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Divisional Director- Planning Analytics - Hicksville New York
Company: Flagstar Bank Location: Hicksville, New York
Posted On: 04/18/2024
The Director - Business Planning Analytics is responsible for all aspects of reporting and analytics in support of one of Flagstar's Lines of Business. The role helps Flagstar achieve its vision and mission by forming a deep understanding and insight into the business strategy and growth initiatives, profitability by product/channel/producer, competitive environment, financial/business line performance metrics, and risk profile. Director manages a group of Financial Analysts, and is also supported by a shared group of Reporting Analysts, which provide informational and financial support for key strategic business initiatives for executive, senior management, and the Board of Directors. Director will be responsible for financial monitoring/analysis, scenario modeling and presentation to senior executive management. Presented materials include Strategic Plans, Budgets, Forecasts, and other guidance, for consideration and approval from the Board of Directors, which will influence earnings guidance provided to equity analysts and investors. High degree of coordination among FPA team members and senior and executive business leaders is expected. Director must have significant subject matter expertise, operations, and finance experience. The role will complement the financial analysis skills of the divisional CFO and the associated finance team by bringing in depth experience in business operations, process design, and solution modeling.Perform and/or direct analytics on the Line of Business' initiatives, such as establishing performance analyses on the execution of the strategic plan, analyzing profitability at various levels, continuing/creating peer and benchmark comparative analyses, and improving forecasting/budgeting methodologies through the introduction of additional/better data and assumptions.Lead initiatives to bring new information and tools to the Sales Teams, which support smart and profitable expansion by the identification of both optimal emerging market geographies, as well as top sales talent in those markets.Develop and coach direct reports, as well as other financial analysts, through the assignment of work and responsibilities which requires the use of skills not regularly exercised.Ad-hoc projects/analysis at the direction of the President of LOB, as well as heads of segments and sub-segments reporting up to the President of the LOB. TALENT MANAGEMENTTalent Management includes, but is not limited to: - conduct performance appraisals, coach and develop staff, hold accountability meetings, conduct team performance meetings, perform employee observations, maintain a manager action plan, maintain a low performer action plan, ensure cross training/back-up is available, implement succession planning, ensure all staff comply with compliance requirements, successfully exercise the usual authority of a manager. BUDGET MANAGEMENT Manager is accountable for managing a direct expense budget: - Manages the direct expense budget for assigned area, addresses variances and takes appropriate action. Coaches team related to cost effective spending within the business unit.Manager is not accountable for managing a direct expense budget: - Coaches team related to cost effective spending within the business unit.Manager is responsible for managing a project budget. JOB REQUIREMENTSREQUIRED LEVEL OF EDUCATION / SPECIALIZED TRAINING Bachelor's Degree - - - - Business Administration - - - - - - - - - - - - - - - - -Required Field of Study: Accounting/Finance/Economics/MathematicsMBA is preferredCPA a plus REQUIRED YEARS & TYPE OF WORK EXPERIENCE |
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