Fifth Third Bank

Fiduciary Account Specialist

Fifth Third Bank  •  $71k - $146k/yr  •  United States (Onsite)  •  15 hours ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

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.

Fiduciary Account SpecialistTotal Base Pay Range 71,100.00 - 145,900.00 USD Annual

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 45202

Attention 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.

Fifth Third Bank

About Fifth Third Bank

At Fifth Third Bank, everything we do is rooted in our purpose: to improve the lives of our customers and the well-being of our communities. Since our founding in 1858, we’ve been committed to creating a better financial experience by empowering our customers and clients to achieve what matters most.

Our unified strength is grounded in the individual passion and diversity of more than 20,000 employees who work collaboratively to deliver a better tomorrow to everyone we serve. We offer a strong culture, opportunities for growth 401k match, wellness options, comprehensive insurance plans and additional resources you need to build a lasting and rewarding career path here.

Headquartered in Cincinnati, Ohio, we are among the largest money managers in the Midwest.

We operate four main businesses—Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management—and a network of financial centers in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. Consumers also have access to approximately 54,000 Fifth Third fee-free ATMs across the United States.

Fifth Third Bancorp is a diversified financial services company and is the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution.

Explore Fifth Third career opportunities at: https://www.53.com/content/fifth-third/en/careers.html

Fifth Third Bank, N.A., Member FDIC. Fifth Third Bank is proud to be an affirmative action/equal opportunity employer. M/F/D/V

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Cincinnati, Ohio
Year Founded
Unknown
Website
53.com
Social Media