Fifth Third Bank-posted 2 days ago
Full-time • Mid Level
Onsite • Cincinnati, OH
5,001-10,000 employees

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. GENERAL FUNCTION: The Technology Finance Senior Product Analyst is responsible for working with the Product Manager to direct and facilitate the shipping of off-lease equipment. The Technology Finance Product Senior Analyst position is part of our Equipment Finance’s Technology Finance team. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

  • Determine bank’s future value risk by assigning future wholesale and/or residual values to equipment with direction from the Technology Finance Product Manager.
  • Make purchasing/selling decisions that may impact bank profitability with partnership from the product manager team.
  • In conjunction with the product manager team, research and identify markets, various products, and merchandising opportunities
  • Work with the Technology Finance Product Manager to set up products and manage products and promotions.
  • Identify correct equipment specifications to properly arrange and contract for freight shipments on the bank’s behalf.
  • Coordinate freight purchase order processing with clients.
  • Arrange and monitor freight shipments with clients and sales team.
  • Work with customers and submit quotes for freight requests with special attention on split freight
  • Submit freight purchase orders along with the rebilling of freight invoices and damage assessments.
  • Responsible for maintaining real-time inventory and shipping schedule.
  • Capture data and organize monthly, quarterly and annual reporting of sales and current sitting inventory per asset category. Provide analysis and recommendations bases off report results
  • Communicate with customers to resolve open issues.
  • Work directly with vendors
  • Provide support to the identification, education and onboarding of our more complex vendors
  • Negotiate with vendors on cost, volume, incentives, rebates, advertising, and other applicable allowances
  • Pull vendor invoices and lease documentation from files to confirm proper equipment description
  • Resolve issues such as missing or incomplete returned assets
  • Evaluate current processes, identify and implement improved document and recording mediums (Shipping Forms, Inventory Reports).
  • Update personal knowledge by participating in industry related educational opportunities, with a goal of providing input to aid in the research and identify markets, various products, and merchandising opportunities.
  • Responsible for training and mentoring more junior Technology Finance Product Analysts.
  • Various projects and other duties as assigned
  • Bachelor's degree required. Prefer degree in Business (e.g. Business Administration, Finance, Accounting)
  • 3+ years of experience in any combination of a) pre-owned IT or medical equipment market, b) equipment finance, or c) liquidation of moderate levels of remote inventory.
  • 5+ years of in person or telephonic interaction with clients in any capacity where they are solving customer issues or negotiating favorable outcomes.
  • Excellent organizational skills that allow the ability to effectively prioritize workload and multi-task
  • Excellent attention to detail
  • Must have excellent oral and written communication skills
  • Proficient in Microsoft Office Suite, particularly Word and Excel
  • Self-motivated
  • Must be persistent and resourceful
  • Must possess a strong work ethic
  • Works well with team members
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