Finance Manager - Business Support - GWIM Deposits BFO
About The Position
This job is responsible for serving as a finance partner to specified Lines of Business (LOBs) and directing the day-to-day finance activities to manage strategic annual planning and implementation. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and overseeing value creation ideas and new investment business cases. Job expectations include supporting management in key decision making, and influencing and gaining support from financial analysts. This role as GWIM Deposits BFO is part of the broader Regional Banking & Wealth Management Deposits & Payments Finance Horizontal team which is responsible for the support of strategic analysis, forecasting and financial reporting related to Deposit products and associated fees. The team delivers comprehensive financial support to the Checking/Savings Accounts, Balances/NII, Service Charges, and Debit Card and Payments BFO and LOB teams. Team responsibilities include analyzing strategic business decisions, financial performance and forecasting of multiple products, creating higher level consolidated reporting, presenting to multiple levels of business and finance audiences, etc. The primary focus of this role is to lead our efforts to provide finance business support for the ~$280B of GWIM deposit balances and associated Net Interest Income (NII). This role will involve partnering with and supporting the GWIM Banking, Merrill, and Private Bank Finance executives, as well as, the Wealth Management Deposits Pricing LOB Executive and team, to understand performance trends, client behavior and strategies. Will lead the team in analyzing strategic business decisions, financial performance and reporting deliverables and forecasting related to the balance and NII line items, including rate paid and earnings credit analysis. Team performs all aspects of financial reporting and analysis for the product, including weekly finance updates, executive summaries, investor relations support, and ad-hoc analysis. This role supports achievement of business goals by working on more complex activities or projects with others within the team and with partners. Leads projects and coordinates resources. The teammate is expected to become the subject matter expert for their respective area of focus and interact directly with the GWIM Products BFOs, other CFO partners , and Line of Business, Marketing, or Risk partners. The individual is expected to be a self-starter and critical thinker with a demonstrated ability to act as a team lead, directing the work efforts of others.
Requirements
- Bachelor’s Degree (preferably in Finance or Accounting)
- 5+ years of accounting or financial analysis work experience
- Well organized and strong attention to detail
- Demonstrates strong technical and analytical skills
- Strong communicator (verbal and written) with ability to influence
- Advanced knowledge of Excel and PowerPoint
- Approaches work with curiosity and interest to drive continuous process improvement
- Adaptable, ability to work independently in a fast paced, results driven environment with changing priorities
- Seeks to build relationships and collaborate with teammates
- Strategic thinker with the ability to understand complex business challenges/potential solutions
- Manages operational risk by building strong processes and quality control routines
Nice To Haves
- Essbase (Smartview) and general ledger familiarity
- Planning and forecasting experience
- Financial modeling
- Emerging technologies (Tableau, Alteryx, Workiva, etc)
Responsibilities
- Oversees the financial analysis and reporting needed to provide Line of Business (LOB) and finance leadership with trends and comparisons on all financial matters, focusing on maximizing revenue growth, cost management, profitability, cash flow generation, and operational improvement
- Reviews LOBs financial performances and provides strategic direction to teams by assisting with synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics
- Manages forecasting and/or budgeting and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory
- Delegates and provides oversight to teams building financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners
- Implements new and ongoing projects and strategic initiatives by helping to create new processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities
- Builds, maintains, and manages partner relationships across the Finance division and implements policies and procedures that ensure integrity of the financials, sound controls, and effective procedures
Benefits
- Access to paid time off
- Resources and support to our employees
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What This Job Offers
Job Type
Full-time
Career Level
Manager
