JOB DESCRIPTION: Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. We've staked our claim on looking at things differently to making banking a Fifth Third Better. This applies to our relationships with customers and employees alike. We employ about 18,000 people, and what we offer is: \# A chance for employees to build their future, with supportive career development and financial wellness programs. \# An environment where we win together. We celebrate achievement and work collaboratively. We're also a three-time Gallup Great Workplace honoree. \# An invitation to impact lives in a positive and lasting way. Everything we do is geared toward improving lives. That's fun and exciting. It comes down to the fact that Fifth Third is a warm and caring place to with which to grow # as a customer or as a team member. Credit Risk Management, within Fifth Third Bank's Risk division, encompasses Commercial and Consumer Credit Risk along with our Special Assets Group. Independent from the lines of business, our team of Credit Risk Management professionals are responsible for the overall credit risk strategy, risk assessment and oversight of the portfolio of commercial and consumer loans and ancillary bank products with credit risk originated by the various lines of business. Balanced financial risk taking through a clearly established risk appetite is accomplished through underwriting, approval, monitoring and portfolio management of loans across the various lending disciplines. The Special Assets Group supports the workout of loans with associated credit risks that have been classified at or above defined risk levels deemed too high for the bank to manage in a traditional portfolio. Together, these three departments support the Credit Risk Strategic Framework focused on creating competitive advantage through independent, forward looking and proactive thought leadership. GENERAL FUNCTION: The Credit Risk Analytics Manager will develop, validate, and implement credit risk tools and programs to support the Bancorp's risk management framework, while ensuring industry best practices are utilized. This role is viewed as a critical source of insight into the Bancorp's credit risk measurement and mitigation strategies and will be expected to ensure the optimal credit risk appetite and returns are realized for the Business Banking and Private Banking lines of business. This position will ensure decisions and strategies around the Bancorp's use of credit underwriting standards, forecasting methodologies, risk rating models, Allowance for Loan Loss methodologies and economic capital are based in fact and supported with strong analytics. 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. ESSENTIAL DUTIES & RESPONSIBILITIES: SEE ACTUAL JOB DESCRIPTION FOR ALL ESSENTIAL DUTIES & RESPONSIBILITIES * Credit Risk Measurement and Mitigation o Support active portfolio management by providing assessments such as concentration analyses, capital consumption and allocation analyses, and transition matrices with recommended actions to reduce overall risk in the portfolio o Prepare portfolio performance reviews to identify deterioration and weakening trends in various asset classes, industries, and geographies o Prepare recommendations to adjust credit underwriting standards to reduce overall risk in the portfolios o Develop appropriate risk mitigation framework and continuous monitoring, including presentation to senior management o Develop tools to evaluate the effectiveness of various credit risk hedging/mitigation strategies employed by the bank * Model validation o Develop and support profitability/pricing tools regarding the methodology and inputs used for pricing o Support the Dual Risk Rating models to enhance their predictability and ensure the line of business is appropriately using the models. Support the recalibration of the dual rating model parameter estimates based on actual losses, default and migration analysis. Perform regression analysis on firm financial ratios and economic data to evaluate the explanatory power of the ratios in predicting migration and default for different parts of the portfolio. o Take an active role in supporting the forecasting methodologies to assist in producing sophisticated analytics for the purpose of providing senior management with more accurate near-term and long-term credit forecasts. Develop and enhance forecasting models using default probabilities and loss given default measures. Provide support to develop econometric models and ensure the logic and quality of the market data inputs o Support the development of Allowance for Loan Loss model design and explanation of model outcome over time and conformance with industry best practices o Support the implementation of new models (credit risk, capital, etc.) through project work, testing, and validation of results SUPERVISORY RESPONSIBILITIES: Attract, develop, and retain the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments. Responsible for providing employees timely ,candid, and constructive feedback; developing employees to their fullest potential and providing challenging opportunities that enhance employee career growth. MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED: * Advanced degree in statistics/mathematical, finance or other quantitative field or commensurate experience * Minimum of 7 years of credit risk management and economic capital experience * Good knowledge of the credit risk models existing in the market, experience in statistical modeling and model validation. Database experience, SAS, SQL, VBA, Business Objects, C and/or MatLab * Able to express methodological and modeling concepts to senior management * Ability to understand complex issues and develop meaningful analyses and recommendations to various levels of management including top executive management Fifth Third Bank 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.