Financial Analyst

4 weeks ago


Norwich, United States NBT Bank Full time

Pay Range: $27.63 - $36.89

Responsible for maintaining the integrity of the profitability system, MPC, in regards to organizational changes, allocation methodologies, statistical and cost allocation updates. Also responsible for maintaining the integrity of DMS/FTP processing with regards to organizational and product type changes. Responsible for analyzing, assembling and summarizing data, preparing reports and presenting results of the profitability reports with finance department management and business line managers. Assist in the preparation, analysis and presentation of findings of various financial models to support strategic decision making. Prepare, analyze and making presentations of findings of ad hoc financial analysis in support of strategic corporate initiatives. Works closely with the Finance, Accounting and Treasury management to complete assigned projects.

Education and Experience:

Bachelor’s degree in Finance, Economics or Mathematics or equivalent education and experienceTwo to four years banking industry experience a plus

Skills and Abilities:

High degree of PC proficiency to include Microsoft Office Strong financial analytic and problem solving skills Basic accounting knowledge General understanding of Banking and Banking profitability metrics Strong organizational skills and detail oriented Ability to work independently and in groups, self-motivated and energetic Knowledge of databases and querying tools a plus

Tasks Performed:

35% Develop, build, maintain and update the Company’s profitability system MPC. This position will be responsible for keeping the profitability system current by regular interaction with business line managers and concurrent updates to existing allocations, reporting and hierarchy changes. In addition the position will require; building new allocations, creating new reports and hierarchies to meet evolving business demands and organizational changes. 20% Develop and enhance profitability reporting across the bank’s various divisions by collaborating with business line managers and understanding their reporting needs. 15% This position will be responsible for the monthly maintenance and processing of the Data Management System DMS and Funds Transfer Pricing FTP. The position will also be responsible for resolving bank product type changes and hierarchy changes as they relate to DMS/FTP. 10% Analyze and make presentations of findings of profitability reporting to management. Make recommendations on ways to enhance the profitability of the Company. 10% Prepare, analyze and present findings of financial models as needed to support strategic initiatives for the Finance Division and the Company. 10% Other duties as assigned

Physical Requirements:

Communicate effectively with internal and/or external customers Stationary 75% of time or greater Move Objects to Maximum 10 lbs

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