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Capital Planning Analyst I

Fifth Third Bank
United States, Ohio, Cincinnati
June 13, 2023

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GENERAL FUNCTION:

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. Emerging as a financial leader to all Fifth Third Bancorp lines of business, this role will assist in the coordination of Fifth Third's capital planning processes. Focus on providing value-added analysis and process improvement recommendations to support Capital Planning, as well as quality assurance and business controls support.

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:

  • Understands the identification of key business factors (both internal and external) that impact capital planning processes. Maintains an up-to-date knowledge base to keep current on existing and emerging industry issues.
  • Collection, aggregation, and analysis of forecasted financials and supporting documentation from the across the Bancorp.
  • Plays a key role in documentation of financial plans and analysis in a format appropriate for meetings with senior management. Evaluates and improves design of reports and processes to ensure that analytical tools evolve as business changes.
  • Performs maintenance on existing schedules and reports for changes to information.
  • Prepares and analyzes reports for all lines of business and affiliates. Investigates and documents unusual items.
  • Develops trend analyses and other quantitative reports to determine business trends.
  • Establishes, fosters and maintains working relationships with Finance, Risk and LOB personnel contributing to execution of enterprise-wide capital planning activities.
  • Will 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.
  • Participates in complex process improvement initiatives to drive consistency & sustainability within capital planning.
  • Provide guidance to stress test participants in updating/maintaining control documentation, including process flows, approval templates, & policy/procedural documentation.
  • Responsible for verifying and documenting compliance with risk management/control framework supporting relevant aspects of Fifth Third's Capital Planning Process.
  • Seeks opportunities to enhance CAP, and is an active participant in process improvement and problem resolution issues.
  • Develops recommendations and action plans to support growth and eliminate or mitigate observed risks.
  • Attends meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Bachelor's degree required. MBA or CPA preferred. Knowledge of GAAP strongly desired.
  • Typically requires minimum of five years of accounting or finance related experience in industry or public accounting.
  • Should have a breadth of knowledge and experience in multiple lines of business within Bancorp.
  • 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.

WORKING CONDITIONS:

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

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Capital Planning Analyst I LOCATION -- Cincinnati, Ohio 45202

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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