Specialist, Financial Planning & Analysis

Overview

Deposits COE is responsible for providing business, financial, and/or systems analysis and reporting support for deposits. The person is accountable for ensuring good governance model to deliver complex analytics and reporting . S/he plays an integral role providing support for the development of period end commentary, variance analyses, and reporting, supporting KPI metrics tracking and performing NIR and Deposit planning / Forecasting activities.

The Deposits Center of Excellence (COE) is tasked with the responsibility of being data stewards of deposits across the organization with focus on end to end (front to back) optimization, adopting digital automation to provide, accurate, complete, and timely data sets. Efficient, flexible, scalable delivery of control, data management and reporting services.
The team works closely with other businesses and other functional teams to achieve these goals.

Key Responsibilities

• Full ownership of monthly financials and management reporting related to deposits; including oversight of all financial reporting for deposits, monitoring activity throughout the month end close and providing management with regular updates on monthly performance and results
• Understand and evaluate the impact to deposits from the changes in rates, Fed balance sheet actions, flows, product mix, currency mix, etc.
• Partner with the Treasury and Business teams to analyze deposit scenarios at client level, client level ROA analysis and NIR estimation and projections
• Develop robust reporting and analytics of operating results while ensuring completeness and accuracy of the financial statements
• One stop shop for communicating changes and answering questions related to deposits
• Central hub for all Deposit related reporting and analytics like Dailies, weeklies, and monthly deposits analysis reports for senior management
• Proactively use various financial systems to gather the needed information accurately and efficiently. Bridging multiple tools and application and trying to connect the gaps
• Focus on automation of the reporting while ensuring data governance leading to improved data quality
• Lead the consolidation of the annual business plan and all financial forecasts for Deposits across businesses

Bachelor’s degree in finance, accounting, or business or the equivalent combination of education and experience.6-12 years of total work experience preferred,, experience in financial planning and analysis preferred. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world’s financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It’s the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.