Truist Financial
Wholesale Finance Advisory Finance Director
Truist Financial, Charlotte, NC
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Need Help?
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).
Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
Provide senior-level leadership and coordination of financial analysis and performance reporting necessary to accomplish strategic execution of Truist Financial Corporation's (and subsidiaries') related to balance sheet and capital optimization, profitability, and performance management for the Wholesale Banking segment.
The businesses within the Wholesale Banking segment are CIB, Commercial Banking, Wealth, Commercial Real Estate and Payments
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Support and provide leadership to the Corporation's profit planning or forecasting process. Key responsibilities related to the profit plan or forecast include:
A. Implement and maintain a seamless profit planning or forecasting process for end-users to enter data;
B. Review profit plan or forecast submissions from assigned LOBs and communicate with end-users;
C. Make value-added profit plan or forecast recommendations as needed to help bridge any gaps;
D. Compile reports from an LOB and consolidated perspective for presentation to Executive Leadership;
E. Maintain and update proper controls and documentation covering key processes and reports.
2. Provide leadership, direction and coaching to profit planning or forecast specialists and to associates throughout footprint. This includes working with FP&A and LOBs to develop accurate profit plans and forecasts, understanding the drivers of business results, and reviewing these results to identify areas of improvement. Exhibit sound and comprehensive understanding of business and organizational strategies and processes. Demonstrate ability to build consensus through communication and presentation of factual and relevant information.
3. Perform variance analysis comparing the profit plan and forecast to actual results and prior forecast. Provide insightful variance explanations to Executive Leadership for performance assessment and strategic decision-making. Compiles, reviews, analyzes, interprets and submits timely and accurate monthly reporting related to the Bank's and LOB's financial performance and/or regulatory/SEC requirements.
4. Coordinate profit plans and monthly forecasts with Funds Management, Controller, and CFO as part of a comprehensive corporate funding and capital management program. Implement alternative forecasting methods via models and business tools as a way to provide effective challenge to LOBs for their baseline profit plans and forecasts.
5. Work closely with Information Systems and Financial Operations resources to maintain, coordinate and enhance the Planning and Forecasting database(s).
6. Proactively evaluate each planning and forecasting cycle to identify enhancements to the Corporation's profit planning and forecasting processes for efficiency and accuracy improvements.
7. Develop and lead training programs for profit planning and forecasting processes and systems. Develop skills of the profit planning and forecast specialists. Participate in cross-training with teammates in areas such as FTE analysis, expense allocations, and profit plan changes.
8. Communicate effectively with all levels of the Corporation.
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor's degree in Business or Finance, or equivalent education and related training
2. Ten years of experience in financial analysis or corporate budgeting/profit planning/forecasting
3. Five years of financial institution work experience as a team leader or supervisor
4. Ability to perform financial modeling and analysis related to Truist income statement and balance sheet accounts, lines of business, and Executive Leadership roll-ups
5. Vision and drive to evaluate processes for efficiency and effectiveness and continuously improve
6. Demonstrated ability to be flexible and adaptive in a fast-paced and dynamic work environment
7. Strong interpersonal and communication (verbal and written) skills
8. Demonstrated proficiency in basic computer applications, including Microsoft Office software products
Preferred Qualifications:
1. Master's degree in finance or business administration
2. Professional designation such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA)
3. Financial institution work experience as a team leader or supervisor
4. Knowledge of financial industry business practices
5. Financial system experience, such as SAP or Hyperion
6. Mastery of financial tools, practices, and concepts used by Truist
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify
Need Help?
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).
Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
Provide senior-level leadership and coordination of financial analysis and performance reporting necessary to accomplish strategic execution of Truist Financial Corporation's (and subsidiaries') related to balance sheet and capital optimization, profitability, and performance management for the Wholesale Banking segment.
The businesses within the Wholesale Banking segment are CIB, Commercial Banking, Wealth, Commercial Real Estate and Payments
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Support and provide leadership to the Corporation's profit planning or forecasting process. Key responsibilities related to the profit plan or forecast include:
A. Implement and maintain a seamless profit planning or forecasting process for end-users to enter data;
B. Review profit plan or forecast submissions from assigned LOBs and communicate with end-users;
C. Make value-added profit plan or forecast recommendations as needed to help bridge any gaps;
D. Compile reports from an LOB and consolidated perspective for presentation to Executive Leadership;
E. Maintain and update proper controls and documentation covering key processes and reports.
2. Provide leadership, direction and coaching to profit planning or forecast specialists and to associates throughout footprint. This includes working with FP&A and LOBs to develop accurate profit plans and forecasts, understanding the drivers of business results, and reviewing these results to identify areas of improvement. Exhibit sound and comprehensive understanding of business and organizational strategies and processes. Demonstrate ability to build consensus through communication and presentation of factual and relevant information.
3. Perform variance analysis comparing the profit plan and forecast to actual results and prior forecast. Provide insightful variance explanations to Executive Leadership for performance assessment and strategic decision-making. Compiles, reviews, analyzes, interprets and submits timely and accurate monthly reporting related to the Bank's and LOB's financial performance and/or regulatory/SEC requirements.
4. Coordinate profit plans and monthly forecasts with Funds Management, Controller, and CFO as part of a comprehensive corporate funding and capital management program. Implement alternative forecasting methods via models and business tools as a way to provide effective challenge to LOBs for their baseline profit plans and forecasts.
5. Work closely with Information Systems and Financial Operations resources to maintain, coordinate and enhance the Planning and Forecasting database(s).
6. Proactively evaluate each planning and forecasting cycle to identify enhancements to the Corporation's profit planning and forecasting processes for efficiency and accuracy improvements.
7. Develop and lead training programs for profit planning and forecasting processes and systems. Develop skills of the profit planning and forecast specialists. Participate in cross-training with teammates in areas such as FTE analysis, expense allocations, and profit plan changes.
8. Communicate effectively with all levels of the Corporation.
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor's degree in Business or Finance, or equivalent education and related training
2. Ten years of experience in financial analysis or corporate budgeting/profit planning/forecasting
3. Five years of financial institution work experience as a team leader or supervisor
4. Ability to perform financial modeling and analysis related to Truist income statement and balance sheet accounts, lines of business, and Executive Leadership roll-ups
5. Vision and drive to evaluate processes for efficiency and effectiveness and continuously improve
6. Demonstrated ability to be flexible and adaptive in a fast-paced and dynamic work environment
7. Strong interpersonal and communication (verbal and written) skills
8. Demonstrated proficiency in basic computer applications, including Microsoft Office software products
Preferred Qualifications:
1. Master's degree in finance or business administration
2. Professional designation such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA)
3. Financial institution work experience as a team leader or supervisor
4. Knowledge of financial industry business practices
5. Financial system experience, such as SAP or Hyperion
6. Mastery of financial tools, practices, and concepts used by Truist
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify