Business Controls Analyst

As a Business Controls Analyst at Fifth Third Bank, you will contribute your knowledge of financial systems and processes to evaluate and mitigate risk across the bank. You will ensure the bank’s business functions are in accordance with all applicable policies, regulations, and laws. You will bring your passion for problem-solving and your eye for detail to this role.To be successful in this role, you will need a Bachelor’s degree in accounting, finance, or a related field and at least three years of experience in financial analysis or risk management. Additionally, you must have excellent written and verbal communication skills and the ability to work independently with minimal supervision. Proficiency in Microsoft Office Suite is also required.

Responsibilities:

1. Evaluate and mitigate risk across the bank.
2. Ensure the bank’s business functions are in accordance with all applicable policies, regulations, and laws.
3. Utilize knowledge of financial systems and processes to improve internal controls.
4. Develop and implement strategies to identify potential areas of risk.
5. Analyze financial data and present findings in a clear and concise manner.
6. Prepare reports for senior management and other stakeholders.
7. Monitor compliance with laws, regulations, and policies.
8. Participate in internal and external audits.
9. Monitor and investigate any identified discrepancies or suspicious activity.
10. Provide guidance and advice to business units on risk management best practices.
11. Communicate effectively with stakeholders regarding control issues.
12. Maintain up-to-date knowledge of financial industry regulations and trends.
13. Identify opportunities for improvement in current processes.

According to JobzMall, the average salary range for a Business Controls Analyst in Cincinnati, OH, USA is between $45,000 and $85,000. This range is based on factors such as experience, qualifications, company size, and industry.

Fifth Third Bank is a bank headquartered in Cincinnati, Ohio, at Fifth Third Center. Its main businesses are Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management.