High Yield Syndicate

Fifth Third Bank•Chicago, IL

About The Position

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. YOUR RESPONSIBILITIES: The responsibilities for this role are below; you may support projects of varying complexity based on skill and organizational priorities. Perform syndicate internal and external procedures related to new deal issuance, owning end-to-end high yield timeline management, ensuring seamless execution under tight market windows High Yield Syndicate At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day. Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. More information can be obtained upon request. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner. LOCATION -- New York, New York 10169 Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee. 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. Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step? Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or a related field. Graduate degree preferred.
8+ years syndicate experience at a major underwriting institution supporting the products desk, with direct lead execution experience on high yield deals
Strong issuer and investor relationships specifically across the high yield investor ecosystem
Experienced with financial software and market data (including Bloomberg and orderbook building systems)
Strong knowledge of compliance and regulatory issues
Strong desire to build and grow a business
Leadership experience and history of involvement in key decisions around a growing financial services business
Structural knowledge by asset class
Deep understanding of high yield capital structures, credit risk assessment and ratings agency considerations preferred
Expertise in one or more industries (energy, gaming, homebuilding and/or equipment lessors a plus)
Securities Industry Essentials (SIE), Series 79, and Series 63 licenses required
Series 24 (Supervisor) license preferred
Ability to travel as required
Qualified candidates will bring professional proficiency, generally acquired through 8+ years syndicate experience at major underwriting institutions supporting the products desk
High attention to detail and commitment to deliver high quality work product consistently
Strong collaboration and communication skills
Excellent presentation skills, both oral and written
Strong mentoring and leadership skills
Exceptional market judgment under pressure and credibility with high yield investors
Ability to synthesize complex market signals into actionable pricing and distribution strategies

Nice To Haves

Successful candidates will demonstrate a higher degree of proficiency (typically from 15+ years of practical experience and/or advanced academic exposure) across the following areas:
Client Advisory & Relationship Management – Ability to lead strategic conversations, build trust, and deliver tailored solutions that deepen client relationships.
Origination & Commercial Impact – Skilled in identifying opportunities, developing pitches, and converting ideas into revenue-generating engagements.
Team Leadership & Development – Proven ability to mentor, develop, and lead high-performing teams.
Market Insight & Thought Leadership – Ability to translate market trends into strategic content and client engagement strategies.

Responsibilities

Develop and maintain deep relationships with internal and external clients, including issuers and the high yield investor universe, to optimize distribution and drive strong aftermarket performance
Lead and manage syndicate issuances and internal protocol for issuing clients
Work with sales and trading to evaluate investor activity and potential demand in various transactions
Work with bankers and issuers to generate lead manager mandates
Monitor/manage order books for lead managed issuances
Work with Commercial Leadership to expand internal and external knowledge of FTS brand
Provide leadership around the creation and delivery of the firm’s market view, capital markets presentation materials and in the evaluation of capital markets transactions
Partner with Group Head of Public Markets and Head of High Yield Capital Markets to drive Fifth Third’s High Yield franchise positioning, including league table strategy, sponsor engagement and growth in high yield cross-over activity
Develop and utilize relationships with external clients to focus on delivery of advice and analysis for capital markets opportunities
Perform syndicate internal and external procedures related to new deal issuance, owning end-to-end high yield timeline management, ensuring seamless execution under tight market windows