Manager

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. About The Role The Manager, Closely Held Assets supports the management and oversight of closely held and other nonmarketable assets held within fiduciary structures, including trusts, estates, and foundations. This role focuses on executing day‑to‑day portfolio management activities while ensuring adherence to fiduciary, regulatory, and risk standards. The Manager is responsible for evaluating, monitoring, and administering a portfolio of low‑to‑moderate‑complexity closely held assets, including minority interests in limited partnerships (LPs), limited liability companies (LLCs), and privately held corporations. This role partners with senior team members and internal stakeholders to support asset management decisions, valuations, and transactions. Your Responsibilities Portfolio Management & Administration: Manage a portfolio of closely held business interests, supporting investment reviews, valuations, and ongoing monitoring activities. Financial Analysis: Analyze financial statements, company performance, and industry trends to assist in assessing risk and determining asset value. Corporate Actions & Transactions: Support the evaluation and execution of corporate actions, including proxy votes, reorganizations, and asset sale transactions. Client & Advisor Engagement: Communicate with clients, trust officers, and professional advisors regarding asset performance and administrative updates. Risk & Fiduciary Compliance: Ensure adherence to governing documents, fiduciary standards, and regulatory requirements; elevate risks or issues as appropriate. Operational Execution: Coordinate documentation, tracking, and reporting related to asset activities, ensuring accuracy and timeliness. Cross‑Functional Collaboration: Partner with internal teams including risk, legal, tax, and operations to support asset management and issue resolution. Other Duties: Perform other duties as assigned, adapting to evolving business needs and priorities. Minimum Requirements Bachelor’s degree in Finance, Accounting, or related field. Minimum of 5 years of relevant work experience in commercial credit, business analysis, trust administration, or similar field. Required Skills Financial Analysis: Ability to interpret financial statements and assist in determining the value of privately held business interests. Portfolio Management: Experience supporting management of investment portfolios or financial assets. Client Communication: Ability to communicate effectively with internal partners and external stakeholders. Attention to Detail: Strong organizational skills with the ability to manage multiple priorities and deadlines. Skills For Success Analytical Thinking: Ability to assess moderately complex financial and operational data. Problem Solving: Ability to identify and elevate issues with sound judgment. Collaboration: Ability to work effectively across teams and functions. Communication: Strong written and verbal communication skills. Client Focus: Commitment to delivering high‑quality service and maintaining strong relationships. Doing The Right Thing Our employees take pride in doing the right thing for customers and colleagues as well as being accountable for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures that protect all our valuable assets—including you. Manager, Closely Held Assets Total Base Pay Range 71,100.00 - 145,900.00 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: or by consulting with your talent acquisition partner. LOCATION -- Naples, Florida 34108 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. #J-18808-Ljbffr