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Financial Analyst II

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.

Position not available for immigration sponsorship.

GENERAL FUNCTION:

Assist in the execution of moderately complex financial analysis of key business areas within the Bancorp. Serve as financial leader to Fifth Third Bancorp lines of business, affiliate leadership, and/or external agencies to understand and meet the information needs required to sustain growth. Focus on providing value-added analysis and recommendations to support business growth.

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.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Understands and assists in the identification of key business factors (both internal and external) that impact the business.
  • Continues to develop knowledge base to keep current on existing and emerging issues; applies this knowledge to assist business managers in growing their business.
  • Develops recommendations and action plans to support growth and eliminate or mitigate observed risks.
  • Assists in the execution of financial analysis and drive business results.
  • Prepares and analyzes monthly reports. Investigates and documents unusual items.
  • Performs maintenance on existing schedules and reports for changes to information.
  • Documents, evaluates and improves design of reports and processes to ensure that analytical tools evolve as business changes.
  • Develops trend analyses and other quantitative reports to determine business trends.
  • Assists management with the development and maintenance of the performance data systems designed to review organizational and product performance.
  • Assists with the preparation and analysis of annual profit plan and rolling forecast for line of business.
  • Analyzes business performance, makes recommendations for improvements and measures progress. Success will be measured by outcomes. (i.e., business improvement).
  • May be responsible for incentive plan administration.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Bachelor's degree in Accounting or Finance required.
  • Thorough knowledge of GAAP preferred.
  • Typically requires 2 - 4 years of accounting or finance related experience in industry or public accounting.
  • Proficient with MS-Windows and other related PC applications. Possess the desire and ability to learn mainframe applications, and automated data analysis tools and techniques.
  • This position requires excellent analytical, verbal and written communication skills necessary to interact with personnel ranging from clerical staff to more senior management.
  • Demonstrated proficiency in performance measurement tools and technology.
  • Ability to work both individually and as a member of a team.
  • Ability to maintain professional composure in a dynamic work environment that often requires management/completion of multiple tasks.
  • Demonstrate sound judgment as well as apply logical/critical thought processes.

#LI-BP1

Financial Analyst II

LOCATION -- Cincinnati, Ohio 45202

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.

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Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Financial Analyst II, Fifth Third

Are you ready to take the next step in your finance career? Fifth Third Bank is looking for a talented Financial Analyst II to join our dynamic team in Cincinnati, OH. In this role, you'll assist in the execution of moderately complex financial analyses that are vital to key business areas within our Bancorp. As a financial leader, you'll partner with our lines of business and external agencies, ensuring you meet the information needs that drive meaningful growth. You’ll focus on delivering valuable analyses that actually support and propel our business initiatives forward. With responsibilities that include preparing monthly reports, analyzing business performance, and developing insightful recommendations, you’ll be at the heart of our decision-making processes. Our ideal candidate has a Bachelor’s degree in Accounting or Finance and a couple of years of experience—so if you're proficient in GAAP and have stellar analytical skills, we’d love to hear from you! This isn’t just about crunching numbers; it’s about making an impact by improving practices and processes. Join us at Fifth Third Bank, where your contributions can lead to both personal and organizational growth. This position demands collaboration and clear communication, ensuring that our actions drive positive experiences for both our customers and colleagues. Ready to make banking a Fifth Third better? Let's connect and see how you can contribute to our exciting journey.

Frequently Asked Questions (FAQs) for Financial Analyst II Role at Fifth Third
What are the main responsibilities of a Financial Analyst II at Fifth Third Bank?

A Financial Analyst II at Fifth Third Bank is primarily responsible for executing moderately complex financial analyses, preparing monthly reports, and providing recommendations to support the business's growth. This includes analyzing business performance and documenting any unusual items to ensure a clear understanding of financial health. You will act as a financial leader across various lines of business, influencing decision-making processes while maintaining a compliance-focused environment.

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What qualifications are needed for the Financial Analyst II position at Fifth Third Bank?

