Fifth Third Bank Internship Programs: Launching Your Career

Fifth Third Bank offers a variety of internship programs designed to connect talented individuals with valuable opportunities. These programs provide students with hands-on experience, mentorship, and a chance to develop crucial skills for a successful career in the banking industry. Fifth Third Bank’s ambition is to be the One Bank people most value and trust. They connect great people to great opportunities.

A Commitment to Talent Development

At Fifth Third, the belief is that individual strengths drive collective success. The bank is committed to understanding career goals, cultivating talents, and supporting the success of its employees. This commitment extends to its internship programs, which are designed to provide meaningful work experience and develop future organizational leaders. The bank celebrates individual talents and keeps its customers at the center of everything it does.

Diverse Internship Opportunities

Fifth Third Bank offers internship opportunities across various areas of its business, catering to students with diverse academic backgrounds and career interests. These programs are structured to provide comprehensive on-the-job training, supplemented by educational opportunities focused on banking, business, financial technology, leadership, and team-building skills. The internship program is structured in a 10 week format over the course of the summer.

Here's an overview of some of the key internship programs:

Audit Leadership Program (ALP)

The Audit Leadership Program aims to develop future leaders who can effectively manage people and processes within an audit environment. Interns in this program conduct independent and objective assessments of Fifth Third's business processes, risk management activities, and systems. The Audit Division conducts independent and objective assessments of Fifth Third's business processes, risk management activities and systems. Results are utilized by management to implement enhancements, resulting in improvements to Fifth Third's internal control environment, business performance and customer service. The program offers opportunities in Financial Audit and IT Audit.

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Ideal Majors: Accounting, Finance, Management Information Systems, Computer Science

Commercial and Credit Leadership Program (CAP)

This program focuses on developing future leaders who can deliver services and solutions to Fifth Third's commercial banking clients. The Commercial Leadership Program (CAP) will develop the skills necessary to assess the needs of corporate clients and determine how to best serve them. Interns experience rotations through various groups in Credit, Capital Markets, Treasury Management, and Sales and Relationship Management. Participants focus on analyzing client financial statements, financial modeling, assessing risk, and underwriting, with a focus on client interaction.

Ideal Majors: Finance, Economics, Accounting

Consumer Leadership Program (CLP)

The Consumer Leadership Program is geared towards creating future leaders who can manage people and processes in a revenue-generating environment. The Consumer Bank works together as one unit to coordinate the delivery of deposit products, mortgages, auto loans, home equity loans, credit cards, and other consumer products. Interns lead teams, manage projects, and implement process improvement strategies to generate efficiencies for the bank while enhancing the customer experience.

Ideal Majors: Marketing, Management, Finance, Communications

Finance & Accounting Leadership Program (FALP)

This program aims to develop future leaders who can drive financial performance and growth across the organization while ensuring financial regulatory compliance. Participants will be responsible for delivering timely, accurate, and relevant fiscal information to support key business initiatives. Interns gain exposure to the corporate profit planning process, accounting policies and procedures, financial reporting and compliance processes, and external relationships with the investment banking community.

Ideal Majors: Accounting, Finance, Economics

Information Technology Leadership Program (ITLP)

The ITLP focuses on creating future leaders who can drive value for the company by building customer-centric service delivery models through the integration of technologies, data, and processes. Participants will apply technical skills and expertise to projects that provide Information Technology services to users and/or customers with varied levels of complexity. They will gain exposure to IT activities conducted across business lines, Technology Risk Management Services, and Enterprise, Wholesale or Retail Applications. Our customers' trust is earned through the effective delivery of resilient, secure products and services while balancing business needs with industry and regulatory requirements.

Ideal Majors: Information Systems, Computer Science, and other related majors

Operations Leadership Program (OLP)

This program aims to develop future leaders who can manage people and processes in an operational environment, handling back-office and contact center services for nearly six million customers. Our objective is to operate as an efficient, behind-the-scenes machine to allow transactions to be seamlessly executed and to optimize every customer interaction for our internal and external customers. Interns build a solid foundation of critical skill sets such as supervisory, customer experience, operational excellence, and process improvement.

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Ideal Majors: Management, Operations, Marketing, Communications

Risk Management Leadership Program (RLP)

The Risk Management Leadership Program aims to develop future leaders with a strong foundation in risk management. The two-year Risk Management Leadership Program provides exposure to eight risk categories and offers challenging rotational assignments developing skills in program development and governance, monitoring, verification/testing, reporting and oversight and effective change. Interns will be given an assignment similar to a RLP rotation, but scaled appropriately for the internship.

Ideal Majors: All business degrees with an interest in risk management

Wealth and Asset Management Leadership Program (WAMLP)

This program focuses on creating future leaders who are committed to providing smart financial solutions to clients. The Investment Advisors Division is comprised of Fifth Third Private Bank, Fifth Third Securities, ClearArc Capital, and Fifth Third Institutional Services. Interns gain exposure to the foundational structure of investment advisory services and work to provide products and services to both individual and corporate clients of the Bank.

Ideal Majors: Finance, Economics

Syndicated Leveraged Finance Internship Program

Fifth Third Bank’s project-based Syndicated Leveraged Finance Internship Program provides college students the opportunity to participate in a hands-on program supporting the group in Charlotte, NC. Students will perform a wide range of complex analytical, valuation and financial modeling analyses and assists in development of presentation materials to support the pitching and execution of leveraged finance transactions. Requires highly skilled quantitative, analytical and communication skills, along with the ability to work well under pressure and tight deadlines. Requires the ability to synthesize large amounts of information to help senior members of the deal team develop innovative client solutions.

Core Responsibilities and Expectations

Interns at Fifth Third Bank are expected to be responsible and accountable for risk, encouraged to openly exchange ideas and opinions, elevate concerns, and follow policies and procedures to safeguard the company. During the internship, students will work on projects with their respective groups, receiving feedback and performance evaluations based on accuracy, completeness, and through meeting applicable deadlines.

Compensation

Fifth Third Bank offers a competitive base salary that is reflective of the range of salary levels for all roles within this pay grade across the US.

Minimum Skills and Experience

While specific requirements may vary depending on the program, generally, successful candidates for Fifth Third Bank internships possess the following:

Strong academic record (minimum 3.0 cumulative GPA)
Strong written and verbal communication skills
Previous internship and/or co-op experience is preferred
Demonstrated proficiency in critical thinking, leadership, business acumen, relationship building, and teamwork

To qualify, applicants must be legally authorized to work in the United States and should not require, now or in the future, sponsorship for employment visa status. A bachelor's degree upon graduation is typically required, although master's degree students with limited prior professional experience are also encouraged to apply.

How to Apply

Fifth Third Bank actively recruits on college campuses. Formal applications for the Summer program will open later in the spring.Discover a career in banking at Fifth Third Bank.

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