Bread Financial
Capital Planning Lead
Bread Financial, Columbus, Ohio, United States, 43224
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Job SummaryThe Capital Planning Lead drives the broader capital management framework within the Capital Planning organization through ownership of capital reporting and modeling. The role assists in capital planning stress testing to assess the stability of our capital position when operating under adverse conditions. Stress testing is used to examine safety and soundness of the company's capital position against both idiosyncratic and systemic events.
Essential Job Functions
Create and update ad-hoc reporting based on business needs. Exhibit meticulous attention to detail and ensure high-quality information. Independently use data sources such as Essbase, SQL, and MicroStrategy to build and maintain reports. Present stress testing results and other reports to all management levels, influencing decisions. Review analysts’ work and provide constructive feedback. - (50%)
Assist in execution of capital stress testing, including model execution, result reporting, and presentation. Analyze macroeconomic and internal data to understand key drivers of stress against our Capital position. Forecast and report on baseline balance sheet and capital. - (35%)
Ensure proper governance and controls for all related processes and tools including support for reviews/exams/audits. Complete quality control reviews on all reporting and stress testing. Support, update and enhance capital related policies. - (15%)
Minimum Qualifications
Bachelor’s Degree in Finance, Accounting, Economics, Analytics, or related field of study or equivalent, relevant work experience.
8+ years experience in the Financial Services field, utilizing advanced functions in software like Excel, SQL, etc for complex analysis and reporting.
Preferred Qualifications
Master’s Degree in Finance, Accounting, Economics, Analytics, or related field of study or equivalent, relevant work experience.
10+ years experience in the Financial Services field, utilizing advanced functions in software like Excel, SQL, etc. for complex analysis and reporting.
Skills
Microsoft Office
MicroStrategy
Reporting Tools
Financial Modeling
Reports ToDirector and above
Direct Reports0
Work Environment
Normal office environment.
This position is hybrid with an onsite schedule of 3 - 4 days per month.
In-office requirements are subject to change based on business need.
This position is currently available to candidates that reside within 60 miles of a Bread Financial location.
Physical and Mental RequirementsTo perform this job successfully, an individual must be able to perform each essential job function satisfactorily and meet the physical, mental and work environment requirements. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions, absent undue hardship.
Communicate/Hearing
Communicate/Talking
Stationary Position/Seated
Typing/Writing
Maintain focus in high pressure or fast-paced work environment
Other DutiesThis job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.
Typical Starting Range$97,900.00 - $177,400.00
Full Salary Range for positionCalifornia: $112,600.00 - $221,800.00Colorado: $97,900.00 - $186,300.00New York: $107,700.00 - $221,800.00Washington: $102,800.00 - $204,000.00Maryland: $102,800.00 - $186,300.00Washington DC: $112,600.00 - $204,000.00
The actual base pay within this range may be dependent upon many factors, which may include, but are not limited to, work location, education, experience, and skills.
Bread Financial offers medical, prescription drug, dental, vision, and other voluntary benefits (including basic and optional life insurance, supplemental medical plans, and short and long-term disability) to eligible associates (regular full-time associates scheduled to work 30 hours per week or more) and their spouses/domestic partners, and child(ren) under the age of 26. New associate elected coverage begins on date of hire (with the exception of disability coverage which has a 6-month waiting period). Six weeks of 100% paid parental leave for eligible parents is available after a 180-day waiting period. Hired associates can immediately enroll in Bread Financial’s 401(k) plan.
All associates receive 11 paid holidays. Associates have discretion in managing their time away from work through the Flexible Time Off (FTO) program and may need to notify and receive approval from their manager prior to taking the time off. Associates (except those located in Illinois) receive 80 hours of Paid Sick and Safe Time (“PSST”) upon hire and at the beginning of each subsequent calendar year. Illinois associates receive 40 hours of Illinois PSST upon hire and at the beginning of each subsequent calendar year and 40 hours of Illinois Paid Leave upon hire and at the beginning of each subsequent calendar year. Illinois Paid Leave must be used before associates in Illinois will be approved to take FTO.
Hired associates will be able to elect the purchase company stock during offering periods in June and December. You will be eligible for an annual incentive bonus based on individual and company performance.
Click
here
for more Benefits information.
