Regional Fiduciary Executive

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:  Responsible for driving sound fiduciary decision making and risk management strategies for the Investment Management & Trust (IM&T) business in multiple, assigned regions by implementing consistent fiduciary behavior and encouraging consistent client service across the IM&T book of business.   Ensure compliance with regulatory and legal guidelines in the execution of fiduciary responsibility.  Collaborate with the Managing Director of Personal Trust and the Chief Fiduciary Officer to set trust administration execution strategies. Develop and enforce trust policies and procedures.  Develop and lead annual trust professional training programs.  Evaluate the risk profile of new business opportunities.  Collaborate with the LOB and Private Bank Legal Counsel to drive solutions that meet client goals and mitigate risk to the bank.

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:
Ø    Leadership Responsibilities
Ø    In collaboration with the Managing Director of Personal Trust, the Chief Fiduciary Officer and in consultation with Private Bank Legal Counsel, lead sound fiduciary decision-making for all IM&T regions of the Bancorp.
Ø    Drive consistent fiduciary behavior within the IM&T business by working closely with the Regional Trust Directors to customize coaching of trust staff and lead solution development for client-specific issues.
Ø    Identify risk and develop recommendations and action plans to eliminate or mitigate that risk.
Ø    Identify process gaps/variations that could lead to opportunities to improve risk controls, reduce costs or enhance client service.
Ø    Establish, foster and maintain strong working relationships with peers and line management within the business unit to support an effective workflow and culture of continuous improvement.
Ø    Execute strategic and tactical programs to address and resolve current regulatory, Audit, Compliance or self-identified issues as well as evolving risks and other exposures to the Bancorp.
Ø    Serve as a voting member of the respective Regional Approval Groups and the IM&T Governance Committee.
Ø    Participate actively in the Risk Oversight Council and the Foundation Oversight Council.

Ø    Core Responsibilities
Ø    Develop consistent document interpretation, issue resolution, solutions to systemic administrative issues, policy and procedure interpretation, legal interpretation, account coding and account administration execution.
Ø    Perform necessary legal research for assigned regions
Ø    Receive, investigate and distribute complaints to Business Controls, Private Bank Legal Counsel and trust officers.  Participate in complaint resolution and drafting responses to clients.
Ø    Review legal documents including contracts, trust agreements, wills and non-judicial settlement agreements, and serve as liaison to Private Bank Legal Counsel if next level review is needed.
Ø    Consult with trust professionals across the Bancorp and within assigned regions regarding fiduciary issues and evolving client matters, which pose significant financial and/or legal risk to the Bancorp, in order to resolve those issuesefficientlyand effectively.
Ø    Collaborate with the Personal Trust line of business, Product Management, Risk, Compliance and Training to champion the implementation of various initiatives and ensure that all trust professionals have a consistent understanding of IM&T policies and procedures.
Ø    Design, implement and present annual fiduciary training sessions for all trust officers and specialists, and coordinate those programs with product manager and senior leadership.
Ø    Manage, oversee and monitor risk within the business case exception process.
Ø    Assist local Trust officers in resolving Compliance, Audit and regulatory exceptions.
Ø    Partner with Private Bank Legal Counsel (and external counsel, when necessary) to draft protective documentation and to manage threats and litigation.
Ø    Develop and implement a Resource Officer program to provide 1) expertise to trus