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GENERAL FUNCTION
- Responsible for timely completion of administrative account reviews within investment management and trust to ensure Fifth Third’s compliance with internal policies and regulatory/legal requirements. The Fiduciary Account Specialist identifies exceptions and validates exception mitigation.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Perform Investment Management &Trust account reviews as assigned to ensure timely completion. Reviews may include investment management, IRA, trust, foundation and guardianship account reviews.
- Review account documentation to validate compliance with internal requirements.
- Review account set-up and activity is aligned with underlying governing document, internal procedures as well as legal and regulatory compliance.
- Partner with client teams to ensure appropriate steps have been taken to eliminate, mitigate and/or escalate exceptions.
- Escalate items of risk and identify trends in account reviews.
- Assists in the education, communication and reinforcement of fiduciary policies and regulations.
- Participate in periodic discussions and reviews with Business Controls, Compliance and Audit to improve and update processes and procedures.
- Performs a variety of special projects and other duties as assigned.
- 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.
MINIMUM KNOWLEDGE, SKILLS AND ABILITES REQUIRED:
- Bachelor’s degree preferred; willingness to work toward professional certifications required (CTFA and others).
- 3-5 years fiduciary administrative advisory/support experience.
- Knowledge of or ability to quickly learn fiduciary account types and structures, legal and regulatory standards, and internal policies and procedures.
- Strong organizational, oral and written communication skills.
- Time management skills.
- Ability to make decisions and evaluate risk remediation activities.
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 45202Attention 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
- Willingness to work toward professional certifications (CTFA and others)
- 3-5 years fiduciary administrative advisory/support experience
- Knowledge of fiduciary account types, structures, legal and regulatory standards, and internal policies
- Strong organizational, oral and written communication skills
- Time management skills
- Ability to make decisions and evaluate risk remediation activities
- Bachelor's degree
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
At Fifth Third Bank, we are always listening to new ideas so that we can strengthen our commitment to you and the communities we serve.
