Senior Manager, Closely Held

Fifth Third Bank • Austin, TX

18d • $96,500 - $207,500 • Onsite

About The Position

The Senior Manager, Closely Held Assets, leads complex engagements involving operating companies, holding companies, family enterprises, and private investments held within fiduciary structures, including trusts, estates, and foundations. This role ensures adherence to regulatory, risk, and fiduciary standards while overseeing a portfolio of moderate- to high-complexity, nonmarketable assets. The portfolio includes minority and controlling interests in limited partnerships (LPs), limited liability companies (LLCs), closely held corporations, and other private investments. The Senior Manager is responsible for the evaluation, monitoring, and strategic management of these assets, applying sound fiduciary judgment and established governance practices. The assigned portfolio will primarily consist of higher profile, higher value assets across a national footprint.

Requirements

• Bachelor’s degree in Finance, Accounting, or a related field.
• Minimum of 7 years of relevant work experience in commercial credit, business analysis or equivalent experience.
• Demonstrated degree of proficiency (typically from 7+ years of work or practical experience), in: Financial Analysis & Valuation: Ability to evaluate complex financial statements and determine the value of privately held business interests.
• Demonstrated degree of proficiency (typically from 7+ years of work or practical experience), in: Portfolio & Investment Management: Experience managing complex, nonmarketable or illiquid investment portfolios.
• Demonstrated degree of proficiency (typically from 7+ years of work or practical experience), in: Client Relationship Management: Ability to communicate effectively with clients and professional advisors on complex investment matters.
• Demonstrated degree of proficiency (typically from 7+ years of work or practical experience), in: Decision Making & Judgment: Strong ability to evaluate transactions, corporate actions, and asset disposition opportunities.
• Demonstrated degree of proficiency (typically from 7+ years of work or practical experience), in: Organization & Time Management: Ability to prioritize work, manage multiple assignments, and meet deadlines in a dynamic environment.

Nice To Haves

• Demonstrated ability to lead through expertise, influence stakeholders, and guide team members in a complex environment.
• Ability to identify, analyze, and resolve complex and ambiguous issues.
• Strong investigative skills to support investment recommendations and risk assessments.
• Strong written and verbal communication skills tailored to both technical and non-technical audiences.
• Commitment to delivering strong client service and maintaining effective relationships.

Responsibilities

• Manage a portfolio of private business investments, including partnerships, LLCs, and corporations, performing investment reviews, developing recommendations, and determining valuations for fiduciary and fee-related purposes.
• Analyze financial statements, industry dynamics, and corporate structures to assess risk and determine the value of closely held business interests.
• Evaluate and make determinations on proxy votes, tender offers, reorganizations, and lead asset sale decisions, including execution and documentation of transactions.
• Communicate with clients and their professional advisors regarding investment performance, strategy, and recommendations.
• Partner with risk, legal, and compliance teams and ensure fiduciary decisions align with governing documents, client objectives, and regulatory requirements; escalate complex matters through established governance channels.
• Serve as a subject matter expert on closely held assets while training and mentoring junior team members.
• Work with internal partners to address complex or sensitive investment matters and ensure appropriate risk mitigation.
• Performing other duties as assigned, adapting to new tasks or shifts in priorities as necessary to support your team’s and the company’s mission.

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: Senior