Senior Regulatory Financial Analyst

Fifth Third Bank; Frisco (TX); On-site; USD 90,000 - 120,000; Full time

Job summary

Fifth Third Bank seeks a Senior Regulatory Financial Analyst in Frisco, TX to execute complex financial analyses for regulatory filings and lead reporting initiatives across the bank.

Requires a Bachelor's degree; MBA or CPA preferred, with 5–7 years in accounting/finance, and strong GAAP knowledge. Excellent analytical and communication abilities are essential to interact with diverse teams and regulators.

Qualifications

• Bachelor's degree required; MBA or CPA preferred.
• 5-7 years of accounting, finance, or banking experience.
• Thorough knowledge of GAAP strongly desired.
• Excellent analytical, verbal and written communication skills.
• Proficiency with MS-Windows and ability to learn mainframe applications and data analysis tools.

Responsibilities

• Understand and lead peers in identifying key business factors impacting Regulatory Reporting.
• Maintain up-to-date knowledge on issues; apply to sustain regulatory reporting compliance.
• Develop recommendations and action plans to improve financial disclosures and processes.
• Monitor policies and procedures for compliance with regulatory requirements.
• Prepare complex regulatory disclosures and analyses.
• Document and improve report designs to evolve with requirements.
• Establish relationships with peers, management, and regulatory agencies.

Skills

GAAP knowledge

Analytical skills

Communication skills

Teamwork

Mainframe systems

Education

Bachelor's degree

MBA or CPA preferred

Tools

MS-Windows

Mainframe applications

Automated data analysis tools

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.

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

Responsible for the execution of highly complex financial analysis associated with the completion of Agency required Regulatory Reports. Represent Regulatory Reporting in various accounting and finance initiatives. Serve as a financial leader to Fifth Third Bancorp lines of business and Regulatory Agencies to meet the information needs to sustain Regulatory Reporting Compliance. Leads the education and development of less experienced staff. 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

• Understand and lead peers 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.
• Monitor Regulatory Reporting policies and procedures for compliance with Agency issued reporting requirements.
• 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 more complex disclosures and analysis.
• 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.
• Establish, foster and maintain working relationships with peers and management within the affiliates and all lines of business as well as the Regulatory Agencies.
• Serve as the division leader to lines of business regarding conversions of application systems and complex reporting needs.
• Attend meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas.
• Be an active participant in process improvement and problem resolution issues.
• Maintain a good rapport with various Regulatory Agencies.
• Assist management with the development and maintenance of data systems designed to track, record and report financial information needed for Regulatory Report preparation.
• Provide training and guidance to less experienced staff.
• Works with staff to achieve department objectives.
• Develops cross training programs and ensures the sharing of knowledge is achieved.
• Recruits, develops and exports talent.

Supervisory Responsibilities

Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees accomplishments.

Minimum Knowledge, Skills And Abilities Required

• Bachelor's degree required. MBA or CPA preferred. Thorough knowledge of GAAP strongly desired.
• 5 - 7 years of accounting, finance, or banking related experience in industry or public accounting.
• Computer/Technical: Proficient with MS-Windows and other related PC applications. Possess the desire and ability to learn mainframe applications, and automated data analysis tools and techniques.
• This position requires 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.

Senior 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

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.