Financial Analyst, CCAR / Stress Testing

Synovus•Columbus, GA

About The Position

This position involves conducting financial analysis of the enterprise's financial performance and producing balance sheet and income forecasting information to support an effective accounting/finance function. The role requires producing financial reports in one or more areas of the bank, analyzing trends, and making recommendations. It includes performing highly complex technical analyses, developing efficiencies, communicating intricate financial issues to senior managers, internal/external auditors, and regulators, and participating in the development and formulation of complex analyses to forecast the cost-effectiveness of new products and policy changes affecting the bank's financial condition.

Requirements

Bachelor's Degree in Business Administration, Finance, Accounting, or related field.
Four years of financial analysis experience or an equivalent combination of enhanced education and experience.
Knowledge of database management and report generation.
General understanding of the impact that various economic and interest rate environments have on the financial performance and products within a mid-size regional bank.
Proficiency creating complex financial models.
Project management skills and the ability to work on multiple priorities simultaneously.
Skill in communicating technical subject matter to senior management.
Good verbal and written communication skills and the ability to communicate effectively with co-workers on various levels.
Proficiency using Microsoft Excel and other MS Office products.

Responsibilities

Conducts highly complex technical analyses of the enterprise's financial performance and produces balance sheet and income forecasting information in support of an effective accounting/finance function.
Develops efficiencies to enhance the accounting/finance function of the Bank.
Communicates complex financial issues in a clear and concise manner to senior managers as well as internal and external auditors, and regulators.
Participates in the development and formulation of complex analyses that forecast the cost effectiveness of new products and policy changes that affect the financial condition of the Bank.
Generates forecasts and analyzes trends in sales, finance or other related areas of interest.
Researches and analyzes rates of return, depreciation, investments and other financial indicators.
Provides findings and recommendations to management.
Creates complex financial models to aid in forecasting the financial performance of new and existing financial products in various scenarios.
Prepares accurate, timely, and reliable income forecasting measurements, projections, statistics, and ratios.
Participates in performing specialized financial or planning functions such as reporting, budgeting and analysis.
Prepares, maintains, analyzes and reports on organizational, business unit or departmental budgets as requested.
Conducts complex analyses and determines various input assumptions for financial forecasts, including loan and deposit portfolio analytics, non-interest income, and non-interest expense.
Works with business units to create financial models designed to continue the company's transformation to an assumption based budgeting/forecasting process.
Support the transition to an assumption based budgeting/forecasting model.
Analyzes results of corporate Funds Transfer Pricing (FTP) methodologies on various cost center, product, and relationship profitability models and ensure alignment with corporate goals.
Reconciles actual and forecasted results.
Understand root causes of variances and modifies models to improve future forecasting.
Conducts analyses used in partnering with business units to increase shareholder value by identifying net income opportunities and developing financial methodologies and tools for use in loan and deposit pricing, budgeting, and planning.
May cross train with others within Finance, as appropriate.
Be aware of risk within their functional area, observing all policies, procedures, laws, regulations and risk limits specific to their role.
Raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
Performs other related duties as required.