Details:

Description:

: 28134
Financial Analyst IV Full Time



Regular posted 08/26/2010
Los Angeles, CA

Requirements

Position Summary:

Responsible for providing financial analysis in support of the bank's financial planning and capital budgeting process, business unit profitability, product profitability, product pricing and merger and acquisition activities. Performs a variety of highly complex and diverse analytical duties including the collection and analysis of financial data from reports and various sources; performs statistical analyses. Serves as a consultant to management. May act in a lead capacity.

Position Accountabilities:

1. Analyzes proposed plans including pricing, products, programs, and investments to determine costs and profit; analyzes results of proposals implemented.

2. May plan, conduct and supervise long term projects.

3. Conducts research and complex studies involving financial analysis, strategic planning, and cost allocations. Prepares management reports and makes presentations on study results.

4. Prepares the evaluation of transfer pricing methods and pricing alternatives.

5. Periodically reviews and evaluates actual financial performance of the bank's business units and performs variance analysis relative to plan.

6. Analyzes and interprets financial data and compiles statistical reports on current financial developments, financial policies and plans, and significant organization developments.

7. Assists in the development and implementation of customer and product profitability in conjunction with various other units.

8. Researches relevant business developments in the organization and/or within the industry.

9. Assists with the integration of acquired entities into the unit profitability reporting and budgeting processes.

10. Performs other duties as assigned or requested.

Job Specifications:

Req Education or Equivalent Experience:

· Bachelor's Degree or equivalent combination of education and experience

Pref Education or Equivalent Experience:

· Master's Degree or CPA

Required Experience:

· Seven to ten years of experience in banking/financial services industry preferred

· Six to eight years of financial analysis experience

Field of Experience:

· Thorough knowledge of financial and cost accounting, financial analysis and principles of economics

· Thorough knowledge of financial institution balance sheet and profit and loss analysis techniques

· Thorough understanding of regulatory issues such as capital issues and GAAP accounting issues as they relate to the banking industry

· Thorough understanding and application of principles, standards, industry practices, techniques and concepts, as well as contributing to the development of new concepts, techniques and standards

· Exercises judgment in selecting methods, techniques and evaluation criteria for obtaining results

· Demonstrated ability to develop solutions to highly complex and diverse analytical problems which requires an in-depth evaluation of variable factors

Administrative/Technical Skills:

· Analytical and research

· Balance figures

· Bank product and service knowledge

· Compile statistics

· Coordinate and lead meetings

· Perform math and analysis

· Presentation skills

· Problem solving

· Research information

· Use personal computers

· Verbal and written communication skills

Level Supervised:

· May act in a lead capacity/instructional role for employees

· May lead employees on projects

• OK to receive phone calls about this job.