Note: The job is a remote job and is open to candidates in USA. Fifth Third Bank is a banking institution seeking a Capital Planning Analyst I to support enterprise-wide capital adequacy, Comprehensive Capital Analysis & Review (CCAR), and stress-testing processes. The role analyzes financial forecasts, maintains reports and schedules, supports risk controls and documentation, and recommends process improvements across lines of business.
Responsibilities
- Understands the identification of key business factors (both internal and external) that impact capital planning processes. Maintains an up-to-date knowledge base to keep current on existing and emerging industry issues
- Collection, aggregation, and analysis of forecasted financials and supporting documentation from the across the Bancorp
- Provides documentation of financial plans and analysis in a format appropriate for meetings with senior management. Evaluates and improves design of reports and processes to ensure that analytical tools evolve as business changes
- Performs maintenance on existing schedules and reports for changes to information
- Prepares and analyzes reports for all lines of business and affiliates. Investigates and documents unusual items
- Establishes, fosters and maintains working relationships with Finance, Risk and LOB personnel contributing to execution of enterprise-wide capital planning activities
- Works closely with line of business participants and other CCAR central process teams to improve the overall control environment of the capital planning process and drive consistency and sustainability
- Supports process improvement initiatives to drive consistency & sustainability within capital planning
- Assists with providing guidance to stress test participants in updating/maintaining control documentation, including process flows, approval templates, & policy/procedural documentation
- Responsible for verifying and documenting compliance with risk management/control framework supporting relevant aspects of Fifth Third's Capital Planning Process
- Seeks opportunities to enhance Capital Adequacy Process and is an active participant in process improvement and problem resolution issues
- Provides recommendations and action plans to support growth and eliminate or mitigate observed risks
- Attends meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas
Skills
- Bachelor's degree required
- Typically requires zero to two years of accounting or finance related experience in industry or public accounting
- Proficient with MS-Windows and other related PC applications
- Possess the desire and ability to learn automated data analysis tools and techniques
- This position requires excellent analytical, verbal and written communication skills necessary to interact with personnel ranging from analysts to more senior management
- Demonstrated proficiency in performance measurement tools and technology
- Ability to work both individually and as a member of a team
- Ability to maintain professional composure in a dynamic work environment that often requires management/completion of multiple tasks
- Demonstrate sound judgment as well as apply logical/critical thought processes
- Normal office environment with little exposure to dust, noise, temperature and the like
- MBA, CFA or CPA preferred
- Knowledge of GAAP strongly desired
Benefits
- 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.
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