Director Commercial Financial Planning & Analytics

Webster Financial Corporation

If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our 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!

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.

The candidate must possess a strong work ethic, established prior FP&A leadership experience, adept knowledge of financial modeling methods, and proven ability to work with senior business line executives in setting performance goals and communicating risks and opportunities. The ideal candidate will have several years of relevant experience in a financial services setting, particularly in the Commercial banking space. Candidates with experience navigating transformational process and organizational changes is an additional plus.

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 :

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.