Fifth Third Bank

Commercial Relationship Manager

Chicago, Illinois, United States

$60,000 – $90,000Compensation
Mid-level (3 to 4 years), Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BankingIndustries

Requirements

Candidates should possess a Bachelor’s degree in Business Administration, Finance, or a related field, and have a minimum of 5 years of experience in commercial banking or a related sales role. Strong knowledge of credit analysis, financial statement analysis, and commercial products is essential, along with the ability to lead and coordinate with internal partners.

Responsibilities

The Commercial Relationship Manager will be responsible for profitable business development, monitoring an existing portfolio of companies with annual gross sales of at least $10 million, and focusing on higher revenue clients (at least $20 million). They will develop and implement business plans, cultivate new client relationships through centers of influence and referral sources, and work closely with internal partners to deepen existing relationships. This role also involves attending industry forums, collaborating with product partners to develop tailored strategies, meeting with clients regularly, and utilizing CRM systems for tracking and reporting.

Skills

Credit Analysis
Financial Statement Analysis
Commercial Banking
Sales
CRM Systems
Business Development
Client Relationship Management
Strategic Planning

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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