Summer 2027 Interns Equipment Finance

Fifth Third

Chicago (IL)

On-site

USD 44,000 - 68,000

Full time

7 days ago
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Job summary

Fifth Third Bank is offering Summer 2027 Interns - Equipment Finance in Cincinnati, OH. The program supports the origination, administration and closing of lease and loan transactions, with exposure to the Equipment Finance Group’s teams.

The role requires pursuing a Bachelor’s degree with a strong financial/business background, a 3.3+ GPA, and solid financial analysis and modeling skills. Authorization to work in the U.S. without sponsorship is required.

Qualifications

  • Pursuing Bachelor’s degree with strong financial or business background.
  • Graduation date between December 2027 - May 2028 ONLY.
  • Minimum 3.3 GPA required.
  • Excellent presentation skills, both oral and written.
  • Strong analytical skills and an interest in financial analysis, corporate finance and financial markets.
  • Good working knowledge of financial modeling and valuation.
  • Exceptional verbal and written communication skills.
  • Ability to draw conclusions based on financial data.
  • Process orientation and attention to detail.

Responsibilities

  • Perform complex analytical support functions for the Equipment Finance Group.
  • Support origination, transaction management and coverage for clients and sponsors.
  • Prepare pitch materials and market updates for client meetings.
  • Coordinate with EF RMs and Syndications in underwriting, credit analysis and due diligence.
  • Develop understanding of equipment finance market, pricing targets and policies.

Skills

Analytical skills
Presentation skills
Financial modeling
Financial analysis
Attention to detail

Education

Bachelor’s degree in finance or business

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.

What You’ll Do

Performs a wide range of complex analytical support functions. Apply analytical skills to provide high quality work products to support efforts of the Equipment Finance Group.

The Equipment Finance group is primarily responsible for supporting the sales process and gaining exposure to and knowledge of Equipment Finance relationship managers, pricing teams, portfolio managers, equipment managers, tax personnel, closing specialists, and funding/documentation/onboarding teams in all matters related to the origination, administration, and closing of new lease and loan transactions.

ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Ability to find, research and assess financial information
  • Develop a broad functional understanding and working knowledge of the Equipment Finance Originations and Syndications market, the business unit’s capabilities, target market, risk appetite, pricing targets and policies/procedures
  • Support day-to-day coverage, origination, and transaction management responsibilities for existing and prospective clients including covered Sponsors
  • Develop familiarity with broad economic and market trends
  • Provides support to the Equipment Finance Relationship Managers (“EF RMs”) and Syndications team in the coordination, formulation, evaluation and submission of opportunity memos, deal screens, credit submittals, Rapport applications, preparation of Offering Memorandums, and assisting in underwriting, credit analysis, and due diligence
  • Preparation of pitch materials and market updates for client meetings
  • Work with EFG group, in addition to other corporate banking groups on deal team presentationsApply knowledge of credit analysis, asset-based lending and capital markets activity
Required Knowledge and Skills
  • Pursuing Bachelor’s degree with strong financial or business background
  • Graduation date between December 2027 - May 2028 ONLY
  • Minimum 3.3 GPA required
  • Excellent presentation skills, both oral and written
  • Strong analytical skills and an interest in financial analysis, corporate finance and financial markets
  • Good working knowledge of financial modeling and valuation
  • Exceptional verbal and written communication skills.
  • Ability to draw conclusions based on financial data
  • Process orientation and attention to detail

Candidates must be authorized to work in the U.S. without the need for employment-based immigration sponsorship now or in the future.

Compensation:

We offer a competitive base salary that is reflective of the range of salary levels for all roles within this pay grade across the US. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.

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.

#earlycareers #onebanksummerexperience

Summer 2027 Interns - Equipment Finance

Total Base Pay Range 43,680.00 - 67,700.00 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.

LOCATION -- Cincinnati, Ohio 45202

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.

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