Job Description

Make banking a Fifth Third better

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GENERAL FUNCTION:

Incumbents at this level may manage a team, product or process with a large amount of independence. Typically referred to as technical expert and known internally and externally as a reliable, knowledgeable resource. Designs and executes model development plans and procedures and may also be responsible for various projects to improve efficiencies. Individual at this level has outstanding modeling background and a clear understanding of the firm's different businesses.

From communication perspective, this position will interact directly with cross-functional teams such as Reporting, Scoring System Implementations, Operations, and Audit.

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, ensures that actions and behaviors drive a positive customer and team 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:

* This person will provide quantitative support throughout the Risk division. This will include leading the development, implementation, documentation and monitoring of quantitative models including those used for expected credit loss estimation, and related components such as PD, LGD, EAD, prepayment, etc.
* Provide ongoing support for the development, implementation and validation of quantitative and statistical models and tools as well as back testing models to support respective LOBs.
* Will also have responsibility for ad-hoc reporting requests for quantitative modeling and ACL estimation.

SUPERVISORY RESPONSIBILITIES:

* May manage a team, product or process within a specific quantitative area, or serve as a technical expert without management responsibilities. Considered a key advisor on significant business/product decisions.

MINIMUM KNOWLEDGE SKILLS, AND ABILITIES REQUIRED:

* Advanced degree in quantitative analytics, economics, finance, statistics, mathematics, engineering, or a related area.
* Minimum 8-10 years experience in statistical/econometric modeling
* Experience with programming languages commonly used for quantitative modeling, such as SAS, R, Python or Matlab is required.
* Hands-on experience with machine-learning and artificial intelligence approaches is preferred.
* Database experience using SQL-based databases.
* Strong analytical, verbal and written communication skills.
* Ability to present a professional image.
* Ability to work in a team environment, to multi-task and be flexible.
* Experience with Microsoft office products, such as Word, Excel, PowerPoint and Outlook is necessary.
* Prior management experience and evidence of leadership is a plus.
* Must have a good understanding of both CECL and Basel II frameworks.
* Experience in a cross- functional environment working with portfolio management concepts and constructing and explaining risk models is essential.

LI-GM1

CECL Quantitative Modeling Manager

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.