Director/Sr. Director, Strategic Finance – Marketing and Risk Jobs in Bakersfield, CA at Synovus Financial
Title: Director/Sr. Director, Strategic Finance – Marketing and Risk
Company: Synovus Financial
Location: Bakersfield, CA
Salary: $200K – $250K*
Category: Finance & Insurance
Leads and directs the work of a team of individuals across multiple financial disciplines or lines of business. Oversees the reporting, analysis, planning, pricing, and profitably for multiple business segments or support functions within the company. Provides financial consultation on key strategic priorities to members of executive management, line of business management and Finance partners
Job Duties and Responsibilities:
Acts as the primary contact between executive management and other members of Finance to include forecasting and analytics, pricing governance, and performance management. Identifies net income opportunities to increase shareholder value. Communicates complex financial issues in a clear and concise manner to executive management and internal and external auditors, and regulators. Participates in the development and formulation of complex analyses that forecast the cost effectiveness of new products and policy changes that affect the financial condition of the Bank.
Summarizes large amounts of financial data into a concise story around key drivers of financial performance and presents to key executives within the line of business on a monthly basis. Works with key line of business leaders and the performance management group within Finance to assess the profitability of new products, segments, campaigns, and other initiatives through a detailed cost analysis process. Provides support for pricing of loans, deposits, and other fee income products within the line of business. Consults with the line of business on alignment of incentive compensation with corporate strategies.
Works with executive management in preparation of the quarterly rolling forecast and annual budget for respective lines of business. Works with the forecasting and analytics group to ensure an adequate level of input required to properly forecast the financial performance of the line of business, sub segment, or cost center including input of all assumptions, and summarization for review with executive management prior to finalization.
Directs and oversees the management reporting function for lines of business. Ensures all information necessary to communicate the financial performance of the line of business and sub-segments are represented within the performance management process including all financial information, scorecards, dashboards and any other reports used by the line of business.
Works with line of business executives and strategy office to create financial pro formas for potential business cases prior to review in the Resource Allocation Committee (RAC). Consults with key management within the line of business to determine appropriate assumptions and drivers of financial performance within the pro forma analysis. Ensures key inputs are reviewed and approved by executive management of the line of business prior to review by members of RAC.
Provides leadership, direction and growth opportunities to members of the department, performing those responsibilities in accordance with the Company’s policies and applicable laws. Responsible for interviewing, hiring, planning, assigning or directing work, appraising performance, disciplining team members and resolving problems. Works with the Human Resources Department to resolve more complex team member-related issues.
Each team member is expected to be aware of risk within their functional area. This includes o…