Business Controls Senior Specialist - Treasury Management

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As first line of defense, conducts analysis related to identifying, assessing, mitigating, and managing risks necessary to comply with new or changing laws, regulations, regulatory guidance, and best practices deemed necessary by key stakeholders (such as Legal, Compliance, Enterprise Risk and Audit partners). Supports Business Controls in advancing risk management, structure, processes, and tools in support of the organization's Enterprise Risk Management (ERM) framework. Transforms data into business intelligence by developing and presenting information and insights to stakeholders. Monitors and manages risks to ensure compliance and validation of program effectiveness with assigned line of business or functional area, and Bancorp 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 and LOB's risk appetites, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

• Assists Business Controls leadership with the implementation of controls, policies, and procedures to increase effectiveness and efficiency related to the respective business or functional area.

• Provides relevant expertise and analysis to stakeholders related to the identification, assessment, control, monitoring, testing and reporting of risks.

• As necessary, participates in the execution of testing in compliance with the Bancorp testing framework and within defined time frames to support department metrics.

• Investigates and assists in root cause analysis in instances of actual or potential operational loss.

• Gathers, analyzes, aggregates, and reports on risk data to develop solutions to analytical, implementation, and/or execution issues.

• Prepares status reports and presentations to keep Business Controls leadership and internal partners abreast of key milestones, alternatives, and potential risks.

• Active participation in test results calibration sessions for test accuracy, when required.

• Supports the resolution and remediation of internal audit, compliance, or risk management related issues that could impact the classification, availability, or integrity of data or processes.

• Highlights control breakdowns, inadequate processes, and unexpected events and implements corrective actions in partnership with Business Controls leadership to address process and control deficiencies.

• Builds effective relationships with other internal business control groups and the second and third lines of defense (such as Legal, Compliance, Enterprise Risk, and Audit).

• Assists with the execution of Business Controls functions within risk programs

• May assist in the coordination for updates to archive systems (e.g., Open Pages, PPM, etc.).

• Works with LOB to identify initial set of inherent risks and controls and identifies applicable governance processes.

• Partner with support functions or risk experts to identify applicable Enterprise and risk appetite indicators.

• May have additional responsibilities as assigned by LOB/Function leadership and Risk.

• Bachelor's degree or equivalent experience required in the financial service industry, risk management, business controls or compliance

• Desired degrees: Business, IT, Accounting, Finance and Economics.

• Professional verbal and written communication skills and the ability to communicate with discretion and understanding when confidentiality is needed.

• Must be analytical and possess ability to interpret and apply policies and regulations across a complex business.

• Must identify opportunities and take action to build trusting strategic internal and external relationships and networks.

• Must be approachable and collaborative, thrive in a fast-paced dynamic environment, and be comfortable quickly shifting priorities on short notice.

• Working knowledge of Microsoft Office products required.

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.