Consumer & Community Bank Finance Job Description
Consumer & Community Bank Finance Duties & Responsibilities
To write an effective consumer & community bank finance job description, begin by listing detailed duties, responsibilities and expectations. We have included consumer & community bank finance job description templates that you can modify and use.
Sample responsibilities for this position include:
Consumer & Community Bank Finance Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Consumer & Community Bank Finance
Typically a job would require a certain level of education.
Employers hiring for the consumer & community bank finance job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, MBA, Economics, Finance/Economics, Business, Mathematics, Statistics, Engineering, Graduate
Skills for Consumer & Community Bank Finance
Desired skills for consumer & community bank finance include:
Desired experience for consumer & community bank finance includes:
Consumer & Community Bank Finance Examples
Consumer & Community Bank Finance Job Description
- Implement new accounting standards and reporting requirements by staying current with evolving GAAP and regulatory changes impacting the business into FRI logic
- Administer, develop, and maintain Excel based reports and upload templates through intranet software (Dodeca)
- Raise and monitor all project risks
- Coordinate operational readiness and stakeholder “go-live” review and sign-off
- Partner with product management and other business stakeholders to evaluate profitability of ongoing and proposed new investments
- Manage financial reporting and results communication for Commercial Card sub-product financials
- Interact with various levels of Field management (i.e., Branch Managers and Market Directors) to help them understand the mechanics of the Branch Scorecard, identify key drivers of their Scorecard performance
- Candidate will be responsible for the valuation of potential new co-brand partnership opportunities
- Candidate will conduct financial analysis to support the Ultimate Rewards & Loyalty Solutions team the Strategic Alliance and Digital Wallets team
- Design and scale post implementation review process to analyze results of business investments and compare against original business case for key learnings
- BS degree in relevant technical fields
- This role requires strong financial modeling and analytical skills
- Project experience, demonstrated ability to manage to project plan and keep deliverables on track
- Provide support for quarterly earnings releases and analyst presentations
- Compile business review presentations for the CEO
- Perform analysis on financial information and present results to senior management
Consumer & Community Bank Finance Job Description
- Liaise between central P&A and Technology / Digital Finance teams to ensure the calendar of deliverables is clear and any ad-hoc requests are handled
- Collaborate with IT, Project Management, Business Stakeholders and Finance to develop assumptions, thoroughly vet business cases and provide annual budget guidance
- Collaborate with Sales, Relationship Management and Finance to develop strategies to improve profitability and customer experience
- Proactively analyze trends, research issues and respond to inquiries to help provide insight and decision support to senior management
- Work closely with accounting, the MIS team, and other P&A teams
- Work closely with other LOB P&A teams, CCB P&A team, Business Unit Presidents and CFO teams
- Partner with Dealer Services staff to create/modify headcount and expense budgets and forecasts
- Communicate findings and insights to internal teams, including Senior leadership
- Prepare, troubleshoot and analyze the results of capacity tools on a weekly basis
- Prepare forecast review documents for each capacity plan and revisions to be distributed to leadership for review and discussion
- Analyze and communicate business strategy and results to investors
- Develop competitor analysis presentations comparing JPMC with industry peers
- Provide CFO with direct support on various projects
- Proficiency in data analysis using Python, R or other programming languages/software preferred
- Technical understanding of data extraction, transformation and load processing preferred
- Experience in financial valuations
Consumer & Community Bank Finance Job Description
- Support Card Finance in executing both the annual/semi-annual business planning forecasts (Budget/MYF), annual/semi-annual stress forecast (CCAR/ICAAP) and the quarterly Risk Appetite stress forecasts
- Support Card Finance in all Stress forecasting processes including governance, line item mapping, documentation, Risk Control Self Assessments (RCSA’s) and internal audits
- Develop business allocation rules to create account level results and automated monthly production checks to ensure data integrity
- Requires a strong understanding of home lending industry and its key business driverse
- Establish proper sources for information (people, systems, research) and develop approaches for gathering, analyzing and distilling into findings / recommendations
- Leverage and develop less experienced team members, providing training, coaching and feedback
- Prepare forecast review documents for each capacity plan revision to be distributed to sales leadership for review and discussion
- Lead the process for all financial reporting – actuals, budget and forecast – with clear articulation to stakeholders of drivers, variances, risks and opportunities
- Communicate actual results, budgets and forecasts to the senior leadership team in a concise and actionable manner and provide insights critical to delivering business goals
- Enhance the current processes and reporting, including working with partner teams on improving data quality, introducing new tools, and rationalizing and streamlining reports
- Marketing Forecast Process
- Experience creating executive level PowerPoint presentations with high degree of visual appeal and concise written commentary
- Project management skills - Candidate must be organized, have strong attention to detail and able to meet commitments and manage multiple tasks at the same time
- Problem solving skills / Creative thought process - Candidate must demonstrate the ability to identify key issues, gather data to investigate those issues and develop actionable recommendations
- Analyze balance transfer offer profitability
- Maintain and improve the forecast engines used in valuations
Consumer & Community Bank Finance Job Description
- Establish and maintain an effective working relationship with Accounting regarding monthly P&L impacts to the Big Data line of business
- Responsible for loading and validating data in Essbase
- Analyze financial results, perform Quality Assurance and Quality Control procedures
- Ensure all control procedures and governance/required documentation are updated and in compliance within the controls framework
- Support the preparation of internal and external forecast submissions to CCB P&A and the FRB
- Support the preparation of quarterly regulatory reports (FRY 14Q, Schedules G and M)
- Build and maintain financial models and forecasts in support of planning and analysis activities
- Ensure revenue and expense budgets are aligned with business strategy and targets, and track, analyze, and explain variances vs
- Perform ad hoc strategic projects such as backbook pricing reviews, creation of new pricing models, development / review of business cases
- Research and analyze performance and trends in the industry, business, and portfolio
- SAS and SQL experience required
- Expert business/technical writing and communications a must with strong speaking/presentation ability
- A pragmatic problem solver and “out-of-the box” analytical thinker
- Strong, change, program and project management (expertise in both Agile and Waterfall delivery methods in order to drive change across Governance structures (e.g., PMO, Tools, Reporting and Delivery)
- Ability to facilitate meetings with subject matter experts (SMEs) and senior management
- Bachelor’s degree in business, finance, MIS or an applicable discipline preferred
Consumer & Community Bank Finance Job Description
- Build and foster strong partnerships across teams to execute core and ad-hoc responsibilities
- Partner with the business to develop key performance metrics tied to our self-service transformation and effectively communicate the savings linked to these efforts
- Enhance Digital sponsored business case process to facilitate quarterly post-mortem reviews to confirm assumptions and track results against the pre-defined KPIs
- Support the evaluation of feature / function deployment to measure digital productivity
- Support investor day, earnings, through inquiries and analysis of various digital products and metrics
- Work with key partners and stakeholder to enhance existing financial processes and analytic models to support digital business
- Active participation in structuring of Head of Digital Weekly Staff Meetings, Town Halls, Off-sites and executive communications
- Work with key partners and stakeholders to enhance existing financial processes and financial models to support the Big Data line of business
- Review product allocation models/rules and examine incoming / outgoing Tech allocations
- Using Plan 365 to establish budget and source data
- Fluent in Microsoft Office applications (especially Excel and PowerPoint)
- Ownership of ad-hoc analysis and evaluation of proposals impacting Servicing profitability
- Bachelor’s degree in Finance, Economics or Accounting (or related discipline)
- VBA/macro skills are a plus
- Advanced degree helpful, but not required
- 2 years of related financial analytical experience preferred