Capital Planning Analyst III

About the role

This position is responsible for the execution of complex financial analysis and business improvement in support of capital adequacy processes, including Comprehensive Capital Analysis & Review (CCAR), and enterprise-wide stress testing. The role serves as a financial leader to all Fifth Third Bancorp lines of business, assisting in the coordination of capital planning processes. It focuses on providing value-added analysis, process improvement recommendations, quality assurance, and business controls support for Capital Planning.

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, ensuring 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.

Responsibilities

• Understand the identification of key business factors (both internal and external) that impact capital planning processes.
• Maintain an up-to-date knowledge base to keep current on existing and emerging industry issues.
• Collect, aggregate, and analyze forecasted financials and supporting documentation from across the Bancorp.
• Play a key role in documenting financial plans and analysis in a format appropriate for meetings with senior management.
• Evaluate and improve the design of reports and processes to ensure analytical tools evolve as business changes.
• Perform maintenance on existing schedules and reports for changes to information.
• Prepare and analyze reports for all lines of business and affiliates; investigate and document unusual items.
• Develop trend analyses and other quantitative reports to determine business trends.
• Establish, foster, and maintain working relationships with Finance, Risk, and LOB personnel contributing to execution of enterprise-wide capital planning activities.
• Work closely with line of business participants and other CCAR central process teams to improve the overall control environment of the capital planning process and drive consistency and sustainability.
• Participate in complex process improvement initiatives to drive consistency and sustainability within capital planning.
• Provide guidance to stress test participants in updating/maintaining control documentation, including process flows, approval templates, and policy/procedural documentation.
• Verify and document compliance with the risk management/control framework supporting relevant aspects of Fifth Third's Capital Planning Process.
• Seek opportunities to enhance CAP and actively participate in process improvement and problem resolution issues.
• Develop recommendations and action plans to support growth and eliminate or mitigate observed risks.
• Attend meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas.

Requirements

• Bachelor's degree required; MBA, CFA, or CPA preferred.
• Knowledge of GAAP strongly desired.
• Minimum of five years of accounting or finance-related experience in industry or public accounting.
• Breadth of knowledge and experience in multiple lines of business within Bancorp.
• Proficient with MS-Windows and other related PC applications.
• Desire and ability to learn mainframe applications and automated data analysis tools and techniques.
• Excellent analytical, verbal, and written communication skills necessary to interact with personnel ranging from clerical staff to 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.

Working Conditions

Normal office environment with little exposure to dust, noise, temperature, and the like. Extended viewing of a CRT screen.

Benefits

Fifth Third offers comprehensive benefits and differentiated compensation, including:

• Base salary reflective of the range for this pay grade across the U.S., with individual salaries varying based on role, skillset, experience, education, and geographic location.
• Eligibility to participate in an incentive compensation plan, with payments based on company, line of business, and/or individual performance.
• Extensive benefits programs designed to support physical, financial, emotional, and social well-being for employees and their families.

For more details, visit the Fifth Third Careers benefits page.

Location

Cincinnati, Ohio 45202