Manager, FP&A Lead - Capital Markets

Global Banking & Markets – FP&A Manager

Member of US GBM Financial Planning and Analysis (FP&A) team. Position is responsible for all aspects of planning and analysis for assigned GBM Line(s) of Business (LOB’s). The position provides planning, forecasting and management reporting support to the LOB’s and FP&A team. Key responsibilities include formulation and coordination of annual plan, periodic forecasts, and analysis to assist senior management in business decision making.

The Manager, FP&A Lead will ensure that specified goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives and all activities are conducted in compliance with governing regulations, internal policies, and procedures.

The Manager, FP&A Lead reports to the Head, FP&A Management Reporting.

• Assist in coordinating and compiling the annual plan and periodic forecasts, and assess reasonability of targets provided by the LOB’s.
• Review and challenge LOB’s assumptions for plan and forecast targets.
• Ensure plan and forecast information are updated into the systems / tools to ensure timely review and submission to satisfy global timelines.
• Review periodic pipelines of deals.
• Handle Business line queries on revenues, balance sheet, projects, and expenses.
• Review Daily MIS P&L for reasonability, completeness, and unusual items.
• Analysis of monthly and quarterly results including variance analysis to prior periods and robust commentary that is agreed / confirmed with the business.
• Compile / develop / review financial analysis and commentary for inclusion in the US GBM Quarterly Management Report (QMR), Monthly Business Report (M ), and information packs for the US Executive Committee (ExCo), SHUSA Board or other management needs as may be required.
• Review and liaise with the business lines on business cases being submitted.
• Assist in developing financial models to incorporate revenue, balance sheet, and other metrics for planning, forecasting, and performance measurement.

The FP&A manager contributes to a client‑focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge; contributes to a team environment to produce creative and value‑added strategic analysis.

Assist with the design, enhancements, and development of management reporting and metrics, and maintaining operating procedures; influence and contribute to the continuous improvement of the planning process.

Work with Business and Functional partners to prepare and update bottom‑up financial plans, forecasts, and other forward‑looking financial reviews, identify issues, and provide commentary.

Develop recommendations and analysis related to the execution of strategic initiatives.

Provide analysis, support and counsel to business line management related to management reporting.

Work collaboratively with other stakeholders in GBM to access management information systems required to perform the duties of the position.

Support ad hoc requests from Executive Management, auditors, regulators, ratings agencies, research analysts and other external parties as required.

• The position is responsible for the annual plan and periodic forecasts, assess reasonability of targets provided by the LOB’s and provides challenge of assumptions.
• The incumbent exhibits strong relationship skills, the ability to represent US Finance at senior level meetings and at committees, and has the ability establish confidence with senior executives.

• MBA or MS in Finance or Accounting.
• Professional accounting designation is an asset.

• 5+ years of financial planning and analysis experience.
• Creative design and implementation capabilities to develop FP&A management reporting program.
• Knowledge in financial accounting (U.S. GAAP and IFRS), statutory and other complex accounting principles, P&L reconciliations, profitability analysis, ABC costing models, performance management models (Balanced Scorecard),…