• Job Description

  Req#: R42321

  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.

  2024 Asset Backed Finance Summer Internship

  Fifth Third Bank’s project-based Asset Backed Finance Summer Internship Program provides college students the opportunity to participate in a hands-on program supporting the Charlotte, NC market. This is a paid professional development opportunity where students will learn Fifth Third Bank’s business practices, operations, and procedures, and build skills you need to assume a permanent role at a commercial banking institution.

  This ten-week internship helps college students gain meaningful work experience and targeted educational opportunities to develop them as future organizational leaders and gain exposure to multiple business areas.

  Students will acquire on-the-job skills and an understanding of the real-life work environment, while developing a professional network that includes some of the best talent in the industry.

  You will be responsible and accountable for risk, encouraged to openly exchange ideas and opinions, elevate concerns, and follow policies and procedures to safeguard the company. Doing the right thing for customers and colleagues is key; you’ll ensure their actions and behaviors drive a positive customer experience, achieving real results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

  What You’ll Do

  Performs a wide range of complex analytical support functions. Apply analytical skills to provide high quality work product to support calling efforts of Asset Backed Finance deal team members in the originations process.
  
  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.

  Fifth Third Securities Overview

  Every company has different financial goals. Fifth Third Securities, a full-service firm within Capital Markets, offers a selection of investment banking services and capital markets solutions. Investment banking professionals guide clients to help determine the solutions that suit current and future needs. We have 200 investment banking and capital markets professionals with key offices in Cincinnati, Cleveland, Dallas, Chicago, Atlanta and Charlotte, focused on middle-market to large multinational corporations; non-investment grade to investment grade credit profiles; private and public companies; and for-profit and nonprofit firms. We offer summer internships and full-time opportunities with a mentorship program.
  
  ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Ability to find, research and assess financial information
  • Strong financial analysis skills, specifically credit based and corporate finance expertise
  • Broad understanding of public debt markets and willingness to expand knowledge base and develop expertise in markets
  • Develop familiarity with broad economic and market trends
  • Assist with database maintenance and underwriting of lending opportunities
  • Preparation of pitch materials and market updates for client meetings
  • Participate in accounting, business and legal due diligence calls for asset backed securities offerings and lending opportunities
  • Willingness to work long hours during busy periods
  • Work with ABF group, in addition to other corporate banking groups on deal team presentations
  • Build a network of colleagues within firm and externally to strengthen career

  Required Knowledge and Skills

  • Pursuing Bachelor’s degree with strong financial or business background
  • Graduation between December 2024 - May 2025
  • Minimum 3.0 GPA required
  • Excellent presentation skills, both oral and written
  • Strong analytical skills and an interest in financial analysis, corporate finance and financial markets
  • Good working knowledge of financial modeling and valuation
  • Exceptional verbal and written communication skills
  • Ability to draw conclusions based on financial data
  • Strong presentation and organization skills

  Candidates must be authorized to work in the U.S. without the need for employment-based immigration sponsorship now or in the future.

  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.

  Capital Markets 2024 Asset Backed Finance Summer Internship - Charlotte, NC

  LOCATION -- Charlotte, North Carolina 28202

  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.

• About the company

  Fifth Third Bank is a bank headquartered in Cincinnati, Ohio, at Fifth Third Center.

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