Capital, Resolution & Recovery Analyst at Fifth Third Bank

Cincinnati, Ohio, United States

Fifth Third Bank Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
NoVisa
BankingIndustries

Requirements

  • Bachelor’s degree in finance, Economics, Business Administration, or a related field
  • Minimum of 2-3 years of experience in capital planning, resolution planning, recovery planning, or a related field within the financial services industry
  • Basic understanding of regulatory requirements and guidelines related to capital, resolution, and recovery planning
  • Strong analytical, problem-solving, and communication skills
  • Proficiency in financial modeling and data analysis tools
  • Ability to work collaboratively in a team environment and manage multiple tasks
  • Exposure to working on projects with strong attention to detail and accuracy

Responsibilities

  • Assist in the preparation and maintenance of capital plans in line with regulatory standards
  • Support stress testing and scenario analysis to evaluate capital adequacy
  • Collaborate with finance and risk management teams to gather data and insights for capital planning
  • Contribute to the preparation and updating of resolution plans to ensure orderly resolution during financial crises
  • Collect and organize information from various departments for resolution planning
  • Assist in liaising with regulatory bodies to ensure compliance with resolution planning requirements
  • Help develop and implement recovery plans to restore financial stability during periods of stress
  • Identify and evaluate potential recovery options and strategies
  • Monitor and report on the effectiveness of recovery plans
  • Identify and assess risks related to capital, resolution, and recovery planning
  • Stay informed about regulatory changes and industry best practices
  • Provide support in developing risk mitigation strategies and recommendations

Skills

Capital Planning
Stress Testing
Scenario Analysis
Resolution Planning
Recovery Planning
Risk Management

Fifth Third Bank

Provides banking, loans, and wealth management services

About Fifth Third Bank

Fifth Third Bank offers a variety of financial services, including personal and business banking, loans, mortgages, credit lines, and insurance products. Their services cater to individual consumers, small businesses, and commercial clients, providing comprehensive solutions for managing finances. The bank generates revenue through interest on loans, service fees, and commissions from insurance and investment products. Unlike many competitors, Fifth Third Bank emphasizes community engagement and financial education, providing resources to help clients improve their financial literacy. The goal of Fifth Third Bank is to support clients in achieving their financial objectives while fostering a strong connection with the communities they serve.

Cincinnati, OhioHeadquarters
1858Year Founded
IPOCompany Stage
Social Impact, Financial ServicesIndustries
10,001+Employees

Benefits

Health Insurance
Paid Sick Leave
Paid Holidays
Performance Bonus
Flexible Work Hours

Risks

Rising interest rates may decrease demand for loans and mortgages.
Competition from fintechs like Robinhood threatens Fifth Third's wealth management sector.
Sophisticated cybersecurity threats pose risks to customer data and trust.

Differentiation

Fifth Third Bank offers comprehensive financial solutions for individuals and businesses.
The bank emphasizes community engagement and financial education for client empowerment.
It provides a wide range of insurance products, including life, health, and disability.

Upsides

Increased demand for digital banking boosts Fifth Third Bank's online service offerings.
Partnerships with fintech enhance technological capabilities and customer experience.
Growing interest in sustainable finance attracts environmentally conscious customers.

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