Financial Analyst

Hancock Whitney Bank•New Orleans, LA

About The Position

This position is responsible for conducting moderately complex financial analysis and modeling for the assigned division; provides consultation on financial performance and budgetary trends; recommends cost savings or enhancement practices as applicable.

Requirements

Bachelor's degree in Business, Finance or Accounting; MBA preferred.
5+ years of experience in financial analysis or accounting; a comparable combination of education and experience considered
Previous related experience within a Financial Institution highly preferred
Thorough knowledge of financial statements, financial analysis and business strategies.
Applicable working knowledge of the banking industry
Ability to work under stress and meet deadlines
Ability to travel
Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions.

Responsibilities

Creates and utilizes modeling to analyze moderately complex financial actions and prepares recommendations for policy, procedure, control, or action.
Analyzes financial information to determine present and forecast future financial performance; provides interpretation of financial trends to aid in strategic decision making.
Performs analysis to identify division performance and budget trends recommends improvements accordingly; assists in the development and finalization of the budget, planning, and other financial requirements.
Compiles and prepares periodic variance reports and management reviews; conducts applicable research for variances.
Evaluates moderately complex profit plans, operating records, and financial statements to indicate return on investment or project status.
Administers division incentive plan; tracks metrics and calculates payments; conducts correlation assessments with area performance.
Establishes databases of pertinent information for use in analyzing future plans and forecasts.
Makes recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies.
Coordinates with various levels of management to gather, analyze, summarize, and prepare recommendations regarding financial plans, new business planning, trended future requirements, and operating forecasts.
Researches and prepares economic reports on subjects such as rate of return, depreciation, working capital requirements, investment opportunities, investment performance, and impact of governmental requirements.
Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.