Sr Financial Analyst

Washington Trust Bank Careers; Spokane (WA); On-site; USD 85,000 - 120,000; Full time

Job summary

Washington Trust Bank is seeking a Senior Financial Analyst to join the FP&A team and own profitability analyses for lines of business and overall bank performance.

You will develop management reports, support pricing decisions, monitor budgets, and partner with senior leadership to deliver actionable insights in a fast-paced banking environment.

Qualifications

• College degree in Accounting, Finance or MIS; MBA preferred.
• Minimum five years of banking/financial institution experience.
• Working knowledge of Microsoft Office Suite.

Responsibilities

• Researches and prepares analyses for senior management to set and monitor objectives.
• Prepares analyses of product and customer profit contribution for pricing decisions.
• Prepares and analyzes budgets and variances.
• Works with liquidity, risk management, capital management, and market analysis.
• Develops analytical tools for customer contribution and pricing.
• Supports enhancements to accounting and reporting systems of the corporate group.
• Manages multiple projects and cross-functional interactions with staff and vendors.
• Identifies automation opportunities and assists implementation.

Skills

Financial analysis

Strategic thinking

Communication

Team collaboration

Education

Bachelor's degree in Accounting, Finance or MIS

MBA in Accounting or Finance

Tools

Microsoft Office Suite

Job description

Washington Trust Bank is looking for a dynamic candidate for our Senior Financial Analyst role. Reporting to the FP&A Manager, the Sr. Financial Analyst has primary responsibility for the analysis, management reporting and thought leadership related to the profitability of individual business lines in addition to total bank performance.

We recognize that our most valuable assets are our employees and strive to find ways to inspire optimism, connectivity, and growth throughout our organization.

• You value your personal achievements and working with a team toward success
• You value building strong relationships
• You have ambition to excel in your career
• You take pleasure in working with a company that values the highest level of integrity and ethics

Bank Overview:

Founded in 1902, Washington Trust Bank remains proudly independent. For more than 120 years, we have been focused on long-term client relationships. We dedicate our strengths as an independent regional bank to serving clients who understand the value of an established banking relationship and who seek tailored financial products and services. Our heritage and mission remain clear today: we will be the best at understanding and meeting the financial needs of our customers.

Executive Chairman Peter Stanton is the fourth generation of his family to lead the Bank, growing from its small Spokane headquarters in 1902 to an $11B financial institution with 40 locations throughout Washington, Idaho and Oregon. We enjoy an advantage over our publicly traded competitors because we focus on long-term goals rather than quarterly results. We base our decisions on what is happening in our communities and what is right for our customers.

We have never strayed from our commitment to client service, continuing to grow our commercial, private banking, wealth management, small business and consumer portfolios even in the most challenging macroeconomic environments. Our sound business practices, innovation, knowledge and expertise have seen us through both the best and the most difficult economic cycles. Washington Trust’s longevity and success are a testament to our unwavering commitment to our clients and our employees.

Essential Functions:

• Researches and prepares or directs the preparation of analyses for senior management's use in setting and monitoring business objectives; participates in the communication of results.
• Prepares or directs the preparation of analyses of product and customer profit contribution for management's use in evaluating performance and pricing new business.
• Prepares and analyzes budgets and budget variances.
• Works with bank liquidity, interest rate risk management, capital management, wholesale funding, product and market analysis.
• Develops analytical tools for analysis of customer contribution and pricing.
• Participates in the design and implementation of enhancements to the accounting and reporting systems of the corporate group.
• Management of multiple projects, approaches to problem solving, interactions with employees outside the division and with vendors.
• Sufficient knowledge of and experience with the bank’s primary application systems to recognize problems when they occur; to recognize opportunities to automate, enhance or streamline activities and to assist in implementation.
• Continue to grow our abilities to deliver enhanced reporting which allows users to navigate data, gain knowledge, and make informed decisions.

Qualifications:

• College degree in Accounting, Finance or MIS required. Prefer MBA in Accounting or Finance or equivalent work experience.
• Minimum five years of banking/financial institution experience required
• Working knowledge of Microsoft Office Suite.
• Quick learner and not afraid to ask questions
• Collaborative and accountable team member
• Clear communicator
• Out of the box thinker able to articulate steps to resolve problems
• Ability to multitask on several projects while not compromising accuracy nor extending deadlines
• Regular reliable attendance

Compensation:

Financial Analyst -