Posted in General Business 23 days ago.
Type: Full-Time
Position Title
Financial Analyst
Location
NYCB Plaza -102 (Hicksville, NY)
Job Summary
The Financial Analyst is responsible for financial reporting and analysis, report development, and communicating with business line leadership regarding financial performance and forecasting. This includes financial reporting for actual results, forecast, budget and performance analysis for a specific line of business. This position works closely with senior business leaders and others in the business units and within finance to contribute to the long term growth, development and profitability of the broader organization.
Pay Range: $47,500.00 - $67,500.00 - $87,500.00
Job Responsibilities:
Developing and maintaining regularly scheduled reports for the business units. Ensuring information is accurate and distributed on time. This includes creating reports with and using various software tools such as Hyperion, MS Excel, and MS Access.
Assisting with production forecasts and assumptions to keep management updated on current trends each week. In addition, coordination of bottoms up forecasting from leadership on a monthly basis.
Analysis of current production volume & margins, concentrations, and comparing to desired thresholds or market data. This is important since management relies on analysis to spot opportunities and threats. Comparison to peers and industry is powerful information which drives better discussions for the business.
Supporting divisional CFO team with ad hoc requests for the business. Complete on time and addressing any questions or modifications.
Adhere to all REGULATORY AND COMPLIANCE issues linked to the job and the team and understand how these issues help the bank achieve the vision of remaining an independent bank. (required for all positions)
Staff member is expected to consistently adhere to regulatory and compliance policies and standards linked to their job as listed. Staff member will not repeatedly act in a manner signifying intentional or willful noncompliance, nor exhibit gross negligence or a general disregard for compliance and regulatory standards. Staff member must ensure compliance with applicable federal, state and local laws and regulations. Staff member must complete all required compliance training on a timely basis. Staff member will maintain knowledge of and adhere to Flagstar's internal compliance policies and procedures. Staff member must take responsibility to keep up to date with changing regulations and policies.
COMPETENCIES
Core Corporate Competencies
Compliance
Ensures compliance with applicable federal, state and local laws and regulations. Completes all required compliance training. Maintains knowledge of and adhere to Flagstar's internal compliance policies and procedures. Takes responsibility to keep up to date with changing regulations and policies.
Collaboration
Understands the importance or relationships to enable effective teamwork. Modifies personal style, focuses on the needs of others, and listens effectively to ensure effective outcomes for group endeavors.
Results Focus
Takes a dynamic approach to work characterized by initiating decisions and actions. Concentrates on achieving the outcomes of a process or project while adhering to the overall strategy of the organization. Creates a culture of accountability and performance.
Work Ethic
Demonstrates attributes of ethical behaviors, high personal standards, and sound work ethic all employers should expect of employees. Consistently treats others with respect and understanding. Responds in a timely manner to all customers and co-workers.
LEVEL OF EDUCATION / EXPERIENCE / KNOWLEDGE:
Bachelors DegreeorMasters Degree
Field of Study:
Bachelor's degree in Accounting, Finance, Economics, or Statistics preferred
Professional Certification(s) / License(s): Preferred or Required
SKILLS:
CAREER PATH:
Finance, IT, Capital Markets, Sales, Treasury, Risk Management
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