Fifth Third Bank→
Capital Planning Analyst I at Fifth Third Bank in Frisco, TX
Entry LevelOn-siteFull-timeFrisco, TX
Skills
financial analysiscapital planningrisk managementgaap knowledgedata analysis toolsanalytical skillsproblem resolution
Job Description
Summary: Fifth Third Bank is a financial institution that connects great people to great opportunities. The Capital Planning Analyst I will assist in financial analysis and business improvement to support capital adequacy processes, focusing on providing value-added analysis and process improvement recommendations.
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
- Provides 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
- Establishes, fosters and maintains working relationships with Finance, Risk and LOB personnel contributing to execution of enterprise-wide capital planning activities
- Works 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
- Supports process improvement initiatives to drive consistency & sustainability within capital planning
- Assists with providing 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 Capital Adequacy Process and is an active participant in process improvement and problem resolution issues
- Provides 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
Required Qualifications:
- Bachelor's degree required
- Typically requires zero to two years of accounting or finance related experience in industry or public accounting
- Proficient with MS-Windows and other related PC applications
- Possess the desire and ability to learn automated data analysis tools and techniques
- This position requires excellent analytical, verbal and written communication skills necessary to interact with personnel ranging from analysts 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
Preferred Qualifications:
- MBA, CFA or CPA preferred
- Knowledge of GAAP strongly desired
Required Skills: Financial analysis, Capital planning, Risk management
Important Skills: GAAP knowledge, Data analysis tools
Nice-to-Have Skills: Analytical skills, Problem resolution
Benefits: Comprehensive benefits, Differentiated compensation offerings, Incentive compensation plan
Benefits
Comprehensive benefits
Differentiated compensation offerings
Incentive compensation plan