Job Information
Citizens Finance Senior Manager – National MidCorporate Banking in Johnston, Rhode Island
Description
You’re made ready to continue a fulfilling career with exciting new challenges and opportunities to stretch yourself. In the role of the Finance Senior Manager, you will be responsible for leading the financial decision support of the National MidCorporate segment of the Commercial Bank covering covering all areas of financial and management reporting, planning and analysis. In this role, you’ll develop solutions to complex business issues, collaborate with stakeholders across the Citizens franchise and contribute to the strategic direction of the business. You will serve as a strategic financial business partner for executive leadership, helping to drive key business initiatives and support from cross functional teams with high visibility and impact. Ideally, you have strong problem solving skills, bring a strategic mindset to business challenges and are adept at telling the financial story of a business at an executive level.
Primary responsibilities include
Partner with line of business leadership to create monthly earnings forecasts that reflect the anticipated net interest margin, fee income, operating expenses and credit provisions that align with the anticipated interest rate and economic scenarios.
Track the key drivers of changes in the commercial loan portfolio such as refinancings, new originations, changes to line utilization rates and prepayment speeds in order to inform forecasts of changes to the size of the balance sheet.
Support balance sheet optimization efforts to achieve the proper balance between liquidity, risk, pricing and returns. Identifying and tracking opportunities to redeploy capital is an important component of this effort by maintaining financial profiles of new credit originations as well as client exits in order to track progress of redeploying capital to more attractive opportunities.
Partner with business leadership to identify attractive industry sub-sectors where we should deepen the client coverage model to capture additional market opportunity.
Leadership of the annual budget and strategic planning processes, including the creation of financial reporting packages and documentation of key assumptions, reflecting the input of line of business management.
Prepare monthly financial performance reporting comparing results to forecast, budget and prior periods; a key deliverable is insightful variance commentary that highlights differences at a detailed driver level.
Maintain a strong control environment by completing the month-end financial close including the identification of financial issues, risks and opportunities and synchronizing the financial impacts in monthly forecasts.
Constantly scan and learn and apply new knowledge to transform core processes. Operate in an agile, flexible and adaptable manner.
Qualifications, Education, Certifications and/or Other Professional Credentials
Bachelors degree in Finance, Accounting, Economics or related discipline.
5+ years of experience in a finance, accounting or business decision support role.
Solid Excel financial modeling skills & experience
Knowledge of Essbase financial reporting platform highly preferred
Strong executive level communication skills
Hours & Work Schedule
Hours per Week: 40
Work Schedule: M-F (hybrid - 3 days in office)
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Equal Employment Opportunity
At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.
Equal Employment and Opportunity Employer
Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.
Why Work for Us
At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.