Financial Analyst Senior Job Listing at City National Bank in Los Angeles, CA (Job ID 10627)

Description

FINANCIAL ANALYST SENIOR WHAT IS THE OPPORTUNITY?

Works with the Group Finance Manager(s) to perform monthly financial reporting and performance analysis, develop quarterly financial forecasts, coordinate and prepare annual budgets, and perform ad hoc analysis and reporting, business case analyses, and other special projects. Position may working one or more of the following Financial Management Roles:

• Enterprise-wide annual planning and monthly forecasting/reporting efforts (includes bottom up/top-down planning, variance analysis, etc)
• Key corporate financial models (includes enhancing existing forecasting models by increasing forecast accuracy, consolidating enterprise P&L across various functions)
• Corporate financial guidance preparation (includes providing insights and analyses for guidance ranges)
• Prepare Executive level presentations to senior management team and board of directors
• Executive critical, time sensitive ad-hoc projects and financial pro-forma, e.g. what-if scenario, sensitivity analysis, etc
• Proactively identify and drive process improvements and standardization

What you will do

• Responsible for developing and maintaining monthly financial and other reports and performing various financial analyses on monthly financial performance for assigned businesses.
• Assist with the development of financial information, including developing inputs based on sound reasoning given competitive and economic conditions, as well as preparing presentations for management review.
• Assist with the coordination and development of annual business line budgets based on the Bank's and the business lines' strategic plans and prepare presentations for management review.
• Perform ad hoc analyses and reporting for a wide range of purposes, including financial and economic analysis, transfer pricing, cost accounting, business line compensation, among others.

Must-Have*

• Minimum of 5 years of financial analysis experience required.
• Minimum of 5 years advanced Excel experience including minimum of 2 year complex formula/function development, writing macros in VBA, and utilizing PivotTables and other methods to manipulate large datasets.
• Minimum of 2 years of experience working in Microsoft Office

Skills and Knowledge

• Ability to accurately, thoroughly and efficiently handle/analyze a high data volume; organize analyzed data into simple, complete and concise presentation formats; envision the global issue, separate symptoms from causes, research thoroughly; weigh costs/benefits and derive sound conclusions.
• Ability to prioritize tasks and handle multiple projects at the same time, working under tight deadlines.
• Effective verbal/written communication skills to interact with all levels of Bank personnel and strong analytical skills required.
• Experience with Cognos TM1 and Peoplesoft a plus.
• Strong organizational skills - ability to handle multiple task simultaneously.
• Ability to establish strong working relationships. Effective at building appropriate rapport.
• Outstanding oral communications, written, and presentation skills; Solid business acumen and ability to convey complex concepts.
• Ability to thrive in an entrepreneurial environment and work successfully both independently and in a team.
• Proactively addresses routine questions and problems and attempts to address complex issues prior to referring to higher levels.

Compensation Starting base salary: $87,027 - $138,965 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks. ABOUT CITY NATIONAL
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.

*City National Bank does business in Miami and the state of Florida as CN Bank.

For more information about City National, visit cnb.com. EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION
City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.

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