Director ALM & Treasury Analytics

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GENERAL FUNCTION:

The Director of ALM & Treasury Analytics will develop a comprehensive approach to analyze the Bank's balance sheet activities, including investment securities, lending products, deposit products, wholesale funding activities, and Mortgage Servicing Rights, to enhance Treasury Department's strategic and tactical initiatives to optimize balance sheet composition. Areas of focus will include non-maturity transactional deposit accounts, loans with borrower option profiles, funds transfer pricing, optimal loan pricing strategies and reconciliation of margin targets, MSR valuation and risk profile and RAROC applications. In addition, this position will be responsible for the PPNR and ALM modeling for the Bank's quarterly stress test applications. This role is viewed as a critical source of insight into the Bank's profitability and growth initiatives as it will act as a liaison between the Treasury Department and all lines of businesses and affiliates combining the Treasury Department's traditional focus on market developments and each LOB's product and market focus. This position will ensure decisions and strategies around pricing and balance sheet initiatives.

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 & RESPONSIBILITIES:

• Overall understanding of the Bank's strategic and tactical goals and targets related to rate of return on equity, rate of return on assets, interest rate risk management within the context of current and alternative market environments.
• Effective communication program with LOBs to provide timely and actionable support utilizing Treasury Department's traditional focus on up-to-date market knowledge.
• Loan and deposit product analytics, including enhanced focus on behavioral expectations of optionality in loan and deposit products in alternative economic environments.
• Support ad-hoc Line of business requests for quantitative modeling and pricing.
• Evaluate profitability/return impact of new business/products.
• Provide support to other groups within Treasury to support strategic and tactical initiatives as needed.
• Reconciliation of traditional pricing and profitability methodologies with RAROC based relationship profitability analytics.
• Development and maintenance of appropriate FTP methodologies.
• Support the Bank's quarterly Stress Test Application; lead the Finance Division's stress test related processes and maintain and improve the integrity of its applications; seek to enhance the structural and functional elements of IT systems that drive analytical and functional efficiencies in partnership with the IT department.
• Support the alignment of economic capital framework to the Allowance for Loan Loss model design and explanation of model outcome over time and conformance with industry best practices.
• Support the implementation of new models (ALM, PPNR, MSR, capital, etc.) through project work, testing, and validation of results.
• Various strategic projects as directed by Treasurer.

SUPERVISORY RESPONSIBILITIES:

Responsible for providing employees timely, candid and constructive performance feedback. Develops employees to their fullest potential and provide challenging opportunities that enhance employee career growth. Develops the appropriate talent pool to ensure adequate bench strength and succession planning. Recognizes and rewards employees for accomplishments.

MINIMUM KNOWLEDGE, SKILLS & ABILITIES REQUIRED:

• Bachelor's degree in Finance, Accounting or Economics required; advance degree and or CFA designation strongly preferred.
• Minimum of ten years of financial services experience in Treasury/Finance/Accounting.
• Strong loan and deposit product knowledge relating to retail and commercial banking.
• Effective communication skills able to support independent viewpoints to production and executive management.
• Working knowledge of capital markets and products, including money markets, fixed income markets and derivatives.
• Strong analytical and comprehension skills.
• Proven ability to independently manage multiple assignments and demonstrated initiative.
• Demonstrated proficiency in critical thinking, leadership, business acumen, relationship building and teamwork.
• Ability to understand complex issues and develop meaningful analysis and recommendations to line of business, and executive management.
• Proficiency in interpreting content of applicable regulations governing commercial banking.

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.