Full-Time

Community Impact Manager

Posted on 10/31/2025

Deadline 11/21/25
Fifth Third Bank

Fifth Third Bank

10,001+ employees

Banking, loans, mortgages, and wealth management

No salary listed

Nashville, TN, USA

In Person

Category
Finance & Banking (1)
Requirements
  • 3-5 years' experience in implementing/managing Community Reinvestment Act /community development related strategies
  • In depth knowledge of laws and regulations related to the Community Reinvestment Act
  • Large bank experience with Community Reinvestment Act related consumer products and services, small business banking and/or community development lending, including Community Reinvestment Act qualified tax credit initiatives, preferred
  • Ability to analyze Community Reinvestment Act performance and market data as well as prepare qualitative and quantitative assessments and effectively communicate results to varying levels within the organization
  • Strong project management skills required to develop and implement project/initiative plans across assigned assessment area(s)
  • Effective written and oral communication skills required, with the ability to interface with internal and external stakeholders and community partners
  • Knowledge of Microsoft Office products, Word, Excel, PowerPoint and SharePoint required
  • Ability to work independently as well as with a team, to identify opportunities and solutions that contribute to the banks Community Reinvestment Act performance
  • Ability to analyze and interpret information to drive CRA performance
  • Ability to execute and lead implementation of community and economic development strategies across various lines of business
  • Prior regulatory experience is preferred
  • Bachelor's degree required
Responsibilities
  • Assess community needs and execute on the banks strategy to build strong communities ensuring alignment with the community and economic development vision and priorities
  • Develop and implement strategies to remediate CRA performance gaps to achieve outstanding CRA performance rating
  • Develop and lead relationships with key community partners and nonprofit organizations as well internal region and Bancorp leaders and partners in marketing and communications, corporate social responsibility, government relations, businessresourcegroups and the Fifth Third Foundation
  • Develop and maintain a strong network of community development stakeholders and partners, as well as centers of influence for engagement in community development and other Community Reinvestment Act related efforts
  • Develop and lead partnership opportunities between Fifth Third Bank employees and community based organizations that assist the Bank in meeting its CRA performance objectives
  • Lead the development of the regions community and economic development market execution plan strategies and initiatives to accomplish CRA performance goals for assigned assessment area
  • Represent the bank and exhibit market leadership in the community, projecting a positive image to, leader, includes serving on boards/ committees/taskforces that support low and moderate income communities and attend community events relatedtoCommunity Reinvestment Act /community development
  • Work with internal business partners to drive engagement of region associates in community development initiatives
  • Build Community Reinvestment Act related business development relationships through consistent calling efforts on existing and prospective customers in partnership/coordination with line of business partners
  • Lead community development related activities as a visible representative of Fifth Third Bank in the community
  • Identify and evaluate community and economic development partnerships and impact of the banks philanthropic investments and nonprofit sponsorships
  • Contribute to the company's Community Reinvestment Act (CRA) exam by ensuring programs and initiatives support and or benefit low and moderate income (LMI) communities
  • Facilitate the activation of community and economic development sponsorship requests and partnerships
  • Manage the regional charitable contributions budget and local giving council to ensure charitable investments align with the banks strategic priorities
  • Establish and maintain a network of market community development intermediaries (including government agencies), non-profit and for-profit organizations
  • Complete compliance training requirements
  • Understand and promote the use of community development/reinvestment programs/initiatives/subsidies available that advance the region's community development lending and position the region as a market leader in community reinvestment matters
Desired Qualifications
  • None

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

Simplify Jobs

Simplify's Take

What believers are saying

  • Newline fee revenue grows 53% in 2025 via fintech partnerships.
  • $700M Texas expansion targets 250 branches by 2029, averaging $25M deposits.
  • Comerica acquisition boosts assets to $297B, revenue up 33% year-over-year.

What critics are saying

  • Comerica integration disrupts systems in September 2026, causing deposit outflows.
  • Multifamily lending triggers credit losses from rising vacancies in 6-12 months.
  • Texas branches underperform versus JPMorgan Chase, writing down $700M investment.

What makes Fifth Third Bank unique

  • Fifth Third's Newline platform enables embedded banking for Stripe and Trustly.
  • Acquired $1.8B Fannie Mae DUS business, joining 24 authorized multifamily lenders.
  • Ranked best mobile banking app in 2025 J.D. Power survey.

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Benefits

Health Insurance

Paid Sick Leave

Paid Holidays

Performance Bonus

Flexible Work Hours

Company News

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Yahoo Finance
Apr 3rd, 2026
Fifth Third's embedded banking platform Newline grows fee revenue 53% in 2025

Fifth Third's embedded banking platform Newline generated 53% year-over-year fee revenue growth in 2025, making it the fastest growing segment of the bank's commercial payments business. The platform allows fintechs and third-party clients to build payment and banking products on Fifth Third's infrastructure. Key partnerships added in 2025 included Stripe, Trustly, ADP and Corepay. Stripe uses Newline for its treasury platform, whilst Trustly relies on it for digital payment infrastructure including ACH and real-time payments. Corepay receives BIN sponsorship and card programme services. Founded in 2021, Newline defines its services across three tiers: embedded payments for payment capabilities, embedded banking for fund storage, and embedded finance for credit facilities. JPMorgan analysts identified cross-selling opportunities with Comerica's clients following its acquisition as a significant growth prospect.

Yahoo Finance
Apr 3rd, 2026
Fifth Third Bancorp down 4.2% after Q4 results as regional banks face fintech and commercial real estate headwinds

Regional banks reported a satisfactory fourth quarter, with the 95 stocks tracked beating revenue consensus estimates by 1.6%. However, the sector has collectively declined 2.5% on average since earnings results. Fifth Third Bancorp reported revenues of $2.35 billion, up 5% year-on-year, meeting analysts' expectations. The quarter delivered mixed results, with the company beating tangible book value per share estimates but missing net interest income forecasts. Shares have fallen 4.2% since reporting and currently trade at $47.12. Regional banks face headwinds from fintech competition, deposit outflows and credit deterioration during economic slowdowns. The sector benefits from rising interest rates improving net interest margins and digital transformation reducing operational expenses. Recent concerns about regional bank stability following high-profile failures present additional challenges.

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Mar 26th, 2026
Fifth Third Bancorp Q1 earnings preview: analysts expect $0.87 EPS, up 19% YoY

Fifth Third Bancorp, a Cincinnati-based bank with a $41.5 billion market cap, is set to report fiscal Q1 2026 results on 17 April. Analysts expect earnings of $0.87 per share, up 19.2% year-over-year, with the company having exceeded estimates in its last four quarters. For fiscal 2026, analysts project EPS of $4.07, rising 12.1% from the previous year, with further growth to $4.97 expected in fiscal 2027. FITB shares have gained 13.2% over the past 52 weeks, outperforming the Financial Select Sector SPDR ETF's nearly 2% decline. The stock rallied in January following strong Q4 2025 results and optimistic net interest income guidance of $8.6 billion to $8.8 billion. Analysts maintain a "Strong Buy" consensus rating with an average price target of $57.14.

INACTIVE