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:
Fifth Third's Financial Risk Management (FRM) business is comprised of three separate but coordinated asset classes: interest rates, foreign currencies and commodities. The mission of FRM is to be the premium provider of risk management solutions for middle market and mid-corporate companies. This being accomplished by building a best in class trading platform that delivers insights and solutions that our customers need and value.
The Director is a leadership role in FRM that supports the Managing Director in the execution of general business functions with responsibilities in identifying sales opportunities and delivering appropriate risk management solutions.
He or she will take a leadership role in structuring, executing and managing complex risk management solutions. The role will assist the Managing Director in driving and developing business partnerships through the relationship management of internal Fifth Third partners and prospective clients. This role will report directly into the Managing Director and will lead principals and associates in the responsibilities listed below.
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:
Business Development
Create and maintain a dynamic client portfolio review processDevelop a semi-annual process across the client base to identify and elevate strategic clients and reallocate "low-touch" clients to EFX and or junior salespeople for further follow up and coverageThe behavior will be measured by increased production levels at both the strategic and low touch client level, with the latter calling for and allowing Junior Salespeople to develop account management skills and increased client engagement.Develop and maintain relationships with internal partners and external clients focused on the delivery of risk mitigation alternatives appropriate for the management of our customers' business objectives.Work as part of a team with the Relationship Managers, Credit, Investment Bankers and other Capital Market partners to deliver comprehensive solutions that our clients need and value.Help to create, manage and prioritize a pipeline of opportunities.Provide leadership in the evaluation and prioritization for the execution of capital markets transactions crossing multiple product lines.Engagement/Delivery
Create and deliver high value added financial analysis and strategic alternatives to the targeted universe of high priority prospects and clients.Support the development and implementation of a comprehensive and broad-based customer communication strategy.Provide leadership around the creation and delivery of customized presentation materials and related communications.Establish and maintain positive and collaborative work relationships to ensure an efficient workflow.Compliance and Risk Management
Oversee the presentation, analysis and execution of any trade eligible solutions in accordance with bank guidelines (forecasts, swaps, caps, collars, etc.).Maintain regulatory compliance at all times and at all levels within the organization.Interface with internal and external oversight managers to enhance and improve risk management.Supervisory Responsibilities
Actively support and drive general FRM strategic initiatives.Create and sustain a positive and supportive team environment through words and deeds.Ensure that the people strategy and organizational capabilities are aligned to the overall business strategy.Work with senior FRM management to engage Senior Commercial Bankers, Team Leads, Investment Bankers and other members of the Commercial leadership team to provide training around the effort to identify and address major capital markets opportunities in coverage areas.Develop and mentor team members through timely and candid feedback regarding performance, career growth, opportunities, etc.Actively engage in new employee and graduate recruitment, training and other related human-capital related processes.MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
10+ years of experience in Capital Markets with a specific concentration in the structuring and execution of market risk management solutions.Strong working knowledge of debt underwriting/DCM, industry, competitive and regulatory function/requirements.Proven track record of success in working as a part of a team to originate, and close complex financial transactions.Leadership experience and history of involvement in key decisions around a growing financial services business.Excellent presentation skills, both oral and written.Strong mentoring and leadership skills.MBA, CPA CFA or the functional equivalent preferred.At Fifth Third Bank, we understand the importance of rewarding our employees for their hard work and dedication, therefore, our Total Rewards offering includes a differentiated compensation package and comprehensive benefits.
Benefits:
Our benefits programs are designed to support the health, happiness, and financial well-being of our employees and their families. Your benefits will include access to comprehensive medical, dental, and vision coverage, a 401(k) plan and employee stock purchase plan that both offer a generous employer match, flexible paid time off, comprehensive leave programs, and unique benefits to support your overall mental and physical wellness. For additional details, please contact your recruiter.
Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. More information can be obtained upon request.
Director, Commodity Derivatives SalesCompensation for this position is largely incentive-based. Incentives are combined with either a base salary or a draw, resulting in total cash compensation. More information can be obtained upon request.LOCATION -- Cincinnati, Ohio 45202Fifth 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.