Embracing Better Banking and Career Opportunities at Fifth Third Bank
Banking, as an industry, is constantly evolving, and financial institutions must be proactive and innovative to stay ahead. One such institution is the Fifth Third Bank, which is dedicated to making banking a Fifth Third better®. This ethos is embedded in its commitment to connecting great people to great opportunities. The bank provides an excellent platform for individuals ready to take the next step in their careers, particularly in the realm of business banking. Individuals have the opportunity to be part of a team responsible for business development, relationship management, and enhancing the client experience for companies with an annual gross sales of $0-10M. You can learn more about such opportunities Here.
The General Function of Business Banking at Fifth Third Bank
At Fifth Third Bank, business banking is about more than just managing accounts and transactions. It is about helping business owners achieve their financial goals by providing smart financial solutions tailored to their personal and business needs. This role involves serving as a trusted advisor for businesses, working with a team of product and retail partners in order to understand and cater to the holistic business needs of clients. This collaborative approach enables the team to develop revenue growth by identifying and providing needs-based solutions and services, including loans, deposits, treasury management, and other banking services. The bank also encourages its team to serve as producing leaders by coaching and mentoring Relationship Managers, and representing the Sales Manager as needed.
Ensuring Risk Management and Accountability
Fifth Third Bank places a high emphasis on risk management and accountability. The institution encourages open exchange of ideas and opinions, and values the concerns of its employees and clients. This involves adhering to policies and procedures, doing the right thing for customers and colleagues, and ensuring actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, employees are expected to achieve results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
Essential Duties and Responsibilities
Working in business banking at Fifth Third Bank entails various responsibilities. These include developing qualified client prospects in a defined segment, analyzing, evaluating and developing tailored relationship strategies for each client, participating in community and industry forums, retaining and growing long-term, profitable client relationships, cross-selling applicable 5/3 products and services, planning and conducting relationship strategy and review meetings, coordinating all client-facing activities, and conducting thorough pre-call planning and post-call follow up. Employees are also expected to use the Bank’s Customer Relationship Management (CRM) system for client activity tracking, call reports, and pipeline management.
Supervisory Responsibilities
At Fifth Third Bank, leadership and guidance are key components of supervisory roles. Those in supervisory positions are expected to provide coaching, leadership, and guidance to Relationship Managers in conjunction with or in addition to their Regional Sales Manager.
Required Knowledge, Skills, and Abilities
Working in business banking at Fifth Third Bank requires certain skills and abilities. These include a Bachelor’s degree or equivalent work experience, a minimum of 5 years of sales experience, formalized credit training or equivalent credit risk experience, strong business acumen, extensive knowledge of credit and non-credit products, knowledge of commercial & Treasury Management services, effective problem solving and analytical skills, strong verbal and written communication skills, proficiency in all Microsoft Office software, and the ability to travel regionally and/or locally.
Recognizing Employee Contributions
Fifth Third Bank recognizes the importance of its employees in improving the lives of its customers, communities, and each other. The bank provides comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to perform their best every day. The bank is also committed to promoting and ensuring 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.
In conclusion, Fifth Third Bank provides excellent opportunities for individuals keen on a career in business banking, offering a supportive and inclusive culture, comprehensive benefits, and a commitment to equal employment opportunities. If you’re ready to make banking a Fifth Third better®, consider a career with Fifth Third Bank.
