Fifth Third Bank Compliance Manager in CINCINNATI, Ohio

Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. As The curious bank, we've staked our claim on looking at things differently, at being better listeners and at showing more commitment. This applies to our relationships with customers and employees alike.

We employ about 19,000 people, and what we offer is:

  • A chance for employees to build their future, with supportive career development and financial wellness programs.

  • An environment where we win together. We celebrate achievement and work collaboratively. We're also a two-time Gallup Great Workplace honoree.

  • An invitation to impact lives in a positive and lasting way. Everything we do is geared toward improving lives. That's fun and exciting.

It comes down to the fact that Fifth Third is a warm and caring place to with which to grow # as a customer or as a team member.

Enterprise Risk Management (ERM) is the process of identifying, quantifying and managing the risks that an organization faces while applying it to the overall Bank Strategy. While it is impossible to remove all risk from the organization effective risk management requires a strong risk culture and risk governance. Risk culture is the system of values and behaviors within the organization that shapes the day-to-day decisions that we all make. Developing a risk culture is a continuous process # it is consistent with, and builds upon, our Core Values, Leadership Competencies, and Code of Business Conduct and Ethics in that it is based on a common understanding that managing risk is everyone's responsibility and creates an environment that encourages the open exchange of ideas, willingness to elevate concerns, and a commitment to "doing the right thing." As such, risk culture is a critical element of the Bank's risk management efforts.

* General Function:*

Responsible for the continued development and implementation of the Bancorp's compliance programs to ensure compliance with Federal laws and regulations and industry standards. The position requires conducting detailed statistical analyses and regression modeling using SAS or other statistical analytical tool; extracting and assembling relevant data for statistical analyses; estimate and validate linear and logistic regression models; perform data diagnostics and validity checks on data integrated from multiple systems; support ad-hoc analytical requests.

Essential Duty and Responsibility:

  • Role is focused on the identification and assessment of risks through the execution of analyses to evaluate the Bancorp's compliance with laws, regulations, and industry standards.

  • Estimate the effect on prohibited basis groups by decisioning process criteria, including scoring systems, pricing and lending strategies, combined with market share data, lending trends, external influences, current regulatory focuses, previous examination findings, and input from Audit and Legal, to develop a clear understanding of the Bank's lending context as it relates to Compliance issues and risks;

  • Extract data from multiple source systems, conduct complex quantitative analyses consistent with regulatory requirements;

  • Use SAS to estimate and validate linear and logistic regression models, interpret and explain the model results to ensure lines of business are compliant with fair lending requirements;

  • Develop SAS Macro and analytical procedures to improve working efficiency and close gaps in performance;

  • Prepare report of analysis. Interpret statistical results in lay terms for presentation to business partners;

  • Partner with other analytic teams throughout the bank to establish relationships, build best practices, and potential share Banker sources.

Qualifications:

  • Master's degree in Statistics, Economics, Mathematics, Physics or other quantitative field required.

  • 3+ years applied statistical and analytical work experience, preferably in financial services.

  • Qualified experience with SAS or other standard statistical packages (e.g., R).

  • Experience in developing, implementing and evaluating linear/logistic regression models.

  • Knowledge of SAS STAT/Macro/Graph, SQL, other data programming languages desirable.

  • Understanding of financial (mortgage, bankcard, deposit, etc#) and banking products.

  • Knowledge of federal regulatory fair lending requirements (HMDA,ECOA,CRA) and experience working in fair lending environment preferred.

  • Solid presentation/communication skill.

Fifth Third Bank 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.

Qualifications:

  • Master's degree in Statistics, Economics, Mathematics, Physics or other quantitative field required.

  • 3+ years applied statistical and analytical work experience, preferably in financial services.

  • Qualified experience with SAS or other standard statistical packages (e.g., R).

  • Experience in developing, implementing and evaluating linear/logistic regression models.

  • Knowledge of SAS STAT/Macro/Graph, SQL, other data programming languages desirable.

  • Understanding of financial (mortgage, bankcard, deposit, etc#) and banking products.

  • Knowledge of federal regulatory fair lending requirements (HMDA,ECOA,CRA) and experience working in fair lending environment preferred.

  • Solid presentation/communication skill.