Manager, Financial Planning and Analysis

  • Not Specified
  • Arlington, VA, États-Unis Arlington VA US
  • CDI, Plein-temps
  • E Trade Financial
  • 12 juil. 18 2018-07-12

THE COMPANY E*TRADE is a leading financial services company and a pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the company has long been at the forefront of the digital revolution, offering

THE COMPANY E*TRADE is a leading financial services company and a pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the company has long been at the forefront of the digital revolution, offering easy-to-use solutions for individual investors and stock participants. Founded on the principle of innovation and determined to level the playing field for individual investors, E*TRADE delivers digital platforms, tools, and professional assistance to help investors and traders meet their near-and long-term investing goals. The Company provides these services both online and through its network of customer service representatives and financial consultants - over the phone at two national branches and in-person at 30 E*TRADE branches. The Balance Sheet and Capital Management team is a critical part of the Finance team, owning the forecasting of the Balance Sheet, key components of the Income Statement, and Capital. The team is responsible for the monthly forecasts, the Annual Budget forecasts, and the forecasts to support stress testing. The team is also responsible for providing insightful reporting on the key drivers of the actuals and changes to the forecasts. The team plays a critical role in helping the management provide quarterly guidance to investors. The team is also heavily involved in analysis that helps the Company in making impactful changes to the business strategy, and in identifying improvements in processes, systems, and modeling approaches that make the forecasts more effective. The team and the role have high visibility to Senior Management and the CFO. The role provides an opportunity to get exposure to a wide range of areas - Treasury, Portfolio Management, Accounting, Regulatory Reporting, Stress Testing, Interest Risk Management, Credit,Brokerage Business etc. The role requires the individual who is very structured, analytically strong, has a strong sense of ownership, and is able to work collaboratively with different groups. The ideal candidate should also have the ability to challenge status quo and identify/drive improvements. The candidate should be able to independently communicate effectively with a wide range of audience. â- Design and create reports that show the drivers of changes in forecasts â- Forecast and manage the Bank and consolidated capital ratios to ensure they are managed effectively â- Work with model development team to develop new econometric forecasting models â- Design and prepare presentations, reports, and analysis to support quarterly earnings release and guidance â- Analyze actuals and the drivers of change in actuals and variance with forecasts â- Partner with a wide range of internal business partners to understand, explain, and factor into the forecast the drivers of the changes in the business â- Design and prepare presentations, reports, and analysis to provide actionable insights for management â- Carry out analysis to identify, assess, and evaluate the impact of potential changes to the business strategy. Develop ad-hoc alternative 'what-if' scenarios (for e.g., interest rate environments, growing balance sheet size, capital down-streams & infusions, bank after tax earnings projections, deferred tax asset impacts, loan losses, and reserve allowances release etc.) that provide insights to management to make decisions â- Identify improvements and implement changes to make the forecast process more effective â- Implement changes to IT systems/applications by identifying opportunities for improvement, creating business requirements, and collaborating with the IT partners on the implementation â- Support firm-wide strategic objective of crossing $50B balance sheet size and transforming our current process from a DFAST framework to one fully complies with CCAR requirements by making significant improvements to capital planning processes â- Lead the monthly, annual budget, and stress testing forecast process (rate curve, balance sheet, Net InterestIncome, Net Interest Margin, contribution analysis etc.) using Oracle/Hyperion platform, Econometric Models, PolyPaths ALM application, and Excel models REQUIREMENTS Basic â- Bachelor's degree in Finance, Accounting, Economics or other business related field. â- 7 years of experience in accounting, financial planning and analysis, investment banking, management consulting, or similar environment Preferred â- Working knowledge of PolyPaths ALM or other ALM application â- Previous experience with Oracle/Hyperion financial applications â- Strong excel and modeling skills â- Solid technical and analytical skills in finance and general accounting â- Strong interpersonal and communication skills to work effectively with various functional groups â- MBA preferred. â- CPA or CFA designation (or in the process of obtaining the designation) is strongly preferred BENEFITS We offer a competitive and comprehensive benefits package. Please visit https://etradecareers.com/why-work-at-etrade/employee-benefits to learn more about the opportunities. E*TRADE Financial is an Equal Opportunity Employer who encourages diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, disability, citizenship, marital status, sexual orientation, gender identity, military or protected veteran status, or any other characteristic protected by applicable law.