Senior Quantitative Manager (New Account Screening) - Remote

Fifth Third Bank; United States; Remote; USD 122,000 - 262,000; Full time

Job summary

Fifth Third Bank is seeking a Senior Quantitative Manager for New Account Screening to lead analytics and strategy initiatives. The role supports digital account controls, drives profitability, and mitigates fraud across channels with advanced modeling and descriptive/predictive analytics.

The position is remote in the United States with a broad base salary range and potential incentive pay. Strong leadership and communication skills are essential to guide a diverse analytics team.

Qualifications

• Advanced degree in STEM field or equivalent experience.
• 5–10 years of experience in analytics or fraud risk.
• 2–4 years of management experience.
• Experience with SAS, R, Python and SQL preferred.
• Strong quantitative and problem-solving abilities.
• Experience with descriptive and predictive analytics.

Responsibilities

• Lead analytics and strategy team for the Fraud Strategy & Analytics team focused on new account screening for new to bank customer originations.
• Design, lead, and implement analytics, technology, and process improvements for digital account controls and other channels for new account originations to drive profitability while mitigating fraud risk.
• Utilize descriptive and predictive approaches to mitigate fraud trends, including reporting, fraud rules, leveraging technology, and other quantitative approaches.
• High level of independence for reporting, strategy, and analytics functions.
• Lead and mentor junior analytics professionals, aiming to develop top analytics talent.
• Work cross functionally with the Fraud Strategy & Analytics team and other 5/3 stakeholders.
• Provide ad hoc support for operations, strategy, and leadership analytics requests.

Skills

Statistical modeling

Econometrics

Critical thinking

Verbal and written communication

Leadership

Problem solving

Team collaboration

Microsoft Office

Education

Advanced degree in STEM or equivalent

Tools

SAS

R

Python

SQL

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.

GENERAL FUNCTION:

The Senior Quantitative Manager is responsible for following established guidelines and identifying and resolving problems. Individual at this level is expected to utilize independence of thought but to refer more complex problems to supervisors or other experts. Individual would be expected to contribute to work flow or process change and redesign, and to form a strong basic understanding of the specifies product or process. May also be accountable for regular reporting or process administration as owner.

Incumbents at this level may manage a department, product or process with a large amount of independence. Typically referred to as technical expert and known internally and externally as reliable, knowledge able resource. Develops and exercised business plans, policies and procedures and may also be responsible for various projects to improve efficiencies. Individual at this level has a clear understanding of the firm's different businesses and the related economics.

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:

• This person will lead a team of analytics and strategy professionals for the Fraud Strategy & Analytics team focused on new account screening for new to bank customer originations.
• The leader will design, lead, and implement analytics, technology, and process improvement decisions focused on digital account controls and other channels for new account originations to drive profitability while mitigating fraud risk.
• Utilize descriptive and predictive approaches to mitigate fraud trends, which include reporting, fraud rules, leveraging technology, and other quantitative approaches.
• High level of independence for reporting, strategy, and analytics functions.
• Lead and mentor junior analytics professionals, with the goal of developing top analytics talent.
• Work cross functionally with the Fraud Strategy & Analytics team and other 5/3 stakeholders.
• Provide ad hoc support for operations, strategy, and leadership analytics requests.
• Required: Advanced degree in STEM field or equivalent experience.

SUPERVISORY RESPONSIBILITIES:

None

MINIMUM KNOWLEDGE SKILLS, AND ABILITIES REQUIRED:

• Advanced degree in quantitative analytics, economics, statistics, engineering, or a related area.
• In lieu of advanced degree, equivalent work/fraud experience
• 5-10 years of experience
• 2-4 years of management experience and evidence of leadership
• 4-8 years experience with one of the following programing languages: SAS, R, and/or Python (experience via coursework acceptable)
• 4-8 years experience in statistical/econometric modeling and database management
• 4-8 years of proficiency with SAS (including statistical modeling), and SQL
• Critical thinking skills (frame a problem, test a hypothesis, implement solutions)
• Strong verbal and written communication skills
• Strong analytical skills
• Ability to present a professional image
• Ability to work in a team environment
• Ability to multi-task and to be flexible
• Experience with Microsoft office products, such as Word, Excel, PowerPoint and Outlook is necessary

This is a remote role that can sit anywhere in the U.S.

Senior Quantitative Manager (New Account Screening) - Remote

Total Base Pay Range 121,900.00 - 262,100.00 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 consu