What are the responsibilities and job description for the Financial Analyst position at East West Bank?
Introduction
Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.Overview
Financial Planning & Analysis (FP&A) Department drives the Company’s annual planning and budgeting cycle and is central to Bank’s executive management reporting, financial forecasts, profitability assessment, and incentive plan performance reporting activities.
Responsibilities
- Perform data mining and apply analytics to process large volume data from various operating systems
- Drive research, data mining and model validation efforts pertaining to departmental budgets andprofitability application
- Execution of day-to-day financial planning and reporting activities, including, but not limited to, executivemanagement reporting, financial budgets & forecasts, profitability assessment, branch and commercial lender performance scorecards, and P&L reforecasting
- Analysis of operational and financial data to identify trends and drivers; summarize conclusions and implications of analysis
- Coordinate with business units to aggregate and analyze data to complete ad-hoc inquiries on timely basis
- Assist in the preparation of clear and concise presentation materials for Senior Management
- Contribute in the creation of an annual budget and quarterly financial forecast for the Bank through strategic mathematical/financial modeling and target-setting processes
Qualifications
- Bachelor's Degree in finance, accounting, or equivalent majors
- Experience in corporate FP&A and/or accounting preferred
- Experience with Hyperion planning budgeting system preferred; SQL or Power BI skills are a plus
- Strong analytical and problem solving skills
- Proficient in Excel and Microsoft Office suite
- Strong sense of ownership and be able to deliver results within tight deadlines
- Excellent interpersonal and communication abilities
- Strong team player and be able to thrive in a collaborative team environment
Compensation
The base pay range for this position is USD $71,000.00/Yr. - USD $73,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.Salary : $71,000 - $73,000