Fifth Third Bank Sr. Risk Reporting Analyst. in CINCINNATI, Ohio
Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. As The curious bank, we've staked our claim on looking at things differently, at being better listeners and at showing more commitment. This applies to our relationships with customers and employees alike.
We employ about 19,000 people, and what we offer is:
A chance for employees to build their future, with supportive career development and financial wellness programs.
An environment where we win together. We celebrate achievement and work collaboratively. We're also a two-time Gallup Great Workplace honoree.
An invitation to impact lives in a positive and lasting way. Everything we do is geared toward improving lives. That's fun and exciting.
It comes down to the fact that Fifth Third is a warm and caring place to with which to grow # as a customer or as a team member.
Enterprise Risk Management (ERM) is the process of identifying, quantifying and managing the risks that an organization faces while applying it to the overall Bank Strategy. While it is impossible to remove all risk from the organization effective risk management requires a strong risk culture and risk governance. Risk culture is the system of values and behaviors within the organization that shapes the day-to-day decisions that we all make. Developing a risk culture is a continuous process # it is consistent with, and builds upon, our Core Values, Leadership Competencies, and Code of Business Conduct and Ethics in that it is based on a common understanding that managing risk is everyone's responsibility and creates an environment that encourages the open exchange of ideas, willingness to elevate concerns, and a commitment to "doing the right thing." As such, risk culture is a critical element of the Bank's risk management efforts.
Reporting on and analysis of the Bancorp's risk profile for commercial, consumer and residential credit.
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.
DUTIES & RESPONSIBILITIES:
- Report and analyze risk characteristics of the business lines for credit and counter-party risk.
Prepare and distribute weekly and monthly risk management reports including trend analysis, portfolio management and rating migration reports.
Catalog and identify existing reports presented to the board and identify key risk indicators for meaningful aggregate level reporting.
Include qualitative assessment / analysis of portfolio changes.
Document, evaluate, and improve the design of reports in existence.
Improve access to and quality of data used.
Incorporate external macro- economic variables into reporting and analysis.
Support economic analysis.
Support credit scoring and empirical models to monitor and measure credit risk.
Proficient with various in- house transaction systems.
Proficient (power user) for Business Objects and Hyperion.
Support the development of data-mart and data models for improved transparency.
Support future initiatives to produce customer level RAROC reporting.
Interact with LOBs to help provide additional reporting and insight as needed.
Assume additional responsibilities as required to fulfill departmental goals.
Present reporting results to executive management to facilitate increasing shareholder value.
2. Risk Management Improvements:
Assist in risk management projects to help better calibrate risk models and parameters.
Provide input and support to ensure data quality in Enterprise Data Warehouse / Data Steward.
- Other projects and tasks as assigned by the Manager of Risk Strategies and Reporting.
Fifth Third Bank 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.
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
Education - Business Administration, Accounting or Finance undergraduate degree required. Advanced degree preferred.
Experience - Minimum of 5 years of related work experience within the financial industry.
Computer Skills - Microsoft office products with strong Excel and Access skills. Demonstrated ability to utilize various applications and business intelligence/database tools: Business Objects, Discoverer, Hyperion.
Preferred Attributes -Three years of system reporting experience. Excellent analytical, verbal, and written