Financial Analyst I, Treasury Operations (Hybrid)

First Citizens Bank•Raleigh, NC

2d•Hybrid

About The Position

The Financial Analyst I works in Treasury Operations, within the Financial Network Solutions Group, supporting technical and strategic business initiatives to establish and maintain a global centralized banking network. The role emphasizes use of the company’s own bank while improving efficiency with banking partners. The analyst partners with internal teams including Treasury, Finance, Accounting, Tax, and Legal to support functional goals and provide financial reporting and analysis for FINS. The position provides daily support for assigned systems, products, or business units; identifies potential improvements to procedures, plans, and controls; and produces analysis reports and other documentation as needed. It also supports cash management changes, banking services, account administration, bank and project metrics, and related vendor and compliance processes. This is a hybrid role requiring three days per week in the office, with work regularly taking place both inside and outside a company office.

Requirements

Bachelor’s degree and one year of experience in Finance or Analytics, or a high school diploma/GED/equivalent and five years of experience in Finance or Analytics.
Analytical skills, particularly with data.
Critical-thinking skills.
Data gathering and reporting skills.

Nice To Haves

Bachelor’s degree in Finance or Analytics.
Two years of financial experience within Treasury Banking Operations.
Understanding of financial instruments, bank accounts, or other financial industry/banking experience.
Strong organization and reporting experience with high attention to detail.
Intermediate to advanced Excel skills.
Strong analytical skills, including the ability to link financial results to operational performance drivers, generate alternatives, and support positive change.
Excellent communication skills across multiple levels and functions.

Responsibilities

Source, compile, and interpret data; analyze it for accuracy and efficiency and communicate the results.
Provide management, associates, and other key groups with analytical and financial support.
Coordinate information and process updates across systems, and prepare business documentation, presentations, or other materials as needed.
Produce reports based on data analysis, company trends, and financial processes; communicate patterns, problems, and improvement opportunities.
Assist with internal reporting projects as directed.
Track performance across assigned systems, products, or business units, identify issues limiting potential gains, and recommend workflow changes to meet financial goals or minimize financial impact.
Support cash management changes related to cash flows and improve reporting and metrics.
Analyze account transactions to drive change.
Understand and support the organization’s bank account structure.
Set up bank accounts within various system infrastructures.
Report bank fees, bank accounts, and project metrics.
Support KYC refresh, vendor management, and third-party oversight management.
Liaise with bank representatives to open and close bank accounts.
Implement and maintain banking services, including lockbox, positive pay, ACH, and direct debit.
Assist with creating and submitting general ledger account maintenance requests for new, closed, and changed bank accounts.