Finance Manager III

City National Bank • Los Angeles, CA

9d • Onsite

About The Position

Responsible for leading a team of strategic financial business partners supporting numerous 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 Finance, Business, or Accounting
• Minimum 7 years of experience working for a financial institution required
• Minimum 7 years of experience in a management role required
• Requires advanced skills and experience in financial management
• Support groups are complex with wide scope.
• Requires minimal guidance in decision making
• Developed executive communication skills
• Developed understanding of overall organization
• May participate in bank wide projects and initiatives as needed

Responsibilities

• Review & challenge the annual budget for the LOBs, ensuring goals are in line with Bank objectives. Oversee budget models and ensure assumptions are reasonable, accurate, and have integrity. Review budget presentations and present results to executive management.
• Review & challenge 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.
• 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.
• Review & challenge 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.
• Lead special financial projects and participates 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: Manager