Global Finance and Business Management, Senior Associate

As a Treasury - Capital Management in the Commercial & Investment Bank Treasury team you will focus on capital management and support the development and execution of related strategies to influence optimize measure and report on business performance. You will have exposure across the firms Treasury teams and work with partners who manage the businesses balance sheet funding and liquidity strategies. You will collaborate with various stakeholders across the firm to drive business results while adhering to regulatory constraints and internal controls.

In addition you will assist the department and other team members with special projects or components of other projects as needed.

Job responsibilities:

Focus on capital allocation frameworks and methodology for Commercial Investment Bank including the following:

• Help drive consistency in financial resource allocations and business incentives across the firm product segment regional and client levels - considering the interaction of regulatory and economic risk constraints at various levels.
• Help in the development implementation and ongoing monitoring of CIB capital framework - including aggregation of data for pro forma analyses preparation of materials for Lines of Business (LOB) syndication related to new initiatives and real-time review of new business/trade opportunities
• Assist in routine and ad-hoc reviews of business-level returns on capital-consuming activities as measured through Return of Equity (ROE) and returns on other individual resource constraints (e.g. GSIB liquidity etc.)
• Develop understanding of current and future regulatory rule changes (e.g. Basel 3 Endgame globally capital reform advocacy in the U.S. Federal Reserve stress testing regime and related effects on firmwide capitalization decisions etc.) - understand the potential impacts on CIB evaluate mitigation strategies and serve as a subject matter expert for reporting inquiries (quarterly earnings prep Investor Day executive reviews etc.).
• Partner with internal stakeholders (Planning & Analysis Lines of Business Finance Risk and Technology) to support and improve business tools - providing real time insight on total client value and business returns and socializing impacts on performance measurement to end users and senior leadership
• Develop partnerships with key stakeholders and increase foundational knowledge of CIB businesses and operating environment as responsibilities progressively increase
• Oversee operational forecasting and budgeting tasks for certain CIB financial elements on a monthly and quarterly basis including collection of stakeholder inputs processing management reporting and routine variance analytics for items within scope of expertise (e.g. common and preferred equity allocations associated funds transfer pricing and dividends etc.)
• Enhancing controls and streamlining processes introducing automation where possible

Required Qualifications Capabilities and Skills:

• Bachelors degree in Accounting Finance or a subject of a technical nature
• 5 years of work experience in Financial Services and/or accounting/controller background
• Proficient in Microsoft applications specifically Excel and PowerPoint.
• Experience with Alteryx Tableau and AI tools - and other Data reporting/visualization tools. Proficiency with data mining/gathering and manipulation of data sets
• Strong verbal and written communication skills with the ability to articulate complex issues clearly
• Highly motivated self-starter and able to thrive and think clearly under pressure and tight deadlines - with excellent time management/prioritization skills
• Team player with the ability to be respected as a trusted partner for the Business Finance and FP&A Teams

Preferred Qualifications Capabilities and Skills:

• Professional accounting or financial qualification a plus (e.g. CFA CPA CA ACCA)
• Experience in analytical reviews and presentation of business performance
• Previous experience in a finance or planning role in banking or financial services
• Strong fundamental understanding of bank profitability key drivers of risk and return and the impact of external trends or industry regulation
• Experience with financial resource management in a bank treasury environment supporting different CIB products (Banking and Markets)

• Knowledge of U.S. implementations of Basel regulatory capital rules a plus (e.g. leverage requirements Risk- weighted assets Global Systemically Important Bank surcharge (GSIB) Stress Capital Buffer (SCB) Comprehensive Capital Analysis & Review (CCAR) etc.)