About Bread FinancialAt Bread Financial, you’ll have the opportunity to grow your career, give back to your community, and be part of our award-winning culture. We’ve been consistently recognized as a best place to work nationally and in many markets and we’re proud to promote an environment where you feel appreciated, accepted, valued, and fulfilled—both personally and professionally. Bread Financial supports the overall wellness of our associates with a diverse suite of benefits and offers boundless opportunities for career development and non-traditional career progression.
Bread Financial (NYSE: BFH) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions. The company creates opportunities for its customers and partners through digitally enabled choices that offer ease, empowerment, financial flexibility and exceptional customer experiences. Driven by a digital-first approach, data insights and white-label technology, Bread Financial delivers growth for its partners through a comprehensive suite of payment solutions that includes private label and co-brand credit cards and Bread Pay buy now, pay later products. Bread Financial also offers direct-to-consumer products that give customers more access, choice and freedom through its branded Bread Cashback American Express Credit Card, Bread Rewards American Express Credit Card and Bread Savings products.
Headquartered in Columbus, Ohio, Bread Financial is powered by its approximately 7,000 global associates and is committed to sustainable business practices. To learn more about Bread Financial, visit breadfinancial.com or follow us on Facebook, LinkedIn, X and Instagram.
Bread Financial offers competitive pay, a comprehensive selection of benefit options including 401(k).
The Company is an Equal Opportunity Employer.
Any applicant offered employment will be required to establish that they are legally authorized to work in the United States for the Company.
The Company participates in E-Verify.
The Company will consider for employment all qualified applicants, including those with a criminal history, in a manner consistent with the requirements of all applicable federal, state, and local laws, including the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act. Applicants with criminal histories are encouraged to apply.
The Company complies with the Americans with Disabilities Act (ADA), as amended, and all applicable state/local laws. The Company will provide accommodations to applicants needing accommodations to complete the application process. Applicants with disabilities may contact the Company to request and arrange for accommodations. If you need assistance to accommodate a disability, you may request an accommodation at any time. Please contact the Recruiting Team at TaOps@breadfinancial.com.
Job Family:Finance & Accounting
Job Type:Regular
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Be challenged. Be heard. Be valued. Be you ... be here.
Job SummaryThe Capital Planning Lead drives the broader capital management framework within the Capital Planning organization through ownership of capital reporting and modeling. The role assists in capital planning stress testing to assess the stability of our capital position when operating under adverse conditions. Stress testing is used to examine safety and soundness of the company's capital position against both idiosyncratic and systemic events.
Essential Job Functions
Create and update ad-hoc reporting based on business needs. Exhibit meticulous attention to detail and ensure high-quality information. Independently use data sources such as Essbase, SQL, and MicroStrategy to build and maintain reports. Present stress testing results and other reports to all management levels, influencing decisions. Review analysts’ work and provide constructive feedback. - (50%)
Assist in execution of capital stress testing, including model execution, result reporting, and presentation. Analyze macroeconomic and internal data to understand key drivers of stress against our Capital position. Forecast and report on baseline balance sheet and capital. - (35%)
Ensure proper governance and controls for all related processes and tools including support for reviews/exams/audits. Complete quality control reviews on all reporting and stress testing. Support, update and enhance capital related policies. - (15%)
Minimum Qualifications
Bachelor’s Degree in Finance, Accounting, Economics, Analytics, or related field of study or equivalent, relevant work experience.
8+ years experience in the Financial Services field, utilizing advanced functions in software like Excel, SQL, etc for complex analysis and reporting.
Preferred Qualifications
Master’s Degree in Finance, Accounting, Economics, Analytics, or related field of study or equivalent, relevant work experience.
10+ years experience in the Financial Services field, utilizing advanced functions in software like Excel, SQL, etc. for complex analysis and reporting.
Skills
Microsoft Office
MicroStrategy
Reporting Tools
Financial Modeling
Reports ToDirector and above
Direct Reports0
Work Environment
Normal office environment.
This position is hybrid with an onsite schedule of 3 - 4 days per month.
In-office requirements are subject to change based on business need.
This position is currently available to candidates that reside within 60 miles of a Bread Financial location.
