Senior Manager, Closely Held Assets

Fifth Third Bank; Austin (TX); On-site; USD 97,000 - 208,000; Full time

Job summary

Fifth Third Bank in Farmington Hills, Michigan is seeking a Senior Manager, Closely Held Assets to lead a portfolio of private investments, including partnerships, LLCs, and closely held corporations, ensuring fiduciary and regulatory compliance.

You will oversee valuation, investment reviews, and client engagement, mentoring junior staff and coordinating with risk, legal, and compliance teams across a national footprint.

Qualifications

• Bachelor’s degree in Finance, Accounting, or a related field.
• Minimum of 7 years of relevant work experience in commercial credit, business analysis or equivalent experience.

Responsibilities

• Portfolio Leadership & Management: Manage a portfolio of private business investments, including partnerships, LLCs, and corporations, performing investment reviews, developing recommendations, and determining valuations for fiduciary and fee-related purposes.
• Portfolio Management & Valuation: Manage a portfolio of private business investments, including partnerships, LLCs, and corporations; perform investment reviews, develop recommendations, and determine valuations for fiduciary and fee-related purposes.
• Financial Analysis: Analyze financial statements, industry dynamics, and corporate structures to assess risk and determine the value of closely held business interests.
• Corporate Actions & Transactions: Evaluate and make determinations on proxy votes, tender offers, reorganizations, and lead asset sale decisions, including execution and documentation of transactions.
• Client & Advisor Engagement: Communicate with clients and their professional advisors regarding investment performance, strategy, and recommendations.
• Risk & Fiduciary Governance: Partner with risk, legal, and compliance teams and ensure fiduciary decisions align with governing documents, client objectives, and regulatory requirements; elevate complex matters through established governance channels.
• Subject Matter Expertise & Team Development: Serve as a subject matter expert on closely held assets while training and mentoring junior team members.
• Cross-Functional Collaboration: Work with internal partners to address complex or sensitive investment matters and ensure appropriate risk mitigation.

Skills

Financial Analysis

Valuation

Portfolio Management

Client Relationship Management

Decision Making & Judgement

Leadership & Influence

Analytical Problem Solving

Communication

Education

Bachelor’s degree in Finance, Accounting, or a related field

Job description

Fifth Third Bank in Farmington Hills, Michigan is seeking a Senior Manager, Closely Held Assets to lead a portfolio of private investments, including partnerships, LLCs, and closely held corporations, ensuring fiduciary and regulatory compliance.

You will oversee valuation, investment reviews, and client engagement, mentoring junior staff and coordinating with risk, legal, and compliance teams across a national footprint.