Fifth Third Bancorp Creates 100 New Tech Jobs, Salary Packages Worth More Than $100,000 Each
March 23 2016 - 10:32AM
Business Wire
As Bank Expands Data and Digitization Work,
Need for Strong Technology Talent Continues
Fifth Third Bancorp is creating 120 new jobs in its rapidly
expanding Information Technology division, adding to the 80 tech
employees the Bank already hired in the past five months.
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Ryan Klein, developer; Tara White,
business systems analyst; Ben Rottinghaus, app development manager;
Justin Jemison, senior developer; Geetha Kapahi, lead business
analyst, meet to talk about what’s next in mobile development at
Fifth Third Bancorp. (Photo: Business Wire)
These roles will help the bank continue to accelerate delivering
the best customer experience in the mobile and digital space. The
Bank is recruiting developers, business systems analysts and
project managers to add to its current team of 750 tech experts
across the Bank’s footprint.
“These are high-end technology roles that will help build the
products to ensure that our customers have the best experiences,”
said Sid Deloatch, Chief Information Officer for Fifth Third
Bancorp. “That can range from improving our mobile app to improving
our back-end operations that provide better experiences in our
financial centers, call centers and for all of our products and
services.”
More than 100 of the new jobs will offer salary packages worth
more than $100,000 each.
By year’s end, the Bank plans to employ more than 1,000
technology employees, a 27 percent increase since 2012.
Fifth Third continues to invest in technology as consumer
behavior changes. People desire simple, intuitive and instant
transactions, and they want many of the same functions on their
banking apps as they find on their shopping and gaming apps. Fifth
Third’s total mobile users have increased 28 percent from 2014 to
2015. More of the Bank’s customers are now choosing to be “mobile
only” – customers logging into only mobile. That number jumped 58
percent from 2014 to 2015.
“The bank is deeply committed to investing in technology,” said
Greg Carmichael, President and CEO of Fifth Third Bancorp.
Carmichael joined Fifth Third in 2003 as Chief Information Officer.
He was named President of the Bancorp in September 2012, and was
appointed to the Board of Directors in July of 2015. He became CEO
in November of last year.
Given Mr. Carmichael’s background, he values how technology can
help the Bank to better serve its clients.
“Our customer is at the center of everything we do,” Mr.
Carmichael said. “To accomplish this, we need to invest in
digitization and data.”
Fifth Third is currently recruiting technology workers across
the region, from Louisville and Indianapolis to Dayton and
Cleveland.
Eleven years ago the Bank created the Information Technology
Leadership Program to develop the technical aptitude, business
skills and leadership abilities of entry-level Information
Technology professionals for future leadership roles at Fifth
Third. The Bank hires between six and 12 university graduates a
year from this program for full-time jobs.
“Fifth Third set me up for success,” said Justin Jemison, a
senior app developer for Fifth Third Bancorp and a graduate of the
leadership program. He now helps Fifth Third recruit new members
for the program.
“When I do recruiting, people say, ‘What’s an IT person going to
do at a bank?’“ he said. “Everything, I tell them. Everything at a
bank runs on technology. And that helps them understand what a
great opportunity there is at Fifth Third.”
For more information on the tech job openings, or to apply, go
to 53.com/careers.
About Fifth Third:
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $141 billion in
assets and operates 1,254 full-service Banking Centers, including
95 Bank Mart® locations, most open seven days a week, inside select
grocery stores and 2,593 ATMs in Ohio, Kentucky, Indiana, Michigan,
Illinois, Florida, Tennessee, West Virginia, Pennsylvania,
Missouri, Georgia and North Carolina. Fifth Third operates four
main businesses: Commercial Banking, Branch Banking, Consumer
Lending, and Investment Advisors. Fifth Third also has an 18.3%
interest in Vantiv Holding, LLC. Fifth Third is among the largest
money managers in the Midwest and, as of December 31, 2015, had
$297 billion in assets under care, of which it managed $26 billion
for individuals, corporations and not-for-profit organizations.
Investor information and press releases can be viewed at
www.53.com. Fifth Third’s common stock is traded on the NASDAQ®
Global Select Market under the symbol “FITB.” Fifth Third Bank was
established in 1858. Member FDIC
Copyright © 2016. Fifth Third Bank, Member
FDIC, Equal Housing Lender, All Rights Reserved.
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Fifth Third BancorpLaura Trujillo,
513-534-4361Laura.trujillo@53.com
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