Securities Services Operations Business Manager - Vice President

JobID: 210516474

Category: Financial Analysis

JobSchedule: Full time

Posted Date: 2024-05-08T16:54:48+00:00

JobShift: Day

Base Pay/Salary: Brooklyn,NY $123,500.00-$190,000.00

Organization Description

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Job Description

The Securities Services Operations Finance Management team are looking for a high-performing Vice President to play a key role of managing the financials and headcount for Custody Operations. The successful candidate will work closely with the Head of Custody Operations and their leadership team, also with Custody business F&BM team.

Job Responsibilities

• Provide timely and accurate financial reporting and monthly business reviews that provide clear, impactful explanations of operating results and variances based on relevant business events, and help ensure expense goals are achieved

• Develop and maintain relationships with key stakeholders

• Manage annual budget and periodic (monthly) forecasting processes

• Manage the month-end close process, coordinating expense accruals with Controllers, understanding & re-forecasting new risks & opportunities and providing variance commentary

• Prepare financial (variance) analysis and walk forwards (expense and headcount) by key business themes

• Detailed Headcount tracking including all productivity / location strategy reporting versus plan/target as well as any new business growth initiatives

• Manage product allocation models/rules, reporting hierarchy and examine incoming allocations

• Implementing controls and best practices to ensure efficient, timely and accurate financial reporting

• Reviewing expenses and identify potential reductions in the cost base to streamline business processes and improve profitability

• Part of a high performance team, adding value to the greater team

Required Qualifications, Skills and Capabilities

• Bachelor's degree in Business, Finance, Economics, with at least 10+ years of relevant experience in financial services

• Excellent quantitative, analytical problem solving and financial / data / business modeling skills

• Ability to clearly communicate complex concepts to a non-financial audience, strong documentation and reporting skills

• Strong presence, comfortable interacting with and presenting to all levels of management

• Superior attention to details and process skills; sense of urgency

• Able to collaborate across lines of businesses and work with central/corporate organizations

• Capable of balancing multiple assignments simultaneously

• Sound judgment, professional maturity and personal integrity, strong work ethic, proactive and results-oriented outlook, possess courage to ask tough questions and challenge the status quo

• Strong proficiency with PowerPoint, Word, Excel, Outlook