Director, ABS Sales

Posted 6 Days Ago
Be an Early Applicant
2 Locations
Senior level
Fintech
The Role
The Director of ABS Sales is responsible for managing profitable distribution of ABS securities to institutional clients. This includes developing and maintaining relationships, generating revenue, providing market feedback, and leading a team. The role requires collaboration across Capital Markets and deep knowledge of ABS products and trends.
Summary Generated by Built In

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:

Responsible for developing and maintaining profitable distribution of ABS securities to an assigned investor base through sales of primary and secondary ABS investment products to institutional clients.

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 ensure 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 & RESPONSIBILITIES:

  • Develop and maintain customer relationships through prospecting and account maintenance activities. Focus on Investors that transact in Consumer, Transportation, Esoteric and developing ABS asset classes.
  • Build relationships within Capital Markets and the ABS DCM Group.
  • Provide manager with monthly recap of activity and developmental needs.
  • Maintain deep knowledge on new products and industry trends.
  • Develop new and creative approaches to customer relationship building.
  • Develop understanding of middle office and back-office operations that support sales effort, and establish a working relationship with those personnel.
  • Provide market feedback to fixed income traders and syndicate.
  • Generate revenue at level exceeding goal determined by Sales Manager.
  • Make customer/prospect referrals to other corporate calling officers and document same.
  • Represent department at seminars, trade shows, industry forums.
  • Provide manager with revenue generation/cost savings ideas.
  • Based on vertical, provide thoughts on investor buyer base and deliver new accounts/key impact to processes involving investor sentiment, preferences, needs

SUPERVISORY RESPONSIBILITIES:

This role may be responsible for leading a team.  Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.

MINIMUM KNOWLEDGE & SKILLS REQUIRED:

  • Bachelors degree in Accounting or Finance or Business related field. MBA or CFA preferred.
  • 8-10 years experience in ABS Sales and/or ABS Banking.
  • Thorough knowledge of and ability to use software programs such as Word, Excel, PowerPoint and Bloomberg
  • Solid client/investor relationships developed
  • Securities Industry Essentials (SIE), Series 7, 63 required.

At Fifth Third Bank, we understand the importance of rewarding our employees for their hard work and dedication, therefore, our Total Rewards offering includes a differentiated compensation package and comprehensive benefits.

Benefits:

Our benefits programs are designed to support the health, happiness, and financial well-being of our employees and their families. Your benefits will include access to comprehensive medical, dental, and vision coverage, a 401(k) plan and employee stock purchase plan that both offer a generous employer match, flexible paid time off, comprehensive leave programs, and unique benefits to support your overall mental and physical wellness. For additional details, please contact your recruiter.

Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. More information can be obtained upon request.

Director, ABS SalesCompensation for this position is largely incentive-based. Incentives are combined with either a base salary or a draw, resulting in total cash compensation. More information can be obtained upon request.LOCATION -- New York, New York 10020

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.

Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
Cincinnati, OH
20,258 Employees
On-site Workplace

What We Do

At Fifth Third Bank, we are always listening to new ideas so that we can strengthen our commitment to you and the communities we serve.

Similar Jobs

Chamberlain Group Logo Chamberlain Group

Senior Financial Analyst, FP&A

Automotive • Hardware • Internet of Things • Mobile • Software • App development • PropTech
Hybrid
Oak Brook, IL, USA
5637 Employees
82K-133K Annually

ZS Logo ZS

Senior Finance Analyst - FP&A - Transformation

Artificial Intelligence • Healthtech • Professional Services • Analytics • Consulting
Hybrid
Chicago, IL, USA
13000 Employees

ZS Logo ZS

Senior Finance Associate - Controllership Transformation

Artificial Intelligence • Healthtech • Professional Services • Analytics • Consulting
Hybrid
Chicago, IL, USA
13000 Employees

Kraft Heinz Logo Kraft Heinz

Associate Finance Director, Growth Finance - Hydration & Desserts

Big Data • Cloud • Food • Machine Learning • Software • Database • Analytics
Hybrid
Chicago, IL, USA
38000 Employees
159K-199K Annually

Similar Companies Hiring

EDGE Thumbnail
Software • Fintech • Financial Services • Analytics
Chicago, IL
20 Employees
Bectran, Inc Thumbnail
Software • Machine Learning • Information Technology • Fintech • Automation • Artificial Intelligence
Schaumburg, IL
51 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account