Fifth Third Bank

Institutional Support Representative

Posted on: 14 Apr 2021

Cincinnati, OH

Job Description

Make banking a Fifth Third better

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION: Under moderate supervision, assists Fifth Third Securities Institutional Investment Executives, Fixed Income Traders, Equity Traders, and customers with all operational aspects of their business, including customer on boarding, maintenance, cashiering processes, report monitoring, and projects as required.

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.

PRIMARY DUTIES & RESPONSIBILITIES:

* Accurately and timely processing of large Commercial client money movement requests.
* Review new Institutional applications and following up with Investment Executive and/or Inst. Sales Client Services Specialist to resolve discrepancies.
* Open accounts accurately and maintain documentation. Monitor money line, debit balance, and trade break reports daily.
* Monitor daily trade settlement reports and work in coordination with multiple delivery departments at NFS to ensure accurate DVP/RVP functionality.
* Monitor / work Institutional debit balance report and daily account opening / processing statistic reports.
* Entering / monitoring fund strike times, trading calendar schedules in CASHEMATRIX system.
* Oversee and execute the administration of onboarding and access granting of customers within the Capital Markets' Money Market Portal program.
* Arrange and monitor customer's specific settlement instruction requests for trades placed.
* Assist manager in compliance-related issues with regard to fixed income products, as well as internal/external audits.
* Perform all other duties as assigned.

SUPERVISORY RESPONSIBILITIES: None.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

* Undergraduate degree or equivalent experience required.
* Securities Industry Essentials (SIE) Series 7 and 63/66 licenses required.
* Knowledge of fixed income, equity, and mutual fund trading.
* Ability to service both Investment Executives and clients of Fifth Third Securities in a professional and accurate manner.
* Ability to work in a stressful environment, meet deadlines, and service accounts with high attention to detail.
* Problem-solving abilities and critical thinking skills.
* Ability to multi-task.
* Excellent oral and written communication skills.
* Strong math and organizational skills.
* Proficiency in MS Word and Excel.
* Working knowledge of trading systems preferred. Including web based and mainframe based systems.
* Understanding of quote systems and Bloomberg information services.

Institutional Support Representative

LOCATION -- Cincinnati, Ohio 45227

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.

Fifth Third Bank

Cincinnati, OH

Fifth Third Bank is one of the top-performing banks in the country, with a history that spans more than 150 years. We’ve staked our claim on looking at things differently to make banking a Fifth Third better. This applies to our relationships with customers and employees alike.

We employ about 18,000 people while offering:
• A chance for employees to build their future, with supportive career development and comprehensive health and financial wellness programs.
• An environment where we win together by celebrating achievements and working collaboratively.
• An opportunity to make a difference in a positive and lasting way. Everything we do is geared toward improving lives.

We’re proud that Fifth Third is a warm and caring place to grow – as a customer and as a team member

Everyone matters. Everyone counts.

Respect & Inclusion are among our Core Values. A powerful foundation for all we do, these values speak to the very heart of embracing diversity. Personal beliefs, perspectives and needs matter…and are heard. When everyone is valued, we’re stronger as partners on our journey together. Here inclusion means actively seeking and welcoming diversity. To foster the engagement of all employees, we support dedicated employee business resource groups and inclusion councils that infuse our culture with respect and inclusiveness.

Understanding our customers — and each other.

Our Core Values guide us and are woven into the fabric of everything we do. They bring us together for a common purpose: To provide the very best experience for our customers. Team members embrace these values and find inspiring ways of incorporating them into their work every day. We’re also constantly asking questions and actively listening so that we can better understand the needs of every customer—and each other.

 

  • Industry
    Banking/Financial Services
  • No. of Employees
    18,125+
  • Jobs Posted
    1373