Director Commercial Financial Planning & Analytics

Webster Financial Corporation

Founded in 1935, Webster's focus has always been to put people first doing whatever we can to help individuals, families, businesses, and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer. Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

Job Title

The primary role of this position is to manage critical financial planning and analysis processes for key Commercial business segments. This involves managing the annual long-range planning process, providing monthly / quarterly short-term financial outlooks, and performing strategic analysis of business performance relative to forecasts and historical comparative periods.

Responsibilities

Direct and coordinate annual strategic financial planning efforts for key Commercial business lines.

Construct and present monthly financial outlook updates (B / S, PPNR, efficiency, ROE) for each key Commercial business line while managing their financial operating risks and opportunities.

Provide deep dive analysis into each periodic (monthly, quarterly) business' financial performance from a Pre-Provision Net Revenue (PPNR) perspective and identify recurrent performance themes vs. non-repeating / transactional financial items that connects core business performance to financial results.

Lead projects and initiatives to enhance financial forecasting and analytical capabilities including efforts to validate data model accuracy and back testing of outputs to historical comparative benchmarks.

Collaborate with key Commercial business line leadership by providing timely feedback on financial inquiries and by proactively communicating internal deadlines and requirements for planning and forecasting exercises.

Lead projects to assess financial profitability of new product / program initiatives, strategic business carve-outs, and investment opportunities impacting commercial finance business lines of coverage.

Oversee effective internal quality controls around critical reporting processes and analytical frameworks.

Educations, Skills & Experience

Bachelor's degree is required. Advanced (Master's, PhD, etc.) degrees in Business Administration or Finance are a plus.

Minimum of seven to ten years of applicable work experience in financial planning and analysis. Prior work experience and knowledge of core financial services related accounting principles are a plus.

Candidate should possess superior analytical and statistical skills to process significant amounts of data and develop financial projections, analytical reporting and profitability optimization strategies.

Mastery of Microsoft Office suite (Excel, PowerPoint, Word) and Oracle EPM required.

Strong attention to detail and the ability to independently review and rationalize financial results with actual business trends and direction.

Excellent communication and interpersonal skills with the ability to interact effectively with all levels of the organization.

Strong problem-solving skills and the ability to think strategically and innovatively.

The estimated salary range for this position is $145,000 USD to $165,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

Webster Financial Corporation and its subsidiaries ("Webster") are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and / or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.