FP & A Lead Analyst

$173,555 - $178,431/Yr

Citigroup - New York, NY

posted 2 months ago

Full-time - Senior
Remote - New York, NY
Credit Intermediation and Related Activities

About the position

Citibank, N.A. is seeking an FP & A Lead Analyst for its New York, NY location. This role is pivotal in understanding deposit products for a large commercial bank, focusing on the components of deposit revenue, liquidity, and related items. The successful candidate will coordinate deposits transfer pricing, demonstrating a clear understanding of the dynamics surrounding hedge vector profiles and the interest expenses paid to clients for each product or portfolio. The analyst will be responsible for building and comprehending forecasting and operating plan models that leverage business trends, macro-economic variables, and growth initiatives, showcasing strong forecasting experience. In this position, the analyst will handle analytics on client profitability metrics, including deposits liquidity value, net interest revenue/margin, interest rate sensitivity, beta, and RoTCE. The role involves creating financial reports and collaborating with the finance team to summarize financial trends and provide insights to senior management. The analyst will advise on directional strategy and offer guidance on significant business and product decisions. Additionally, the analyst will execute analysis of annual 3-year Strategic/Operating Plans, CCAR PPNR forecasts, mid-year forecasts, and bi-monthly outlooks in partnership with segment, business, and country FP&A teams. The analyst will prepare analytics in support of CEO Reviews, including business initiatives, and will execute analysis of product profitability while providing guidance on significant business and product decisions. Building and maintaining relationships with key partners and senior management to influence behavior and decision-making is crucial. The analyst will prepare presentations and analysis for the team supporting the CFO, operating with a limited level of direct supervision and exercising independence of judgment and autonomy. Acting as a Subject Matter Expert (SME) to senior stakeholders and/or other team members is also a key aspect of this role. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.

Responsibilities

  • Understand deposit products for a big commercial bank and the components of deposit revenue, liquidity and related items.
  • Coordinate deposits transfer pricing with clear understanding of the dynamics around hedge vector profiles and interest expense paid to clients for each product/portfolio.
  • Build and comprehend forecasting/operating plan models that utilize business trends, macro-economic variables and growth initiatives with strong forecasting experience.
  • Handle analytics on client profitability metrics like deposits liquidity value, Net interest revenue/margin, interest rate sensitivity, beta and RoTCE.
  • Create financial reports and meet with finance team to clearly summarize financial trends and provide insights to senior management.
  • Advise on directional strategy and provide guidance on significant business/product decisions.
  • Execute analysis of annual 3-year Strategic/Operating Plans, CCAR PPNR forecasts, mid-year forecasts, and bi-monthly outlooks in partnership with segment, business, and country FP&A teams.
  • Prepare analytics in support of CEO Reviews, including business initiatives.
  • Execute analysis of product profitability and provide guidance on significant business and product decisions.
  • Develop and maintain relationships with key partners and senior management to influence behavior and decision making.
  • Prepare presentations and analysis for the team supporting the CFO.
  • Operate with a limited level of direct supervision and exercise independence of judgement and autonomy.
  • Act as SME to senior stakeholders and/or other team members.

Requirements

  • Bachelor's degree, or foreign equivalent, in Business Administration, Finance, Accounting or a related field.
  • Six (6) years of experience in the job offered, or in a related occupation in the financial services industry.
  • Experience performing multi-year multi-scenario forecasting processes using Microsoft Office applications, Oracle Smart View, and macro-economic variable-based forecasting platforms.
  • Experience providing financial analysis for monthly forecasts and annual budgets using QlikView, Oracle Smart View, and Microsoft Office applications.
  • Experience developing standard and centralized analytics around deposit products and transactions for a big commercial bank, including related revenue and liquidity drivers in collaboration with regional finance teams.
  • Experience executing analysis of product profitability and providing analytical insights to aid in significant business and product decisions.
  • Experience analyzing and developing trends on deposit products, transactions, and related revenue drivers across client sectors and geographies with their sensitivity to seasonality and changes in market environment.
  • Experience overseeing analytics on client profitability metrics including revenue/margin, sensitivity due to macro-economic factors and RoTCE.
  • Experience enhancing comprehension of financial performance including quarterly earnings disclosures using regulatory and stakeholder perspectives.

Benefits

  • Paid holidays
  • Disability insurance
  • Health insurance
  • Dental insurance
  • 401(k)
  • Paid time off
  • Vision insurance
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