Canada Branch - Commercial Operations Analyst

Fifth Third Bank • Toronto, ON

4d • Onsite

About The Position

Fifth Third Bank is seeking a Commercial Operations Analyst for its Canada Branch in Toronto. This role involves monitoring branch accounts, managing liquidity, assisting with regulatory reporting, and supporting various operational and marketing functions. The analyst will interact with commercial lenders and customers, maintain strong relationships with internal and external stakeholders, and serve as the LOB Product Owner for approved projects. This position also supports First Line of Defense compliance and maintains the Annual Business Continuity Plan for the Canada Branch. The role requires an undergraduate degree or equivalent experience, with five to seven years of functional banking experience, including commercial/corporate loan exposure. The ideal candidate is self-motivated, detail-oriented, capable of multitasking, and able to work independently with excellent communication skills.

Requirements

• Undergraduate degree or equivalent experience
• Five to seven years of functional banking experience, including commercial/corporate loan exposure required
• Self-motivated individual who is detail oriented and able to multi-task
• Capable of working independently with little or no supervision
• Demonstrated excellent verbal and written communication skills

Responsibilities

• Monitor Canada Branch accounts, including maintaining balances and approving transfers and wires.
• Understand branch liquidity, including funding, repayments, and the impact to the branch cash position and RBC offset facility.
• Monitor and report the daily Prescribed Deposit ratio.
• Assist with regulatory reporting, including preparation of the OSFI Quarterly Information Package, trial balance preparation, and monitoring trends in PD and regulatory rating.
• Work with various groups across the bank to synthesize risk-rating commentary and trends, and maintain effective relationships with Regulatory Reporting to ensure OSFI requirements are consistently met.
• Create and maintain the Branch customer list.
• Prepare the Statistics Canada quarterly submission.
• Assist IT and Regulatory Reporting with the OSFI RAPID submission.
• Support transactions by coordinating loan and amendment closing processes, generating RAROC, synthesizing industry and macroeconomic/microeconomic research, and assisting with Canadian KYC.
• Assist with marketing efforts, including creating and updating client pitch books and internal presentations, and coordinating with product partners on client pitches.
• Interact with commercial lenders and customers on a daily basis to maintain strong customer relationships.
• Build and maintain effective relationships with Internal and External Audit and Compliance to ensure existing policies and procedures provide adequate controls to mitigate potential risks.
• Serve as the LOB Product Owner for approved projects related to the Canada Branch.
• Support First Line of Defense compliance responsibilities.
• Maintain the Annual Business Continuity Plan for the Canada Branch.
• Report pertinent information about the Canadian Commercial Loan portfolio to the PO and other bank senior management on an ongoing basis.

Benefits

• Comprehensive benefits and differentiated compensation offerings
• Eligible to participate in an incentive compensation plan
• Extensive benefits programs designed to support the individual needs of employees and their families, encompassing physical, financial, emotional and social well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree