Financial Analytics Consultant - FP&A (Hybrid)

This position is responsible for providing accurate and data-driven reporting on profitability, solvency, stability, and liquidity for the Global Banking and Market Solutions and Embedded Payments business units. This role will focus on financial forecast, financial performance analytics and reporting for Global Banking and Market Solutions business unit with a focus on Trade Finance, FX and Interest Rate Derivatives as well as the Embedded Payments business unit with a focus on Payments Facilitation (PayFac) product.

This position is responsible for researching and analyzing financial information to support management with making well informed decisions and monitor financial movements. Serves as a subject matter expert for assigned financial systems, products, or business units by providing advanced support. Consults with management to guide and influence short and long-term and strategic financial business decisions. Drives improvements to current procedures, plans, policies, and controls to achieve financial objectives. May provide oversight for the work group through advanced knowledge and understanding in the area of specialization.

• Data Analysis - Sources, compiles, and interprets financial data. Performs complex data analysis, effectively communicating and directing analysis output with internal department peers, management, senior staff, and external contacts. Provides creative alternatives and recommendation.
  • Refresh financial forecasts monthly to review actual results based on latest detailed product and client performance data. Continually evaluate appropriateness of financial forecast assumptions factoring in actual performance versus expectations.
  • Collaborate with business quarterly on financial forecast assumptions for the forecast horizon
• Reporting - Prepares and produces sophisticated reports based on data analysis, company trends, financial processes, and risks. Identifies, analyzes, and conveys patterns, problems, and areas of improvement to support strategic business decisions. Conducts other internal reporting projects as needed. May develop process enhancements based on reporting.
  • Prepare monthly financial and quarterly performance updates for business partners for each relevant product area
  • Produce month-end close reporting of actual results versus expectations and provide supporting commentary to business and Corporate FP & A team.
  • Presents monthly results to the business in Monthly Business Review forums and/or Quarterly Business Review forums
  • Support the development of P & L reporting and pro-actively continuously evaluate for enhancements and develop new P & L views for products that do not currently have reporting in place.
• Operational Support - Provides advanced support to management, associates, and other key groups via analysis output and financial expertise. Develops financial models that forecast business outcomes and profits. Directs information and process updates across systems. Serves as an expert analytics resource to wider organization or business units, offering guidance and participating in strategic initiatives. Prepares documentation, presentations, or other materials for business purposes.
  • Own the expansion of existing financial forecasts to include additional client segments as needed including partnering with the business to source required data, determine appropriate assumptions and develop financial forecast model.
  • Support the product sales teams with sales targets and analytics of actual performance versus targets
  • Provide support to the business on ad-hoc finance related questions including evaluating financial impact of planned pricing changes
  • Support new product launches with required financial infrastructure build out
  • Support business case development or other strategic investment requests
• Process Improvement - Drives process improvement performance across assigned systems, products, or business units, and identifies issues limiting potential gains. Presents alternatives and recommendations to improve financial performance and reduce costs to achieve financial goals or minimize financial impact. Assists management in implementing recommended changes, and in ensuring compliance.
  • Continuously evaluate existing processes for improvement to enhance financial performance insights and/or accuracy
  • Support business led efforts to optimize financial performance results including revenue growth and/or cost reduction initiatives

Bachelor's Degree and 8 years of experience in Finance or Analytics OR High School Diploma or GED and 12 years of experience in Finance or Analytics

Skill(s): Maintains advanced knowledge of financial subjects, accounting, tax laws, and industry trends.

Demonstrated knowledge of financial forecasting and diagnosis, corporate finance, and information analysis.

Preferred Qualifications:

• Advanced excel financial modeling skills and data analytics skills
• Experience working with power pivot and power query
• SQL experience a plus
• Advanced degree and/or CFA
• Previous FP & A experience
• Experience in Banking or Financial services
• Experience with payments, Trade Finance, FX product financials

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.