Director, Risk Advisory

Fifth Third Bank • Cincinnati, OH

2d

About The Position

The Director, Risk Advisory leads the Risk Advisory capability within Strategic Client Advisory Solutions (SCAS). The role establishes a consistent approach for incorporating insurance and risk-management considerations into the wealth strategy process, leads and develops the Risk Advisory team, and personally advises on complex client situations. The Director partners with Wealth Advisors, Wealth Strategists and other specialists to identify protection, liquidity, estate, business succession and wealth-transfer needs and coordinate appropriate insurance solutions.

The role oversees case quality, regional alignment, operating discipline and risk governance while maintaining direct accountability for client and advisor engagement. It translates SCAS strategy into a practical operating model, establishes assessment and documentation standards, supports advisor enablement, and builds workflows, service standards, metrics and reporting. The Director collaborates with internal teams and external providers to deliver advice-led solutions and support relationship acquisition, retention and deepening.

Requirements

• Bachelor’s degree or equivalent combination of education and experience.
• Appropriate state insurance licenses for Life, Health and Long-Term Care, as required under Fifth Third licensing guidelines.
• 10 or more years of insurance, wealth planning or related financial-services experience, including significant experience with high-net-worth clients.
• Demonstrated experience leading or coaching professionals and managing complex client engagements in a regulated environment.
• Proficiency in evaluating and explaining sophisticated insurance structures within estate, liquidity, business succession and wealth-transfer planning.
• Ability to lead a client-focused advisory function while personally delivering complex work.
• Ability to connect risk-management recommendations to broader wealth plans and coordinate across multiple specialists.
• Ability to apply licensing, suitability, fiduciary, documentation and escalation requirements in a regulated financial-services environment.
• Ability to translate complex concepts into clear recommendations for clients, advisors and senior stakeholders.

Nice To Haves

• CLU, ChFC, CFP or comparable advanced insurance or wealth-planning designation.
• Ability to build credibility and drive consistent execution across regions and teams without relying solely on direct authority.
• Experience coaching consultants, reviewing work quality and building technical and advisory capability.
• Experience creating practical assessment tools, workflows, service standards and metrics that scale an advisory capability.
• Experience repositioning a production-oriented activity into an integrated, advice-led client capability.

Responsibilities

• Lead, coach and develop Risk Advisory consultants while maintaining an active portfolio of complex client engagements and serving as the senior escalation point for advanced insurance planning matters.
• Translate the SCAS strategy into a practical Risk Advisory operating model, priorities, standards and performance expectations aligned with client value and holistic wealth planning.
• Own the core risk-assessment questions, decision pathways and documentation standards incorporated into new wealth strategies, and ensure identified needs and outcomes are routed to Risk Advisory.
• Partner with Wealth Advisors, Wealth Strategists, fiduciary professionals and external advisors to assess sophisticated life, disability, long-term care, annuity, liquidity and wealth-transfer considerations.
• Oversee case design, insurance recommendations, policy exceptions, carrier and product considerations, documentation and implementation quality within established policies and risk appetite.
• Align consultant coverage by region, monitor demand and capacity, and promote consistent access to Risk Advisory expertise across the Private Bank footprint.
• Develop education, tools and consultation routines that help advisors recognize risk-management needs and integrate Risk Advisory earlier in client planning.
• Establish workflow, service standards, pipeline visibility, client-outcome measures and management reporting; improve processes that reduce administrative burden on senior advisory talent.
• Collaborate with SCAS, Private Bank, Insurance Operations, Legal, Compliance, Risk and third-party providers to execute solutions and resolve complex matters.
• Support relationship acquisition, retention and deepening through advice-led solutions, measuring success through client value, quality, adoption and execution rather than individual product production alone.
• Perform other duties as assigned and adapt to new tasks or shifts in priorities to support the team's and company's mission.

Benefits

• Comprehensive benefits programs designed to support employees and their families across physical, financial, emotional and social well-being.
• Eligibility to participate in an incentive compensation plan, with payment based on company, line of business and/or individual performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Director