Financial Planning & Analysis Analyst

Fidelity Cooperative Bank; Hyannis (MA); On-site; USD 90,000 - 120,000; Full time

Job summary

Fidelity Cooperative Bank seeks an FP&A Analyst to support financial planning, forecasting, reporting, and performance analysis across a multi-bank holding company. This role helps senior leadership understand results, evaluate strategic initiatives, and drive data-informed decision-making.

Responsibilities include budgeting, modeling, KPI tracking, and executive reporting, with collaboration across bank subsidiaries and data teams.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• 2+ years of FP&A, corporate finance, banking finance, or related field.
• Proficiency with Excel; experience with BI tools (Power BI, Tableau) preferred.
• Knowledge of banking financial statements, regulatory ratios, and bank performance drivers strongly preferred.
• Excellent communication skills—ability to distill complex information for executives.
• Strong analytical thinking and problem solving, with attention to detail.
• Ability to manage multiple deadlines and collaborate cross-functionally.

Responsibilities

• Support development of annual budgets and multi-year financial plans for the holding company and subsidiaries.
• Build and maintain financial models, including balance sheets and income statements.
• Coordinate data submissions and assumptions from business units and bank subsidiaries.
• Analyze consolidated and bank-level results, including KPI trends and profitability.
• Prepare monthly and quarterly variance analyses versus budget, prior year, and forecast.
• Prepare monthly management reports for ALCO, Executive Committee, and Board.
• Consolidate financials from multiple bank charters into aligned reports.
• Provide insights and recommendations to guide financial and operational decisions.
• Maintain FP&A tools, reporting mechanisms, and financial databases.

Skills

Financial modeling

Excel

Power BI

Tableau

Analytical thinking

Communication

Cross-functional collaboration

Banking knowledge

Education

Bachelor’s degree in Finance, Accounting, Economics, or related field

Tools

Excel

Power BI

Tableau

Job description

Summary

The FP&A Analyst supports financial planning, forecasting, reporting, and performance analysis across a multi-bank holding company. This role helps senior leadership understand financial results, evaluate strategic initiatives, and drive data-informed decision-making.

Salary Grade:17

Summary

The FP&A Analyst supports financial planning, forecasting, reporting, and performance analysis across a multi-bank holding company. This role helps senior leadership understand financial results, evaluate strategic initiatives, and drive data-informed decision-making.

Essential Job Functions & Responsibilities

Financial Planning & Forecasting

• Support development of annual budgets and multi-year financial plans for the holding company and each subsidiary bank.
• Build and maintain financial models, including balance sheets, income statements, and capital planning models.
• Coordinate data submissions and assumptions from business units and bank subsidiaries.

Financial Performance Analysis

• Analyze consolidated and bank-level financial results, including NIM, loan and deposit trends, credit quality metrics, non-interest income, and operating expenses.
• Prepare monthly and quarterly variance analyses versus budget, prior year, and forecast.
• Identify trends, risks, and opportunities that affect profitability, efficiency, and capital levels.
• Track and report key performance indicators (KPIs) such as ROA/ROE, efficiency ratio, capital ratios, liquidity ratios, and loan growth.
• Ad-hoc reporting and analysis based on requests from management across the Bank (i.e. customer trends, unexpected deposit activity, fluctuations in banking activity, etc.)

Management Reporting

• Prepare monthly management level financial reports for ALCO, Executive Committee, the Board of Directors, and various Board Committees
• Prepare ad hoc executive dashboards and presentations for internal reporting
• Consolidate financials from multiple bank charters into clearly aligned management reports.
• Provide insights and recommendations to guide financial and operational decision-making.

Profitability Measurement and Business Analytics

• Assist the Director of Financial Planning & Analysis and Financial Planning & Analysis Manager in establishing, coordinating, and maintaining a Bank profitability measurement solution and for performing business analytics.
• Assist in the assessment of profitability measurement for Mutual Bancorp subsidiary banks to include:
• Funds Transfer Pricing (FTP).
• Organizational profitability measurement of branches and profit and cost centers.
• Product profitability
• Customer profitability.
• Provide analysis and review of current product line profitability for management assessment.
• Assist in responding to ad hoc requests from Senior Management for business analyses

Data & Systems

• Maintain and enhance FP&A tools, reporting mechanisms, and financial databases.
• Work with Data & Analytics teams to improve data integrity, reporting accuracy, and automation.
• Support implementation or optimization of corporate planning software.

Qualifications

EDUCATION & CERTIFICATIONS:

• Bachelor’s degree in Finance, Accounting, Economics, or related field.

Experience

• 2+ of experience in FP&A, corporate finance, banking finance, or related field.

Knowledge, Skills & Abilities

• Strong financial modeling and analytical skills.
• Proficiency with Excel; experience with BI tools (Power BI, Tableau) preferred.
• Knowledge of banking financial statements, regulatory ratios, and bank performance drivers strongly preferred.
• Excellent communication skills—ability to distill complex information for executives.
• Strong attention to detail, organization, and cross-functional collaboration.
• Analytical thinking and problem solving
• Business and financial acumen specific to banking
• Ability to manage multiple deadlines
• Intellectual curiosity and proactive mindset
• High integrity and commitment to accuracy

Competencies

• Must have cyber security awareness to protect the digital environment, the Bank, and customers.