Managing Director II, Private Bank

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GENERAL FUNCTION:

Managing Director II, Private Bank oversees all aspects of private bank activities that service the needs of high net-worth and ultra-high-net worth clients. Ensures that client relationships are developed and expanded and that the resources of the entire organization are properly leveraged to provide an efficient and exceptional client experience. Develops and implements strategic plan for the region to achieve Private Bank financial and client experience outcomes. Drives execution of key strategic initiatives within Wealth and Asset Management/Private Bank and the region.

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 AND RESPONSIBILITIES:

• Serve as a leader of the Private Bank for the region including liaising with national functions such as National Sales Effectiveness, Wealth Planning, Fifth Third Investment Management Group, Personal Trust, and Insurance. The primary objective is to grow revenue, by deepening client relationships and acquiring new clients while enhancing client experience for the Private Bank of the assigned region.
• Achieve the region's Private Bank goals for AUM, balance sheet, specialty fee and HH growth as well as Net income and PPNR.
• Creates effective sales culture and high performing team of credentialed Wealth Management Advisors (WMAs), Private Bankers and Private Bank client service associates and specialists; leads team to achieve performance productivity goals while enhancing employee engagement.
• Lead Talent Acquisition and Management; Actively recruit, develop, coach and retain individuals in the above positions. Develop and leverage internal and external talent pipelines
• Lead and execute on the "One Bank" strategy with the other lines of business to acquire new business
• Deliver excellent and consistent client experience to all households in the Private Bank; achieve client experience metrics.
• Execute on defined operating rhythms, sales management practices and disciplined expense management reflecting a well- run organization with a focus on operational excellence
• Represent the bank as the senior wealth leader in the region and enhance the Private Bank brand through speaking opportunities, board involvement and community service.
• Assist Region President with development of growth initiatives while working closely on special service needs.
• Drive prospect pipelines and generate new business through individual efforts, COIs and successful execution and follow up of region marketing activities.

SUPERVISORY RESPONSIBILITIES:

Providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential by providing challenging opportunities; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.

MINIMUM KNOWLEDGE, SKILLS AND ABILTIES REQUIRED:

• BS/BA required.
• CFP/CFA and MBA preferred.
• Minimum of 12 years related Investment experience (e.g., investment management and trust).
• Proven business development skills.
• Demonstrated ability to collaborate.
• Excellent communication skills.
• Normal office environment with little exposure to dust, noise, temperature and the like.
• Extended viewing of CRT screen.

Managing Director II, Private Bank

Total Base Pay Range 222,700.00 - 478,800.00 USD Annual

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- El Segundo, California 90245

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes ? no matter how they are submitted ? will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association 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.