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Senior Manager, Management Reporting

Senior Manager, Management Reporting

Federal Home Loan Bank of New YorkNew York, NY, US
30+ days ago
Job type
  • Full-time
Job description

Senior Manager, Management Reporting (VP) New York City Hybrid

This position will be a deputy to the Director of Management Reporting and will support the Bank's analytical and financial reporting processes. The processes include budgeting, financial modeling, transfer pricing, cost allocations, profitability reporting, forecasting, and financial analyses. Additionally, this position will manage monthly asset liability modeling and various special projects assigned to the department.

Performance Analysis

  • Manage the monthly modeling of balance sheet and net income projections using the PolyPaths application and the analyses of the resulting projections.
  • Manage and review the monthly transactional data and the projection of the monthly forecast using the income simulation application. Evaluate the monthly PolyPaths setup for all interest rate scenarios, prepayment functions, and exercise schedules for all instruments with optionality.
  • Manage the monthly commentaries and summary report for the Bank's profitability by major products.
  • Present the profitability analysis at the Bank's Super Tuesday ALMC meeting on a quarterly basis.
  • Review the dividend payout and incentive compensation payout calculations.

Annual Budgeting and Forecasting

  • Manage the development of the annual strategic and business plan.
  • Oversee the development of the annual business plan and forecast that includes the review of the baseline operating expenses, and service fees revenue in the Workday Adaptive Planning application.
  • Manage the development of the Bank's capital forecast and the review of the project budget within the ServiceNow System.
  • Lead the preparation of the annual budget packages that are presented to group heads and the board of directors.
  • Departmental Reporting, Application, and Special Projects

  • Manage the maintenance, enhancement, and troubleshooting of the Income Simulation application and database as well as prepayment modeling and MBS modeling applications.
  • Manage and direct the enhancement of other departmental applications : Workday Adaptive Planning and Workday Core Financials Capital Projects and Business Assets applications.
  • Review the analytical reports and monthly / quarterly work performed by Senior Analysts for accuracy and completeness.
  • Spearhead special projects as requested by the CFO and / or other senior management of the Bank.
  • Provide advice and training to other areas of the Bank regarding the use and understanding of the budgeting processes, software, and analytical reports.
  • Identify opportunities to improve and streamline the processes and methodologies for all analytical reports produced by our department.
  • Additional Responsibilities

  • Develop staff based on the established development plan train and provide guidance to staff members on the daily operations of the department as well as report production.
  • Identify opportunities to improve and streamline the processes and methodologies for all analytical reports produced by our department.
  • Skills & Experience

  • 15+ years of experience in ALM projection modeling, analytics, budgeting, and financial reporting, including profitability analysis and forecasting, within the financial industry.
  • Proven team leadership experience, with a track record of managing, motivating, and developing high-performing teams.
  • Strong asset liability management and balance sheet analytics.
  • Excellent knowledge of various asset liability modeling frameworks such as QRM and PolyPaths
  • Exceptional Excel skills.
  • Strong quantitative, analytical, and problem-solving skills.
  • Strong budgeting and forecasting, and financial reporting skills
  • Ability to manage multi-projects simultaneously, to prioritize workload, to delegate tasks appropriately, in order to increase productivity.
  • Strong Project management skills.
  • Excellent interpersonal abilities, with strengths in communication, organization, and team collaboration.
  • B.S. in Finance or similar
  • Master's degree in finance and / or Chartered Financial Analyst, preferred.
  • Salary range - $240,000 - $270,000

    The Federal Home Loan Bank of New York is committed to recruit, hire, develop, motivate, promote, retain, and compensate all applicants and employees in a nondiscriminatory manner without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a parent, disability, genetic information, military or veteran status, or any other characteristic protected by applicable law (including title VII of the Civil Rights Act of 1964).

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    Manager Reporting • New York, NY, US

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