Technology Finance Sr. Product Analyst

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General Function

The Technology Finance Senior Product Analyst is responsible for working with the Product Manager to direct and facilitate the shipping of off-lease equipment. The Technology Finance Product Senior Analyst position is part of our Equipment Finance’s Technology Finance team.

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

• Determine bank’s future value risk by assigning future wholesale and/or residual values to equipment with direction from the Technology Finance Product Manager.
• Make purchasing/selling decisions that may impact bank profitability with partnership from the product manager team.
• In conjunction with the product manager team, research and identify markets, various products, and merchandising opportunities
• Work with the Technology Finance Product Manager to set up products and manage products and promotions.
• Identify correct equipment specifications to properly arrange and contract for freight shipments on the bank’s behalf.
• Coordinate freight purchase order processing with clients.
• Arrange and monitor freight shipments with clients and sales team.
• Work with customers and submit quotes for freight requests with special attention on split freight
• Submit freight purchase orders along with the rebilling of freight invoices and damage assessments.
• Responsible for maintaining real-time inventory and shipping schedule.
• Capture data and organize monthly, quarterly and annual reporting of sales and current sitting inventory per asset category. Provide analysis and recommendations bases off report results
• Communicate with customers to resolve open issues.
• Work directly with vendors
• Provide support to the identification, education and onboarding of our more complex vendors
• Negotiate with vendors on cost, volume, incentives, rebates, advertising, and other applicable allowances
• Pull vendor invoices and lease documentation from files to confirm proper equipment description
• Resolve issues such as missing or incomplete returned assets
• Evaluate current processes, identify and implement improved document and recording mediums (Shipping Forms, Inventory Reports).
• Update personal knowledge by participating in industry related educational opportunities, with a goal of providing input to aid in the research and identify markets, various products, and merchandising opportunities.
• Responsible for training and mentoring more junior Technology Finance Product Analysts.
• Various projects and other duties as assigned
  
  
  

Supervisory Responsibilities

None

Minimum Knowledge, Skills And Abilities Required

• Bachelor's degree required. Prefer degree in Business (e.g. Business Administration, Finance, Accounting)
• 3 years of experience in any combination of a) pre-owned IT or medical equipment market, b) equipment finance, or c) liquidation of moderate levels of remote inventory.
• 5 years of in person or telephonic interaction with clients in any capacity where they are solving customer issues or negotiating favorable outcomes.
• Excellent organizational skills that allow the ability to effectively prioritize workload and multi-task
• Excellent attention to detail
• Must have excellent oral and written communication skills
• Proficient in Microsoft Office Suite, particularly Word and Excel
• Self-motivated
• Must be persistent and resourceful
• Must possess a strong work ethic
• Works well with team members
  
  
  

Working Conditions

• Normal office environment with little exposure to dust, noise, temperature and the like.
• Extended time at desk and/or viewing computer screen.
  
  
  

All the above duties and responsibilities are essential job functions for which reasonable accommodation will be made. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. This position description is not to be construed as an exhaustive statement of duties, responsibilities or requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor, subject to reasonable accommodation.

Technology Finance Sr. Product Analyst

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Cincinnati, Ohio 45202

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

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.