements:

• Participate in the development of new 14Q and 14M reporting processes under centralized data sources

• Collaborate with the teams who design, develop, implement, document, and maintain new reporting processes to improve the quality, transparency, and consistency of the data reported

• Develop relationships with the appropriate levels of management for process improvement ideas, issue identification, and resolution.

• Work collaboratively with Commercial and Consumer Lines of business, Risk Management, the Enterprise Data Office, and Regulators. Ensure that schedule changes are well communicated, approach is consistent, and issues are escalated as appropriate to the Regulatory Reporting Disclosure Committee.

• Communicate with internal stakeholders: maintain regular communication with the finance and accounting, the lines of business, risk, IT, and EDO to ensure that all appropriate items and issues are addressed, and that important items are documented and presented timely to senior management.

• Proficient with various in-house transaction systems, including but not limited to booking systems (AFS, ACBS, Infolease, etc) underwriting systems (CCAS, nCino, etc), etc.

• Assume additional responsibilities as required to fulfill departmental goals.

SUPERVISORY RESPONSIBILITIES: None

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Education – Bachelor’s Degree in Business Administration, Accounting, or Finance. Advanced degree preferred.

• Experience – Minimum of 5 years of related work experience within the financial industry with experience with financial reporting, analytics, or database management.

• Computer skills – Microsoft office products with strong Excel skills. Demonstrated ability to utilize various applications and business intelligence/database tools: SAS, SQL, Business Objects, Tableau. Demonstrated ability to learn and understand various applications and business intelligence/database tools.

Preferred Attributes

• Excellent analytical, verbal, and written communication skills.

• Results driven and self-motivated individual with demonstrated ability to improve operational processes and operate in a team environment. Ability to work both individually and as a member of a team.

• Sound problem solving skills, including the ability to identify obstacles or issues and work independently to develop and propose flexible solutions.

• Demonstrated ability to organize and present complex topics and analysis in a clear and concise manner (written and verbal)

• Demonstrated ability to maintain professional composure in a dynamic work environment that often requires management/completion of multiple tasks. Demonstrate sound judgement as well as apply logical/critical thought processes.

• Demonstrated financial analysis, quantitative, conceptual, risk assessment, and analytic skills.

• Experience with regulators desired.

Senior Finance Reporting 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

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.

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.