Finance Manager III

FINANCE MANAGER III WHAT IS THE OPPORTUNITY?

Responsible for leading a team of strategic financial business partners supporting numerous Lines of Business (LOBs) and defining, building, and leading the financial strategic direction of their respective LOBs consistent with the Bank's objectives.

• Review & challenge the annual budget for the LOBs, ensuring goals are in line with Bank objectives. Oversee budget models and ensure assumptions are reasonable, accurate, and have integrity. Review budget presentations and present results to executive management.
• Review & challenge quarterly forecasts and participate in the quarterly review process with executive management. Review quantitative and qualitative details to ensure they are accurate and rational; ensure LOB forecasts and objectives are within acceptable guidelines to compliment the Bank’s performance expectations.
• Review monthly management reporting, including financials and any other analytics appropriate for the LOBs. Ensure financials are accurate and distributed in a timely manner. Provide analytics and commentary to the LOB executives, highlighting material trends, variances, and other pertinent findings.
• Review & challenge business cases for talent acquisitions, office openings/closures, product introductions/eliminations, and other ad hoc purposes, and make recommendations based on the impact to the LOB’s and Bank’s profitability.
• Meet with assigned division executive(s) regularly to keep current with challenges, opportunities, and potential changes. Continually look for ways to increase revenue and reduce expenses by reviewing division analytics regularly.
• Lead special financial projects and participates in various task forces and committees as required by senior management.
• Develop and implement ideas and strategies to improve processes and communication.
• Supervise workflow and provide expertise and direction to support staff as needed.
• Complies fully with all Bank policies and procedures, as well as all regulatory requirements.
• Completes all required training.
• Requires advanced skills and experience in financial management
• Support groups are complex with wide scope.
• Requires minimal guidance in decision making
• Developed executive communication skills
• Developed understanding of overall organization
• May participate in bank wide projects and initiatives as needed

• Bachelor's Degree or equivalent Finance, Business, or Accounting
• Minimum 7 years of experience working for a financial institution required
• Minimum 7 years of experience in a management role required

Starting base salary: $99,000 - $176,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

* Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.