David Deitsch

Experience

• 

  Anthem

  Jan 1993 - Jan 1998

  Senior Financial Analyst
• 

  Fifth Third Bank

  Nov 1998 - now

  Responsible for leading a team of professionals providing middle office support for the Investment Management and Trust line of business. Partner with IM&T management across the organization along with other key business partners to implement key policy and procedure decisions as well as technology solutions to effectively manage risk while providing superior client service.The ASG team provides support for the opening of new client IM&T accounts, asset receipts and disbursements, account closings, court accountings and other administrative functions. Show less -Responsible for the development of new investment management products and the management of existing investment products for the Fifth Third Private Bank.-Developed and implemented the infrastructure to allow Portfolio Managers to invest client assets in third-party Separately Managed Account (SMA) models which allowed the bank to move toward a true Open Architecture approach to managing client investments. -Developed and implemented the Client Directed Trade Desk to allow custodial clients to place trades through a centralized service desk rather than local Portfolio Managers, allowing for increased convenience for clients, enhanced trading oversight and providing Portfolio Managers more time to focus on managed accounts. Show less Served as a key member of the Retail Brokerage management team providing support to Brokerage and IA business leaders on strategic decisions related to the growth of the Retail Brokerage line of business. This included providing monthly financial analysis, development of performance reporting on key metrics, monthly forecasting and annual planning.Lead the implementation of strategic initiatives related to improving performance of the Retail Brokerage line of business. Responsible for the development and administration of competitive incentive compensation plans for Fifth Third Securities that were designed to reward those behaviors that generated sustainable revenue growth for the business. Show less Served as an integral member of the Investment Operations management team by providing timely business analysis and reporting used to drive the strategic direction of the Investment Operations division.Developed and implemented the financial reporting infrastructure for the Investment Operations division including monthly reporting and forcasting tools. Redesigned and automated the monthly expense allocation process using the Oracle OFSA allocation engine to more closely correlate the expenses being allocated with the underlying driver of each expense. Show less Provided accounting, business planning and analysis, and financial reporting support for the brokerage, IM&T and Institutional business within the Investment Advisors division. Sucessfully integrated the IA and brokerage business of major bank acquistions into the Fifth Third IA and brokerage financial infrastructure. Designed and implemented a new accounting and reporting infrastructure to facilitate the cross-sell partnership between the brokerage and Retail lines of business. Provided M&A analysis support of potential aquisition targets and start-up opportunities. Served as Project Manager for a major fee standardization and upgrade initiative in the Investment Management and Trust line of business resulting in an additional $8 million in annual revenue. Show less

  • Vice President and Director W&AM Process Design and Technology

    Aug 2020 - now

  • Vice President and Director, Private Bank Process Design and Technology

    Jul 2013 - Aug 2020

  • Vice President and Director IM&T Administration and Strategy Implementation

    Nov 2011 - Jul 2013

  • Vice President and Director ASG

    Mar 2008 - Nov 2011

  • Vice President and Director of Investment Management Products

    Jul 2006 - Mar 2008

  • Assistant Vice President, Finance Manager - Fifth Third Securities

    Jul 2005 - Jul 2006

  • Assistant Vice President, Project Manager - IA Infrastucture

    Jan 2004 - Jul 2005

  • Investment Operations Finance and Reporting Manager

    Apr 2003 - Jan 2004

  • Investment Advisors Finance Manager

    Nov 1998 - Apr 2003
• 

  United Way of Greater Cincinnati

  Jul 2011 - Nov 2011

  Loaned Executive

  Provide client relationship management for 50+ small to medium size corporate employee giving campaigns. Partner with company CEO's and Campaign Coordinators on campaign strategies to engage employees and increase giving. Coordinate all aspects of the campaign for each company including campaign timing, supplies, kick-off events and pledge collection. Create presentations and speak at employee meetings and kick-off events to share information on the work of United Way, my personal connection to United Way and the impact of United Way in our community. Show less