Consumer Lending Data Analyst

Job description

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.




This position is based in Cincinnati, Ohio 4 Days in office at 5/3 Bank Madisonville Office Building.

We are unable to do remote.


This role will be focused on data analytics for our home equity line of business.


GENERAL FUNCTION: Responsible for developing analytics and reporting that helps the line of business manage its pricing strategy to meet or exceed revenue goals and capitalize on market share in accordance with corporate goals and objectives.

Focus on providing value-added analysis and

recommendations to support business growth.


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:


+ Lead the development and implementation of best practice pricing by creating and defining the tools, process, guidelines, and standardized reporting that will help define a pricing strategy, set prices, and execute pricing plans to achieve revenue, profit and market share goals.

+ Collaborate with internal partners when appropriate to develop process and analytics that are needed to strengthen baseline pricing recommendations that drive bottom line results.

+ Ensure timely & actionable reports are provided to leadership team, on routine or ad-hoc basis, that story tells product positioning through data visualization and quantitative and qualitative analysis.

+ Produce reporting that helps the LOB operate and monitor performance and KPIs related to profitability production, as well as provide forecasting of future performance.

+ Conduct competitive analysis to assess competitor impacts to localized pricing and promos, market share, and product features / benefits.

+ Define data requirements and resources to support analysis and reporting of overall pricing effectiveness.

+ Synthesize and interpret pricing analytics and present recommendations.

+ Update and monitor pricing posted and communicated across multiple channels.

+ Support continuous improvement of pricing processes.


+ Apply advanced analytical thinking to key pricing issues, including but not limited to the development of demand curves and price elasticity calculations.

+ Improve the use of predictive analytics to proactively manage price

+ Ensures daily pricing in systems is consistent with published rates, importing pricing information and verifying accuracy.

+ Quantify value of products against competitor offerings

+ Create an executive reporting dashboard to communicate impact of pricing decisions


MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

+ Bachelor's Degree in Statistics, Mathematics, Economics, or equivalent experience required

+ 3-5 years experience in retail, analysis or pricing preferred

+ Proficient in a wide range of analytical, quantitative, and statistical techniques and tools to derive insights from large, complex data environments

+ Exceptional ability to extract strategic insights from large data sets

+ ffice computer skills required; preference for Microsoft application experience

+ Advanced Excel skills required

+ Experience with statistical analysis software packages (e.g., SAS) required

+ Excellent communication skills: listening, verbal and written

+ Strong organizational, planning, and time management skills

+ Strong work ethic complemented with a positive, can-do attitude

+ Ability to learn company systems and tools


Consumer Lending Data Analyst


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 -- Cincinnati, Ohio 45227

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.

Required Skill Profession

Other General