Business Controls Associate - Commercial Lending

At Fifth Third Bank, we are looking for a Business Controls Associate - Commercial Lending to join our team. We are looking for someone who is highly motivated, organized and passionate about financial services. This individual will serve as a key resource in the area of Commercial Lending, helping to ensure that our business operations are compliant with all applicable laws, regulations and Fifth Third Bank policies.To be successful in this role, you must have a Bachelor's degree in Business, Finance or Accounting, plus at least two to three years of experience in a compliance, operational risk or internal audit role. Experience in the financial services industry and knowledge of commercial lending regulations and best practices is a plus. You must also be highly organized and able to work independently in a fast-paced environment. You should possess strong analytical and problem-solving skills, as well as excellent written and verbal communication skills.If you are excited about the prospect of helping to ensure that our business operations are compliant with laws, regulations and policies, then this might be the perfect opportunity for you. We look forward to hearing from you!

Responsibilities:

1. Monitor and analyze the operations of commercial lending activities to ensure compliance with all applicable laws, regulations and Fifth Third Bank policies.
2. Identify and report any potential compliance violations and provide recommendations for corrective action.
3. Develop and implement plans to remediate any identified compliance issues.
4. Maintain up-to-date knowledge of commercial lending regulations and best practices.
5. Prepare regular compliance reports for management.
6. Assist with the development and implementation of internal controls and policies.
7. Provide guidance and training to staff on regulatory compliance issues.
8. Assist with internal and external audits.
9. Respond to requests from regulatory bodies.
10. Participate in special projects and other duties as assigned.

According to JobzMall, the average salary range for a Business Controls Associate - Commercial Lending in Grand Rapids, MI, USA is $45,000 - $70,000. This range is based on factors such as experience, qualifications, and the current market rate for the position.

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.