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Fifth Third Bank

Fifth Third Bank

Banking, loans, mortgages, and wealth management

2027 Financial Audit Intern

Summer 2027Deadline 9/30/26
No salary listed
Internship
Bachelor's
Cincinnati, OH, USA
In Person
No H1B Sponsorship

About the job

Requirements
  • Candidates must have a strong academic record with a targeted minimum 3.0 cumulative GPA and an interest in pursuing a career in banking.
  • Candidates must be rising seniors graduating in December 2027 or May 2028.
  • Candidates must be authorized to work in the United States without needing employment-based immigration sponsorship now or in the future.
  • Candidates must demonstrate relevant internship or work experience, strong written and verbal communication skills, critical thinking, leadership, business acumen, relationship building, and teamwork through extracurricular activities, work experience, or academic pursuits.
  • Candidates must demonstrate entry-level use and basic familiarity with Microsoft Office applications, including Word, Excel, PowerPoint, and Outlook, and show aptitude to learn additional software applications as required by the internship.
  • Candidates must possess professional customer service skills and be able to respond to standard requests from internal and external customers.
  • Candidates must be able to solve routine problems by following defined procedures.
  • Candidates must be capable of managing their own time to meet deadlines set by the Manager and Assignment Leader.
  • Candidates must be capable of completing work with direction, guidance, and instructions from others.
  • Candidates must be able to perform and communicate effectively, choosing the most effective communication method such as meetings, fax, phone, or email, and responding quickly to requests.
  • Candidates must be able to convey a positive first impression and develop positive working relationships with co-workers.
Responsibilities
  • Perform assignments as determined by the Assignment Leader.
  • Perform assigned projects using project management skills to manage and report project status.
  • Participate in community volunteerism projects.
  • Participate in leadership development activities, including training classes and speaker series, to supplement on-the-job learning.
  • Deliver a formal presentation to line-of-business or division leaders.
  • Build a network of resources within the assigned line of business, division, or across functions.
  • Communicate effectively with others using strong verbal and written communication skills.
  • Perform all work in accordance with established safety procedures.
  • Perform any other duties as assigned.
Desired Qualifications
  • A major in Finance, Accounting, Economics, Business, or a related degree is preferred.

About the company

Fifth Third Bank offers banking products and services for individuals, small businesses, and commercial clients, including deposits, loans, mortgages, insurance, and wealth management. Customers access these offerings through branches and online platforms (53.com), with advisory services for investment and retirement planning. The bank earns revenue from interest on loans, banking fees, and commissions from insurance and investment products. Its goal is to provide comprehensive financial solutions and support community financial education while growing through a mix of fees, interest, and advisory revenue.

Company Size

10,001+

Company Stage

IPO

Headquarters

Cincinnati, Ohio

Founded

1858

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Simplify's Take

What believers are saying

  • September 2026 conversion gave former Comerica customers access to Fifth Third's full product suite.
  • Management said Q3 2026 net interest income and fee income tracked at the upper end.
  • Payload investment on August 24, 2026 expands embedded finance reach beyond simple payments.

What critics are saying

  • September 9, 2026 Comerica customers reported login failures and long hold times after conversion.
  • CFPB action for auto-lending discrimination and credit card abuses still stains Fifth Third's brand.
  • Fitch affirmed A- on September 11, 2026, but downgraded debt after Category III threshold crossing.

What makes Fifth Third Bank unique

  • September 8, 2026 Comerica conversion made Fifth Third a $300B, 1,500-branch national bank.
  • Newline generated over $1 billion fee revenue in 2025, anchoring embedded payments leadership.
  • Fifth Third led Rightfiber's $1.6 billion credit facility on September 2, 2026.

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Benefits

Health Insurance

Paid Sick Leave

Paid Holidays

Performance Bonus

Flexible Work Hours

Company News

Proximo Infra
Sep 9th, 2026
Rightfiber secures $1.6B credit facility to fund fibre infrastructure growth

Rightfiber has secured a $1.6 billion credit facility led by Fifth Third Bank to support its organic growth strategy. The newly formed fibre infrastructure platform announced the facility alongside the strategic merger of Ritter Communications and Great Plains Communications. The significant credit line will enable Rightfiber to expand its fibre network infrastructure across its operating regions. The combination of the two telecommunications companies creates a larger platform for deploying broadband services. Fifth Third Bank is leading the syndicated credit facility, which represents one of the substantial financing arrangements in the telecommunications infrastructure sector recently.

Associated Press
Sep 8th, 2026
Fifth Third completes Comerica conversion, creating $300B bank with 1,500 branches across US

Fifth Third Bancorp has completed the technical conversion of approximately 600,000 customer accounts and 293 banking centres from Comerica across Arizona, California, Florida, Michigan, and Texas. The integration, executed over Labour Day weekend, finalises the merger that began on 1 February 2026. The combined entity is now the ninth-largest US bank with over $300 billion in assets and operations in 17 of the 20 fastest-growing large US metropolitan areas. Its retail footprint reaches more than half of the US population through approximately 1,500 branches and 21,300 ATMs. In Texas, Fifth Third operates 107 financial centres and plans to invest nearly $1 billion over the next five years, including opening 150 new centres by 2029. By 2030, the bank expects to operate approximately 1,750 branches.

FinanzNachrichten.de
Sep 7th, 2026
Collinson Group secures £350 million financing to accelerate £500 million growth strategy

Collinson has secured £350 million of new financing, reflecting strong confidence in the Group's performance and strategyWith record financial results and growing global demand across travel

MarketScreener
Aug 31st, 2026
Deckers Outdoor amends credit agreement, increases revolving facility to $500M

Deckers Outdoor Corporation and its subsidiaries have amended their credit agreement, increasing their unsecured revolving credit facility to $500 million. The amendment extends the maturity date to 27 August 2031 and removes Deckers Benelux B.V. as a borrower. The amended facility, arranged by Citibank, HSBC, and Fifth Third Bank, will be used for working capital and general corporate purposes. Interest rates are based on various benchmarks plus a margin of 1.00% to 1.50% per annum, depending on the company's leverage ratio. Commitment fees have been reduced to 0.10% to 0.175% per annum on unused amounts. The original credit agreement was established in December 2022 with Citibank as administrative agent.

Yahoo Finance
Aug 21st, 2026
Fifth Third invests in Payload to expand embedded payments beyond simple transactions

Fifth Third has invested in Payload, an embedded finance company specialising in complex multi-party payments for sectors like real estate, law firms, and construction. The investment amount was not disclosed. The bank operates its own embedded payments division, Newline, which generated over $1 billion in fee revenue in 2025. Newline serves major clients including Stripe, Trustly, and ADP, expecting to process more than $25 trillion in payment volume in 2026, up from $9 trillion in 2016. JPMorgan notes that Newline drives significant deposit growth for Fifth Third, with the bank targeting annual deposit increases of 35-50% through the division. The Payload investment expands Fifth Third's embedded payments reach without an acquisition.