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18 Financial Analyst I Jobs in White Plains, NY

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Financial Analyst I
FlagStar Bank White Plains, NY
$86k-104k (estimate)
Full Time 3 Weeks Ago
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FlagStar Bank is Hiring a Financial Analyst I Near White Plains, NY

Position TitleFinancial Analyst I
LocationNY / 1400 Broadway Floor 16
Job SummaryThe Financial Analyst is responsible for financial reporting and analysis, report development, and communicating with business line leadership regarding financial performance and forecasting. This includes financial reporting for actual results, forecast, budget and performance analysis for a specific line of business. This position works closely with senior business leaders and others in the business units and within finance to contribute to the long term growth, development and profitability of the broader organization.
Pay Range: $30.00 - $42.57 - $55.13
Job Responsibilities:
  • Developing and maintaining regularly scheduled reports for the business units. Ensuring information is accurate and distributed on time. This includes creating reports with and using various software tools such as Hyperion, MS Excel, and MS Access.
  • Assisting with production forecasts and assumptions to keep management updated on current trends each week. In addition, coordination of bottoms up forecasting from leadership on a monthly basis.
  • Analysis of current production volume & margins, concentrations, and comparing to desired thresholds or market data. This is important since management relies on analysis to spot opportunities and threats. Comparison to peers and industry is powerful information which drives better discussions for the business.
  • Supporting divisional CFO team with ad hoc requests for the business. Complete on time and addressing any questions or modifications.
Adhere to all REGULATORY AND COMPLIANCE issues linked to the job and the team and understand how these issues help the bank achieve the vision of remaining an independent bank.Staff member is expected to consistently adhere to regulatory and compliance policies and standards linked to their job as listed. Staff member will not repeatedly act in a manner signifying intentional or willful noncompliance, nor exhibit gross negligence or a general disregard for compliance and regulatory standards. Staff member must ensure compliance with applicable federal, state and local laws and regulations. Staff member must complete all required compliance training on a timely basis. Staff member will maintain knowledge of and adhere to Flagstar’s internal compliance policies and procedures. Staff member must take responsibility to keep up to date with changing regulations and policies.
COMPETENCIESCore Corporate CompetenciesComplianceEnsures compliance with applicable federal, state and local laws and regulations. Completes all required compliance training. Maintains knowledge of and adhere to Flagstar’s internal compliance policies and procedures. Takes responsibility to keep up to date with changing regulations and policies.
CollaborationUnderstands the importance or relationships to enable effective teamwork. Modifies personal style, focuses on the needs of others, and listens effectively to ensure effective outcomes for group endeavors.
Results FocusTakes a dynamic approach to work characterized by initiating decisions and actions. Concentrates on achieving the outcomes of a process or project while adhering to the overall strategy of the organization. Creates a culture of accountability and performance.
Work EthicDemonstrates attributes of ethical behaviors, high personal standards, and sound work ethic all employers should expect of employees. Consistently treats others with respect and understanding. Responds in a timely manner to all customers and co-workers.
LEVEL OF EDUCATION / EXPERIENCE / KNOWLEDGE:Bachelors Degree or Masters Degree or Comparable Work Experience
Bachelor’s degree in Accounting, Finance, Economics, or Statistics preferred
3 years of relevant experience preferred. Prior mortgage or banking experience preferred.
SKILLS: (List any specific skills and abilities required at a minimum level.)
  • Advanced knowledge of MS Excel and MS Word required. Knowledge of MS Access a plus.
  • Intermediate knowledge of report automation techniques such as using VBA
  • Intermediate knowledge of Oracle BI Dashboards and BI Answers
  • Strong communication skills – both verbal and written
  • Ability to work effectively in a changing work environment
  • Team player in a dynamic work environment
CAREER PATH: Finance, IT, Capital Markets, Sales, Treasury, Risk Management

Job Summary

JOB TYPE

Full Time

SALARY

$86k-104k (estimate)

POST DATE

05/25/2024

EXPIRATION DATE

06/19/2024

WEBSITE

connectity.com

SIZE

<25

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The following is the career advancement route for Financial Analyst I positions, which can be used as a reference in future career path planning. As a Financial Analyst I, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst I. You can explore the career advancement for a Financial Analyst I below and select your interested title to get hiring information.

If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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