Innovation Banking Executive Director

Fifth Third Bank • New York, NY

7d • $121,900 - $262,100 • Onsite

About The Position

Fifth Third Bank is seeking an Innovation Banking Executive Director to join their team. This role is responsible for growing and retaining relationships with targeted client groups by delivering value-added financial solutions. The Executive Director will develop business development strategies, provide leadership to credit staff, and foster strong communication between clients and internal teams. Key responsibilities include underwriting credit requests, developing revenue growth through loans, deposits, and fee income, and identifying new business opportunities within an assigned territory. The role also involves preparing and presenting credit proposals, ensuring relationship profitability, and collaborating with credit department members. Additionally, the Executive Director will attend industry events to expand their network and knowledge, and support Capital Markets businesses by assessing client needs for securities products and services.

Requirements

• Undergraduate degree required.
• 8 – 10+ years of experience in Banking, Venture Capital Investing, Investment Banking, M&A or Capital Markets.
• Minimum of 3 years of experience at the Director level.
• Strong corporate finance and credit skills.
• Proven track record of success in working as a part of a team to originate, and close complex financial transactions.
• Proven ability to pitch, win and execute on corporate finance ideas.
• Leadership experience and history of involvement in key decisions around a growing financial services business.
• Excellent presentation skills, both oral and written.
• Strong relationship building skills.
• The ability to interact effectively with senior executives inside and outside our organization.
• Professional proficiency, generally acquired through 8+ years of relevant work or internship experience in finance, accounting, or a related field.
• Proven track record of success in leading teams to structure, negotiate and execute complex transactions.
• Visibility to leadership as mentor in training, retention and development of talent.
• High attention to detail and commitment to deliver high quality work product consistently.
• Strong project management skills and ability to manage a team.
• Strong collaboration, communication and leadership skills.
• Ability to obtain and maintain required securities licenses in accordance with company policy.

Nice To Haves

• Graduate degree preferred.
• Expertise in one or more business sectors is a plus.

Responsibilities

• Growing and retaining relationships with targeted client groups by coordinating all aspects of the client relationship through the delivery of value-added financial solutions to existing and prospective clients.
• Developing business development strategy to generate new business.
• Providing leadership and direction to other credit staff and fostering strong communication between customers and internal staff from application through closing.
• Coordinating all client-facing activities related to their clients, including credit support and other product area partners.
• Reviewing and underwriting credit requests and insuring appropriateness and satisfaction level of existing services provided.
• Developing revenue growth through generation of loans, deposits, fee income and cross selling all applicable bank services to existing customer base, and to identify and solicit bank services to non-customers.
• Developing profitable new credit and non-credit new business within assigned territory.
• Developing intimate knowledge of all customers and prospect opportunities.
• Preparing and presenting credit proposals for existing and new customers, ensuring proposals are complete, viable, and that sources of repayment are sound and well documented.
• Responsible for relationship review and overall relationship profitability.
• Working with Portfolio Manager, Credit Analysts, and other members of the Credit Department to underwrite credit requests.
• Ensuring proper reporting, documentation, and review to determine that a loan is an acceptable risk.
• Monitoring customer performance, abilities, and industry on an ongoing basis to determine that loan is an acceptable risk.
• Attending community and/or industry-specific forums, conferences and/or meetings to broaden relationship network and continually deepen knowledge of trends and practices.
• Providing support to the Capital Markets businesses by assessing whether securities products and capital markets services would be appropriate for a particular client and working with the Capital Markets teams to provide those products and services to clients.

Benefits

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

What This Job Offers

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