Sr FPA Analyst
Sr FPA Analyst
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Job Description
Were building a relationshiporiented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats right for our clients.
At CIBC we embrace your strengths and your ambitions so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
To learn more about CIBC please visit CIBC
U.S. Financial Planning & Analysis partners with the business lines and other functional groups to provide insight and analysis. Our core responsibilities include business performance measurement and assessment analyzing results and recommending improvements; Provide strategic advice to senior management; and support the strategic planning and forecasting processes. Our bank relies on our group to make better decisions plan for the future and effectively manage its balance sheet and business as a whole.
What youll be doing
The Sr. Financial Analyst position within the Financial Planning & Analysis group will be responsible for consolidating SBU quarterly and monthly forecast and annual plan producing and coordinating on monthly and quarterly reporting and variance analysis projecting risk weighted capital and acting as backup for capital planning.
At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work youll be onsite in our Chicago IL office anywhere between one to three days a week.
How youll succeed
Reporting & Analysis
Preparation of the monthly and quarterly SBU reporting packs. Provide insightful analysis that identifies the business drivers during the quarter and tells the story of the financials.
Provide variance analysis to executive management as well as enterprise central planning team.
Provide support to direct manager and Head of FP&A on ad hoc basis.
Lead the effort to build and redesign reporting as part of our Finance Modernization program.
Forecasting and Planning
Manage and coordinate on quarterly forecast schedule among LOB analyst systems and enterprise central planning team.
Run quarterly forecasts for certain SBU topofthehouse management rollups including but not limited to rates FX provisions sharebased compensation etc.
Reconcile and align forecast results between US local Essbase and enterprise Essbase.
Under the direction of Head of FP&A manage offline and offcycle forecasts by maintaining LE Overlay template.
Provide support to direct manager and Head of FP&A on ad hoc basis.
Apply required control standard and maintain required documentation.
Act as backup for Bank and BHC capital planning process.
Who you are
You must demonstrate strong analytical skills investigation stills and problem solving skills.
You are proficient in MS Excel (lookups pivot tables and data manipulation).
You can prepare executive level PowerPoint presentations to tell the story of the financials and the business.
You have Essbase experience required; experience with business intelligence tools such as Tableau Power BI or QlikView is a plus though not required.
You understand banking basics understand a Banks balance sheet and P&L.
You must be a selfstarter.
You possess 5 years of experience including Financial Planning or Financial Reporting preferably in banking industry.
You are able to prioritize and manage multiple requests frequently working under tight time constraints.
You are flexible due to the nature of financial reporting during quarter end reporting cycles occasional weekend work may be required. Employees receive floating vacation days when weekend work is conducted. Candidates need to be comfortable with such an arrangement.
At CIBC we offer a competitive total rewards package. This role has an expected salary range of $110K $130K for the Chicago IL market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees needs; including Medical Dental Vision Health Savings Account Life Insurance Disability and Other Insurance Plans Paid Time Off (including Sick Leave Parental Leave and Vacation) Holidaysand 401(k) in addition to other special perks reserved for our team members.
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What CIBC Offers
At CIBC your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career rather than just a paycheck.
We work to recognize you in meaningful personalized ways including a competitive salary incentive pay banking benefits a benefits program* a vacation offering wellbeing support and MomentMakers our social pointsbased recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
*Subject to plan and program terms and conditions
What you need to know
CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation please contact
You need to be legally eligible to work at the location(s) specified above and where applicable must have a valid work or study permit.
We may ask you to complete an attributebased assessment and other skills tests (such as simulation coding MS Office). Our goal for the application process is to get to know more about you all that you have to offer and give you the opportunity to learn more about us.
Job Location
IL120 S LaSalle StEmployment Type
RegularWeekly Hours
40Skills
Analytical Thinking Financial Analysis Financial Reporting and Analysis Internal Controls Operating Effectiveness Work CollaborativelyRequired Experience:
Senior IC
Employment Type
Full-Time
