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GENERAL FUNCTION:
The Business Strategy Optimization Analyst uses various analytical frameworks and modeling techniques (including decisions trees, logistic and linear regression, machine learning) to generate insights and strategies that drive the bottom-line profitability of various banking products and customers. The role requires an understanding of the intersection of consumer behavior, business drivers and data-driven decision-making to solve problems and influence business strategy. The Business Strategy & Optimization Analyst will provide recommendations that could impact product design, pricing, segmentation and marketing, credit, fulfillment and customer experience.
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.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Gather and prepare complex data for modeling and analysis
- Develop and execute models, segmentation and policy in market
- Project business impacts and monitor and track against the commitments
- Create and present convincing business cases to support recommendations
- Design tests to generate insights and improve understanding of our customers
- Effectively lead project teams in a highly matrixed environment
- Communicate effectively with senior leadership
- Perform adhoc portfolio analysis in a fast paced and dynamic business environment
MINIMUM KNOWLEDGE, SKILLS & ABILTIES
- Bachelor's degree in quantitative discipline (e.g. science, technology, engineering, math, or economics).
- Minimum 3 years of demonstrated analytical experience.
- Experience in data mining and analysis using SAS or SQL, Python, R and ML
- Experience with quantitative marketing and market research techniques
- Ability to develop and design tests that are statistically grounded
- Demonstrated management, leadership and interpersonal skills
- Strong product management, design and development skills
- Excellent verbal and written communication skills
At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- Cincinnati, Ohio 45227Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
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.
Skills Required
- Bachelor's degree in quantitative discipline
- Minimum 3 years of demonstrated analytical experience
- Experience in data mining and analysis using SAS or SQL, Python, R and ML
- Ability to develop and design tests that are statistically grounded
- Demonstrated management, leadership and interpersonal skills
Fifth Third Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fifth Third Bank and has not been reviewed or approved by Fifth Third Bank.
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Retirement Support — A 401(k) company match, an employee stock purchase plan, and financial coaching are included. These offerings are characterized as a strong pillar of the overall package.
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Leave & Time Off Breadth — Paid time off, holidays, sick time, paid volunteer hours, and time for medical appointments are provided, with accrual increasing with tenure. Generous PTO and leave options are presented as standout elements.
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Parental & Family Support — Paid parental bonding leave and adoption assistance are offered, with additional family supports referenced. These benefits strengthen the package for employees with caregiving needs.
Fifth Third Bank Insights
What We Do
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