Fifth Third Bank

Managing Director, Fintech Innovation Banking

Fifth Third Bank  •  $155k - $334k/yr  •  New York (Onsite)  •  5 hours ago
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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.

The Managing Director is responsible for driving growth across three strategic pillars:

  • Corporate Banking for Fintech Companies – providing comprehensive banking, treasury, lending, and capital markets solutions to venture-backed and growth-stage fintech companies.
  • Embedded Banking & Fintech Infrastructure – delivering banking and funds-flow capabilities that enable fintech clients' products, with a particular emphasis on expanding the adoption and strategic value of the Newline platform.
  • Asset-Backed Finance & Structured Capital Solutions – originating and executing warehouse facilities, forward-flow agreements, securitizations, ABS transactions, and other structured financing solutions for fintech lenders and specialty finance companies.

RESPONSIBILITIES:

  • Grow and retain relationships with a targeted client group by coordinating all aspects of the relationship and delivering value-added solutions.
  • Develop business-development strategy and provide leadership and direction to credit staff.
  • Coordinate client-facing activities, including engagement with credit and treasury-management partners.
  • Own review and underwriting of credit requests; ensure proposals are complete and sources of repayment are sound.
  • Drive revenue growth through loans, deposits, fee income, and cross-sell; develop new credit and non-credit business.
  • Monitor client performance and industry trends to maintain acceptable risk; attend venture and industry forums to broaden the network.
  • Support Capital Markets and Treasury partners on product suitability.

MINIMUM REQUIREMENTS:

  • Undergraduate degree required; graduate degree preferred.
  • 8-10+ years of experience in banking, corporate finance, or capital markets; minimum 3 years at the Director level.
  • Strong corporate finance and credit skills; leadership history in a growing financial services business.
  • SIE, Series 79, and Series 63 required; Series 24 preferred, per Fifth Third guidelines.

PERFORMANCE GEARING:

10+ years related experience: New deposits/year $150MM+ team roll-up - Fees/year $500K+ team roll-up - NQRs/year 3 plus team minimum 15, subject to adjustment over time.

REQUIRED SKILLS:

Ability to lead teams to structure, negotiate, and execute complex transactions; talent mentorship; high attention to detail; strong project management and team leadership.

SKILLS FOR SUCCESS:

Client Advisory and Relationship Management - Origination and Commercial Impact - Team Leadership and Development - Market Insight and Thought Leadership.

DOING THE RIGHT THING:

Accountable for risk by openly exchanging ideas, elevating concerns, and following policies and procedures.

Managing Director, Fintech Innovation Banking

Total Base Pay Range 155,100.00 - 333,500.00 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 -- New York, New York 10169

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
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