Physical and Mental RequirementsTo perform this job successfully, an individual must be able to perform each essential job function satisfactorily and meet the physical, mental and work environment requirements. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions, absent undue hardship.
Communicate/Hearing
Communicate/Talking
Stationary Position/Seated
Typing/Writing
Maintain focus in high pressure or fast-paced work environment
Other DutiesThis job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.
Typical Starting Range$97,900.00 - $177,400.00
Full Salary Range for positionCalifornia: $112,600.00 - $221,800.00Colorado: $97,900.00 - $186,300.00New York: $107,700.00 - $221,800.00Washington: $102,800.00 - $204,000.00Maryland: $102,800.00 - $186,300.00Washington DC: $112,600.00 - $204,000.00
The actual base pay within this range may be dependent upon many factors, which may include, but are not limited to, work location, education, experience, and skills.
Bread Financial offers medical, prescription drug, dental, vision, and other voluntary benefits (including basic and optional life insurance, supplemental medical plans, and short and long-term disability) to eligible associates (regular full-time associates scheduled to work 30 hours per week or more) and their spouses/domestic partners, and child(ren) under the age of 26. New associate elected coverage begins on date of hire (with the exception of disability coverage which has a 6-month waiting period). Six weeks of 100% paid parental leave for eligible parents is available after a 180-day waiting period. Hired associates can immediately enroll in Bread Financial’s 401(k) plan.
All associates receive 11 paid holidays. Associates have discretion in managing their time away from work through the Flexible Time Off (FTO) program and may need to notify and receive approval from their manager prior to taking the time off. Associates (except those located in Illinois) receive 80 hours of Paid Sick and Safe Time (“PSST”) upon hire and at the beginning of each subsequent calendar year. Illinois associates receive 40 hours of Illinois PSST upon hire and at the beginning of each subsequent calendar year and 40 hours of Illinois Paid Leave upon hire and at the beginning of each subsequent calendar year. Illinois Paid Leave must be used before associates in Illinois will be approved to take FTO.
Hired associates will be able to elect the purchase company stock during offering periods in June and December. You will be eligible for an annual incentive bonus based on individual and company performance.
Click
here
for more Benefits information.
About Bread FinancialAt Bread Financial, you’ll have the opportunity to grow your career, give back to your community, and be part of our award-winning culture. We’ve been consistently recognized as a best place to work nationally and in many markets and we’re proud to promote an environment where you feel appreciated, accepted, valued, and fulfilled—both personally and professionally. Bread Financial supports the overall wellness of our associates with a diverse suite of benefits and offers boundless opportunities for career development and non-traditional career progression.
Bread Financial (NYSE: BFH) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions. The company creates opportunities for its customers and partners through digitally enabled choices that offer ease, empowerment, financial flexibility and exceptional customer experiences. Driven by a digital-first approach, data insights and white-label technology, Bread Financial delivers growth for its partners through a comprehensive suite of payment solutions that includes private label and co-brand credit cards and Bread Pay buy now, pay later products. Bread Financial also offers direct-to-consumer products that give customers more access, choice and freedom through its branded Bread Cashback American Express Credit Card, Bread Rewards American Express Credit Card and Bread Savings products.
Headquartered in Columbus, Ohio, Bread Financial is powered by its approximately 7,000 global associates and is committed to sustainable business practices. To learn more about Bread Financial, visit breadfinancial.com or follow us on Facebook, LinkedIn, X and Instagram.
Bread Financial offers competitive pay, a comprehensive selection of benefit options including 401(k).
The Company is an Equal Opportunity Employer.
Any applicant offered employment will be required to establish that they are legally authorized to work in the United States for the Company.
The Company participates in E-Verify.
The Company will consider for employment all qualified applicants, including those with a criminal history, in a manner consistent with the requirements of all applicable federal, state, and local laws, including the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act. Applicants with criminal histories are encouraged to apply.
The Company complies with the Americans with Disabilities Act (ADA), as amended, and all applicable state/local laws. The Company will provide accommodations to applicants needing accommodations to complete the application process. Applicants with disabilities may contact the Company to request and arrange for accommodations. If you need assistance to accommodate a disability, you may request an accommodation at any time. Please contact the Recruiting Team at TaOps@breadfinancial.com.
Job Family:Finance & Accounting
Job Type:Regular
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