To be considered for the Financial Analyst II role at Fifth Third Bank, candidates should possess a Bachelor’s degree in Accounting or Finance. Typically, 2 to 4 years of experience in accounting or finance related to industry or public accounting is required. Candidates should also demonstrate proficiency with tools like MS-Windows and have a sound understanding of GAAP principles. Strong analytical and communication skills are also crucial for success in this position.

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What skills are essential for a Financial Analyst II at Fifth Third Bank?

Essential skills for a Financial Analyst II at Fifth Third Bank include strong analytical abilities, excellent verbal and written communication, and the capability to work collaboratively in a team. A thorough knowledge of performance measurement tools and technology is beneficial. Additionally, candidates should be adaptable, able to manage multiple tasks, and demonstrate sound judgment in a dynamic work environment.

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How does Fifth Third Bank support growth through the Financial Analyst II position?

The Financial Analyst II at Fifth Third Bank plays a crucial role in supporting organizational growth by identifying key business factors and developing actionable recommendations. This role involves analyzing business trends, preparing financial forecasts, and enhancing performance data systems. By providing in-depth analyses and recommendations, the Financial Analyst II directly contributes to strategic planning and helps the bank navigate risks effectively.

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What opportunities for advancement exist for a Financial Analyst II at Fifth Third Bank?

At Fifth Third Bank, a Financial Analyst II has various opportunities for career advancement. As you gain experience and showcase your ability to drive business improvement, you may progress to senior financial analyst roles or take on leadership positions within the finance department. Ongoing training and development programs also help nurture skills and prepare employees for future opportunities within the organization.

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Common Interview Questions for Financial Analyst II
Can you describe a time when you had to analyze complex financial data?

When addressing this question, share a specific example where you examined intricate financial data, detailing your approach, the tools you used, and the outcomes of your analysis. Highlight your analytical skills and how they contributed to business decisions.

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How do you prioritize tasks when managing multiple deadlines?

Discuss your strategy for prioritizing tasks, such as creating a task list or using software tools for project management. Emphasize your ability to remain organized and maintain high standards despite tight deadlines, showcasing any successful experiences.

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What experience do you have with financial forecasting?

Highlight any relevant experience with financial forecasting. Discuss the methods you've used, the accuracy of your forecasts, and how your insights contributed to planning and decision-making in your previous roles.

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How do you stay current with financial regulations and industry trends?

Explain your commitment to ongoing education, such as attending workshops, webinars, or reading financial publications. Mention specific resources or networks you engage with to ensure you remain informed about changes in financial regulations.

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Can you provide an example of a recommendation you made that improved business performance?

Choose a specific instance when your recommendation directly impacted business performance positively. Explain your thought process, the analysis you conducted, and the results or improvements that followed.

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Describe your experience with financial reporting and analysis tools.

Discuss the various financial reporting and analysis tools you've utilized, such as Excel or ERP systems. Share examples of how these tools have helped you provide insights and recommendations and the importance of accuracy and attention to detail in your work.

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How do you approach teamwork and collaboration in financial projects?

Emphasize your collaborative mindset by describing a project where teamwork was essential. Highlight how you communicated effectively with coworkers and contributed to group goals, reflecting on the importance of collaboration within financial analysis.

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What steps do you take to ensure accuracy in your financial analysis?

Outline your process for ensuring accuracy, such as double-checking figures, using software for verification, or collaborating with others for input. Discuss a time when this attention to detail helped identify discrepancies or improved the quality of your report.

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How do you handle stress and maintain professionalism in a fast-paced environment?

Share your techniques for managing stress, like time management strategies or stress-relief techniques. Reflect on how these practices enable you to remain composed and professional while delivering quality analysis and insights under pressure.

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What attracts you to the Financial Analyst II position at Fifth Third Bank?

This is a great opportunity for you to express your interest in Fifth Third Bank and the Financial Analyst II role. Be specific about what excites you about the company’s culture, mission, and your desire to contribute through analysis and partnerships to drive business performance.

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At Fifth Third Bank, we’re working hard to make banking a Fifth Third better. Which, according to the laws of mathematics, 5/3 equals 166.7%. That’s a whole lot of percents. Learn more at http://go.53.com/better

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Full-time, on-site
DATE POSTED
April 17, 2025

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