Principal Review Specialist -Virtual Footprint - Virtual - Ohio

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:

Performs brokerage and insurance regulatory sales supervision functions for the broker-dealer and insurance agency subsidiaries of the Bancorp. Mitigate risk of loss and regulatory risk incurred by Fifth Third Securities.

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:

• Approves or rejects a subset of business processes including rollovers, securities and / or insurance transactions for the broker-dealer, investment advisor and insurance agency.
• Determines whether transactions are in conformance with regulatory requirements, as well as firm and industry standards.
• Determines whether recommended securities and/or insurance transactions are suitable for, and in the best interest of, the client.
• Seeks additional information and related follow-up to evidence the review process, in conformance with requirements.
• Assists with regulatory exams and requests; assists with the maintenance of the department procedure manual.
• The sales supervision review process includes but is not limited to the following: reviewing all variable insurance products and fixed annuities including Variable and Indexed annuities, Variable Universal Life, Long Term Care Products and Immediate Annuities.
• As assigned, reviews all other securities products that appear on the respective blotters including but not limited to Stock, ETF's, Mutual Funds, UIT's, Structured Products, Bonds …