Assistant Vice President, Banking Fp&A

Assistant Vice President, Banking FP&A Overview

• The Assistant Vice President, Banking FP&A will support financial planning, budgeting, forecasting, and management reporting for the Banking line of business.
• Collaborate across multiple business partners and teams to align data and regulatory requirements with local and head office standards.
• Analyze financial data and prepare reports for senior management, focusing on business revenues, cost drivers, and performance metrics.
• Enhance reporting processes to streamline data production and improve decision-making quality.
• Leverage the strong brand and culture of a top-tier global bank with attractive benefits and flexible work arrangements.
• Contribute to cross-functional projects, including revenue forecasting and expense productivity initiatives.
• Utilize expertise in banking industry practices and multi-entity reporting structures to ensure data accuracy and integrity.
• Work in a hybrid environment offering flexibility and a collaborative culture with significant growth opportunities.

Assistant Vice President, Banking FP&A Key Responsibilities & Duties

• Prepare presentations and reports for senior management, including financial analytics, business revenues, and cost drivers.
• Maintain data reporting standards and integrity for Banking LOB as per head office requirements.
• Develop detailed budget versus actual variance reports to support decision-making and monitor performance.
• Enhance reporting and budgeting processes to streamline financial data production.
• Collaborate with Finance, back office, and front office teams to analyze trends in revenues, expenses, and KPIs.
• Maintain reporting hierarchies and mappings to ensure data integrity across systems.
• Monitor monthly allocation and inter-entity reconciliations to ensure accuracy.
• Assist in planning and executing cross-functional projects, including revenue forecasting and expense initiatives.

Assistant Vice President, Banking FP&A Job Requirements

• Bachelor’s degree in finance, accounting, or business-related majors; CPA or CFA preferred.
• Minimum 3 years of experience in financial services, with 2 years in business planning and financial analysis.
• Proficiency in Excel, PowerPoint, and ERP tools such as Hyperion, Anaplan, PeopleSoft, and OneStream.
• Strong understanding of banking products and their revenue/expense relationships.
• Excellent problem-solving, communication skills, and attention to detail.
• Familiarity with US GAAP and IFRS; knowledge of general ledger concepts preferred.
• Ability to multi-task and manage shifting priorities effectively while delivering timely information.
• Experience with organization hierarchy and income statement structures across business lines and entities.