Commercial Account Specialist – BCM Transaction Execution

Summary

Fifth Third Bank is a banking institution seeking a Commercial Account Specialist to support commercial transaction execution. The role manages documentation, deal tracking, settlement and accounting workflows, regulatory correspondence, stakeholder coordination, reporting, and administrative support for newly issued securities.

Responsibilities

• Manage the end-to-end documentation process and maintain active trackers (Excel) for all deal pipelines and communications
• Handle all administrative, logistical and regulatory day-to-day workflow correspondence with accuracy and speed, ensuring compliance with all policies and procedures
• Resolve logistical bottlenecks, process delays, and compliance issues swiftly
• Coordinate back-office deal lifecycle including tracking of newly issued securities, processing of initial and final settlement and accounting
• Maintain compliance with approval policies
• Coordinate with multiple stakeholders including internal deal teams, syndicate, and other operations group to ensure proper deal approval, timely execution and accurate reporting
• Conduct call-back verifications for syndicate members and coordinate approval workflows for internal deal teams
• Liaise with syndicate banks to confirm fee allocations, expenses, and receivables or payables. Coordinate deal-related wires with syndicate banks and accounting and resolve discrepancies
• Partner with accounting on daily reporting, reserve requirements
• Assist with internal reporting functions, expense tracking and submission and deal maintenance and set-up in the internal client customer relationship management system
• Perform special projects as assigned

Skills

• Bachelor's degree required in Accounting, Finance, Economics, or Business
• 2+ years of experience in accounting, finance, audit, or similar
• Strong analytical skills, attention to detail and effective communication to help manage high-volume transactions and coordinate with multiple stakeholders
• Excellent organizational and multitasking ability to prioritize high-volume tasks and track multiple moving parts
• Strong interpersonal and relationship building skills
• To perform this job successfully, an individual should have intermediate knowledge of Outlook and Excel spreadsheet software. Proficient with technology and ability to learn new applications
• Familiarity with capital markets, deal origination workflows, high volume transaction settlements, regulatory compliance tools and Bloomberg is a plus

Qualifications

Must Haves

• Bachelor's degree required in Accounting, Finance, Economics, or Business
• 2+ years of experience in accounting, finance, audit, or similar
• Strong analytical skills, attention to detail and effective communication to help manage high-volume transactions and coordinate with multiple stakeholders
• Excellent organizational and multitasking ability to prioritize high-volume tasks and track multiple moving parts
• Strong interpersonal and relationship building skills
• To perform this job successfully, an individual should have intermediate knowledge of Outlook and Excel spreadsheet software. Proficient with technology and ability to learn new applications

Nice to Haves

• Familiarity with capital markets, deal origination workflows, high volume transaction settlements, regulatory compliance tools and Bloomberg is a plus

Benefits

• Eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
• Extensive benefits programs designed to support the individual needs of employees and their families, encompassing physical, financial, emotional and social well-being.