Analyst, Banking & Treasury Business

Job Posting Organization:
The organization is a prominent financial institution based in the United Kingdom, focusing on banking and treasury services. It operates with a mission to provide comprehensive financial solutions while ensuring effective risk management and strategic planning. Established several decades ago, the organization has grown to employ thousands of professionals across various divisions, including finance, strategy, planning, and control. It operates in multiple countries, providing a wide range of financial services to clients globally, and is committed to maintaining high standards of financial integrity and customer service.

Job Overview:
The Analyst, Banking & Treasury Business plays a crucial role in the financial planning and analysis (FP&A) team, focusing on revenue and cost management within the banking and treasury sectors. This position is integral to the overall financial health of the organization, as it involves monitoring the bank's profit and loss (P&L) and ensuring that administrative and capital expenditures are effectively managed. The Analyst will work closely with the Principal, Banking & Treasury, to develop proposals that assess revenue, risk, and returns, while also advising budget holders on the efficient use of their budgets. The role requires a strong analytical mindset, as the Analyst will conduct detailed expenditure analyses, contribute to high-level bank documents, and maintain relevant policies and procedures related to resource management. The successful candidate will be expected to engage in both strategic and operational aspects of financial management, ensuring that the bank's objectives are met through effective financial oversight and analysis.

Duties and Responsibilities:
The Analyst will be responsible for a variety of tasks under the supervision of the Principal, Banking & Treasury FP&A. Key responsibilities include developing and implementing financial performance analytics to support decision-making processes, working with the Capital and Liquidity team to establish RAROC targets, and reporting RAROC metrics regularly. The Analyst will also be tasked with implementing segmented P&L reporting, embedding quarterly forecasting processes, and actively monitoring business plans and budget execution. Additional duties include attending meetings on behalf of the Principal, providing resource analysis for senior management, and identifying opportunities for increasing efficiency in P&L management. On the cost side, the Analyst will monitor budget execution, support the SIP process, provide guidance to budget holders, and conduct regular forecasts. The role also involves analyzing productivity across teams and developing cost allocation methodologies to support segmented P&Ls and cost KPIs. The Analyst will be expected to engage in continuous improvement initiatives to enhance the effectiveness of financial processes.

Required Qualifications:
Candidates must possess a qualification as a certified accountant or be CFA qualified, along with relevant practical experience in finance or FP&A. A strong accounting background is essential, as well as some practical experience in understanding P&L drivers and financial planning and analysis within the financial services sector. The role requires excellent numeric and analytical skills, a high attention to detail, and the ability to maintain accuracy under tight deadlines. Strong organizational skills are also necessary, along with proficiency in IT systems, particularly accounting software and advanced Excel for modeling purposes. Excellent interpersonal skills are crucial for effective teamwork and collaboration with various internal stakeholders, as well as strong written and oral communication skills in English.

Educational Background:
A bachelor's degree in finance, accounting, economics, or a related field is required for this position. Advanced degrees such as a master's in business administration (MBA) or a master's in finance may be preferred but are not mandatory. Professional certifications such as CPA or CFA are highly valued and may enhance a candidate's qualifications for the role.

Experience:
The ideal candidate should have a minimum of 3-5 years of relevant experience in finance, particularly in financial planning and analysis within the banking or financial services industry. Experience in managing budgets, conducting financial analyses, and working with financial performance metrics is essential. Familiarity with banking and treasury operations will be advantageous, as will experience in a corporate finance environment.

Languages:
Fluency in English is mandatory, as the role requires excellent written and verbal communication skills. Knowledge of additional languages may be considered an asset, particularly if the organization operates in multilingual environments or serves diverse client bases.

Additional Notes:
This position is a full-time role with a regular contract type. The contract length is not specified, but the posting end date for applications is set for April 21, 202

• The organization is open to recruiting both nationally and internationally, and candidates should be aware that internal applicants must have completed their probation period before applying. Due to the high volume of applications, the organization may not provide detailed feedback to candidates who are not shortlisted.