Financial Planning and Analytics; Asset Management Manager

Position: Financial Planning and Analytics (Asset Management) Manager
Pay rate range - $55/hr. to $60/hr.
Hybrid 4 days onsite

Role Mandate:
Develops detailed financial and economic analysis to assist the designated business portfolio with decision support.
Works closely with business leaders and Finance partners to provide financial advice and service that supports the financial management activities of the Group/portfolio. Supports the monitoring and management of financial performance against plans, forecasts, initiatives and objectives.
Generates information and insights that support key business decisions to drive value (e.g., revenue growth, cost management, resource allocation, balance sheet optimization, etc.)

Candidate Value Proposition (CVP):
This role allows the candidate(s) to work in an established institution and with multiple groups within CLIENT, which will allow candidate(s) to build effective skills and confidence.
The individual is exposed to other lines of business, as there are lots of opportunities for learning, growth, and development.
This role will be responsible for forecasting functions associated with the business, including but not limited to, gathering inputs and assumptions, understanding the business needs, revising Outlook monthly, financial reporting, creating reporting materials for management groups, communicating results, completing finance or treasury related requests, involvement in strategic initiatives, and building out financial modelling of business initiatives.
There is a lot of opportunity to move on to other teams within the bank, as this candidate will gain exposure to the entire side of the business.

Group Culture:
This individual will be working in an established, growing, and friendly environment. MS Teams is available throughout the day for team members to communicate. Teams are very supportive of one another.

Role Responsibilities:

• Acts as a subject matter expert on relevant regulations and policies

• May network with industry contacts to gain competitive insights and best practices

• May own internal/external stakeholder relationships

• Supports/Leads financial planning, forecasting and performance reviews that utilize plan, forecast and actual financial information to develop annual plans and targets.

• Performs variance analyses, and ad-hoc forward-looking analyses to improve understanding of business drivers as well as opportunities to improve performance for product improvement, profit improvement, financial impact of initiatives/strategic business decisions

• Supports the development of methodologies and policies to enable analyses and insights focused on financial dimensions (e.g., revenue, expense, balance sheet, capital, etc.)

• Determines the financial impact of initiatives/ strategic business decisions, and incorporate the impacts into future financial forecasts/plans.

• Assesses reasonableness of business cases and performs due-diligence during Investment reviews and approvals processes

• Works with the business to align key performance indicators with financial forecasts and plans

• Breaks down strategic problems, and analyses data and information to provide financial insights and recommendations

• Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information

• Integrates information from multiple sources (e.g. financial and operational systems) to enable more efficient processes, enhanced analysis and/or streamlined reporting

• Monitors and tracks performance, and addresses any issues

• Acts as a trusted financial advisor to assigned business/group

• Influences and negotiates to achieve business objectives

• Recommends and implements solutions based on analysis of issues and implications for the business

• Assists in the development of strategic plans

• Identifies emerging issues and trends to inform decision-making e.g., economics, treasury, competitor information

• Focus is primarily on business/group within CLIENT; may have broader, enterprise-wide focus

• Provides specialized consulting, analytical and technical support

• Exercises judgment to identify, diagnose, and solve problems within given rules

• Works independently and regularly handles non-routine situations

• Broader work or…