Unique Asset Administration Associate

Fifth Third Bank • Farmington Hills, MI

5d • Onsite

About The Position

The Unique Asset Administration Associate provides operational and administrative support for the Unique Asset Group. This role is responsible for processing transactions, maintaining systems and records, supporting asset onboarding and maintenance activities, and assisting with reporting and operational tasks associated with specialized assets. The role serves as a key operational partner to ensure accuracy, compliance, and efficient execution of asset-related activities.

Requirements

• High School Diploma or equivalent required
• 3 years of operational, administrative, financial services, or related experience
• Ability to accurately execute transactions and administrative activities in accordance with established procedures and service standards.
• Effectively manages workload, prioritizes competing demands, and consistently meets deadlines while maintaining quality.
• Maintains a high degree of accuracy when processing transactions, maintaining records, and reviewing supporting documentation.
• Effectively communicates information to team members, business partners, and vendors while maintaining professionalism.
• Ability to learn and effectively utilize trust, accounting, and asset management systems to support operational activities.

Nice To Haves

• Understands the impact of operational activities on client experience and strives to deliver timely and accurate support.
• Works cooperatively with colleagues and business partners to achieve team goals and service objectives.
• Identifies issues, researches potential solutions, and appropriately escalates concerns to support resolution.
• Demonstrates flexibility and effectiveness when priorities, processes, or business needs change.
• Continuously develops knowledge, skills, and technical expertise to enhance individual and team performance.

Responsibilities

• Executes operational and administrative activities related to onboarding, maintenance, servicing, and support of unique assets.
• Processes payments, receipts, accounting activity, invoices, and asset-related transactions in a timely and accurate manner.
• Maintains records and information within trust, accounting, and asset management systems while ensuring data integrity.
• Generates reports, monitors key activities, tracks deadlines, and identifies items requiring follow-up or escalation.
• Maintains asset documentation and coordinates required records, reports, correspondence, and supporting information.
• Recognizes operational issues, processing discrepancies, and administrative concerns and escalates concerns when appropriate.
• Works closely with asset managers, operations partners, internal business partners, and vendors to support workflow execution.
• Adheres to established procedures and operating standards while contributing to a well-controlled operating environment.
• Supports enhancements to operational processes and procedures that improve efficiency and service quality.
• Effectively manages multiple responsibilities and deadlines while supporting team and business priorities.
• 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 our employees and their families, encompassing physical, financial, emotional and social well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED