Financial Planning & Analysis Manager

East West Bank•Pasadena, CA

11d

About The Position

Financial Planning & Analysis (FP&A) Department drives the Company's annual planning and budgeting cycle and is central to Bank's executive management reporting, financial forecasts, profitability assessment, and incentive plan performance reporting activities. We are currently looking for a strong forecast manager who is responsible for developing, managing, and refining t he bank's financial forecasts and performance projections. This role ensures accurate and timely forecasting of revenue, expenses, balance sheet, and key performance indicators to support strategic decision-making, budgeting, and regulatory compliance. The Forecast Manager works closely with business units, treasury, and risk teams to model future financial outcomes and identify trends or risks impacting profitability and growth.

Requirements

Bachelor's Degree in finance or accounting; CPA or MBA preferred
5-10years of experience in corporate FP&A and/or strategic planning; direct experience the financial services and banking industry required
Must have very strong understanding of how bank balance sheet work and understanding of how much individual
Experience in ALM model and fund transfer pricing model preferred
Experience with Hyperion planning budgeting system preferred
Strong analytical and problem solving skills
Proficient in Excel, financial reporting systems and complex financial modeling
Excellent interpersonal and communication abilities
Strong team player and be able to thrive in a collaborative team environment
Strong sense of ownership and be able to deliver results within tight deadlines
Demonstrated project management background; trained in process improvement techniques
Well versed in profitability reporting; knowledgeable of banking products, balance sheet management, FTP, and pricing are big pluses
Applicants must have legal authorization to work in the United States.
We do not offer visa sponsorship at this time.

Responsibilities

Lead the development of short-term and long-term financial forecasts, including income statement, balance sheet, and cash flow projections.
Manage the annual budgeting process and periodic reforecasting cycles.
Partner with business line leaders to analyze financial performance versus plan, identify variances, and explain key drivers.
Develop and maintain forecasting models that incorporate changes in market conditions, interest rates, and business strategy.
Provide insights into net interest margin (NIM), loan and deposit growth trends, and other key banking metrics.
Support capital planning and liquidity management through scenario and sensitivity analysis.
Collaborate with risk management to integrate credit risk and macroeconomic assumptions into forecasts.
Execution of day-to-day financial planning and reporting activities, including, as assigned, executive management reporting, financial budgets & forecasts, profitability assessment, branch and commercial lender performance scorecards, and P&L reforecasting
Drive research, data mining and model validation efforts pertaining to departmental budgets and profitability application
Assist in the development and preparation of clear and concise presentation materials for Senior Management
Review work of other financial analysts and supervise projects assigned to the team, as requested
Support collection of requested information for auditors and regulators
May perform other duties as assigned