Finance Manager II - Commercial Banking

City National Bank • Los Angeles, CA

93d • $99,000 - $176,000

About The Position

This position is responsible for performing as a strategic financial business partner with one or more Lines of Business (LOBs) and defining, building, and leading the financial strategic direction of their respective LOBs consistent with the Bank's objectives.

Requirements

• Bachelor's Degree or equivalent.
• Minimum 5 years of experience working for a financial institution required.
• Minimum 6 years of experience in a management role required.

Nice To Haves

• A CFA, CPA, or MBA is highly desirable.
• Excellent managerial, organizational, analytical, and project management skills required.
• Excellent interpersonal, verbal, and written communication skills.
• Ability to build positive relationships both within the Finance Division and throughout the Bank.
• Must be capable of establishing professional expertise through integrity, dedication, and strategic counsel.
• Must be capable of inspiring confidence and respect in staff and motivate colleagues to achieve Finance Division and company goals.
• Must be able to manage and influence a large number of indirect reports without having authority.
• Excellent Microsoft Office skills (e.g., Outlook, Excel, Word, PowerPoint, Access, OneNote) required.
• Requires strong knowledge of financial analysis techniques and generally accepted accounting principles and procedures.

Responsibilities

• Prepare the annual budget for the LOBs, ensuring goals are in line with Bank objectives.
• Maintain budget models and ensure assumptions are reasonable, accurate, and have integrity.
• Prepare budget presentations and present results to executive management.
• Prepare quarterly forecasts and participate in the quarterly review process with executive management.
• Review quantitative and qualitative details to ensure they are accurate and rational; ensure LOB forecasts and objectives are within acceptable guidelines to compliment the Bank’s performance expectations.
• Prepare and review monthly management reporting, including financials and any other analytics appropriate for the LOBs.
• Ensure financials are accurate and distributed in a timely manner.
• Provide analytics and commentary to the LOB executives, highlighting material trends, variances, and other pertinent findings.
• Prepare business cases for talent acquisitions, office openings/closures, product introductions/eliminations, and other ad hoc purposes, and make recommendations based on the impact to the LOB’s and Bank’s profitability.
• Meet with assigned division executive(s) regularly to keep current with challenges, opportunities, and potential changes.
• Continually look for ways to increase revenue and reduce expenses by reviewing division analytics regularly.
• Conduct special financial projects and participate in various task forces and committees as required by senior management.
• Develop and implement ideas and strategies to improve processes and communication.
• Supervise workflow and provide expertise and direction to support staff as needed.
• Complies fully with all Bank policies and procedures, as well as all regulatory requirements.
• Completes all required training.

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date.
• Generous 401(k) company matching contribution.
• Career Development through Tuition Reimbursement and other internal upskilling and training resources.
• Valued Time Away benefits including vacation, sick and volunteer time.
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs.
• Career Mobility support from a dedicated recruitment team.
• Colleague Resource Groups to support networking and community engagement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees