Manager, Closely Held Assets

About the Role

The Manager, Closely Held Assets supports the management and oversight of closely held and other nonmarketable assets held within fiduciary structures, including trusts, estates, and foundations. The role focuses on executing day‑to‑day portfolio management activities while ensuring adherence to fiduciary, regulatory, and risk standards. The Manager is responsible for evaluating, monitoring, and administering a portfolio of low‑to moderate‑complexity closely held assets, including minority interests in limited partnerships (LPs), limited liability companies (LLCs), and privately held corporations.

This role partners with senior team members and internal stakeholders to support asset management decisions, valuations, and transactions.

• Manage a portfolio of closely held business interests, supporting investment reviews, valuations, and ongoing monitoring activities.
• Analyze financial statements, company performance, and industry trends to assist in assessing risk and determining asset value.
• Support the evaluation and execution of corporate actions, including proxy votes, reorganizations, and asset sale transactions.
• Communicate with clients, trust officers, and professional advisors regarding asset performance and administrative updates.
• Ensure adherence to governing documents, fiduciary standards, and regulatory requirements; elevate risks or issues as appropriate.
• Coordinate documentation, tracking, and reporting related to asset activities, ensuring accuracy and timeliness.
• Partner with internal teams including risk, legal, tax, and operations to support asset management and issue resolution.
• Perform other duties as assigned, adapting to evolving business needs and priorities.

• Bachelor’s degree in Finance, Accounting, or related field.
• Minimum of 5 years of relevant work experience in commercial credit, business analysis, trust administration, or similar field.

• Financial Analysis:
  Ability to interpret financial statements and assist in determining the value of privately held business interests.
• Portfolio Management:
  Experience supporting management of investment portfolios or financial assets.
• Client Communication:
  Ability to communicate effectively with internal partners and external stakeholders.
• Attention to Detail:
  Strong organizational skills with the ability to manage multiple priorities and deadlines.

• Analytical Thinking:
  Ability to assess moderately complex financial and operational data.
• Problem Solving:
  Ability to identify and elevate issues with sound judgment.
• Collaboration:
  
  Ability to work effectively across teams and functions.
• Communication:
  Strong written and verbal communication skills.
• Client Focus:
  Commitment to delivering high‑quality service and maintaining strong relationships.

Salary:
Manager, Closely Held Assets Total Base Pay Range 71,100.00 – USD annual. The base salary reflects 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. Additionally, this role is eligible to participate in an incentive compensation plan.

Location:

Naples, Florida 34108

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.