Finance AVP Job Description
Finance AVP
provides ongoing accounting and financial reporting expertise, including assessment and implementation of new accounting standards and generally maintaining financial records in accordance with BMO Financial Group’s accounting and financial reporting standards.
Finance AVP Duties & Responsibilities
To write an effective finance AVP job description, begin by listing detailed duties, responsibilities and expectations. We have included finance AVP job description templates that you can modify and use.
Sample responsibilities for this position include:
Timely and relevant financial and performance management information and analysis, monitoring performance against sales and expense objectives
Leadership on the financial and business planning and forecasting
Deep understanding of project activities with Retail Distribution and their financial performance
Partnering with the Department’s business, products, and functional audit teams such as Compliance, Risk, IT, , as needed
Requisite capital computations for the SEC, FINRA, CFTC, FED and FSA
Act as the principal interface between the company and supervisors with respect to financial responsibility rules
Manage supervisory examinations relating to financial/operational matters
Analyze new products and specific transactions for financial regulatory control adherence and capital impact
Provide interpretive guidance on financial regulatory matters to business units within the firm
Assist in managing regulatory capital and risk weighted asset limits
Finance AVP Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Finance AVP
List any licenses or certifications required by the position: CFA, CDCS, MBA, CPA, PMP, GOLD, PMI, FRM, AMCT, PGDBM
Education for Finance AVP
Typically a job would require a certain level of education.
Employers hiring for the finance AVP job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, Business, MBA, Economics, Accountancy, Graduate, Business/Administration, Education, Engineering
Skills for Finance AVP
Desired skills for finance AVP include:
Accounting and Finance
Accounting and financial operations and reporting requirements
Associated financial processes and controls
Listing Rules and the Codes on Takeovers and relevant rules and regulations
Relevant Regulatory and Accounting standards
ABS structures and markets
Accordance with product offerings of the firm
Accounting concepts
Alternative energy
Area of Finance
Desired experience for finance AVP includes:
CA/CMA/CGA/MBA/CFA with several years experience
Proficiency with personal computers and pertinent systems and software packages
Working with Regulatory reporting architecture or tools for an Investment Bank
Knowledge of Project Lifecycle methods
Experience working with the relevant regulatory requirements for the subject areas and past experience preferred working with regulatory bodies (e.g., Fed, OCC)
Over 10 years of experience in finance or accounting required including wholesale supervisory/management experience
Finance AVP Examples
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Finance AVP Job Description
Job Description Example
Our company is searching for experienced candidates for the position of finance AVP. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for finance AVP
- Analyze credit and market risk data
- Perform agent duties that require active communication with the sponsor, participants, lawyers, consultants and related parties
- Partner with multiple senior stakeholders
- Preparation of weekly APAC weekly and country reports
- Preparation of monthly country performance reports & highlights including a holistic suite of KPIs such as RoC and RWA
- Support the Country COOs to manage expenses through appropriate metrics and highlighting exceptions, and assist in any other country ad-hoc requests
- Monitor and analyse monthly IB Other revenue and expenses
- Prepare IB Other month end financial reports including commentaries
- Assist with the updates in allocation statistics of various IB Support functions to product/ country
- Assist with the maintenance of MIS reporting structures for the Division
Qualifications for finance AVP
- Create presentations to inform senior management and other stakeholders on the IB’s financial position, upcoming risks, and challenges to enable strategic decisions
- Conduct periodic benchmarking exercises to gauge CS capital and risk levels vs
- Strong computer skills (advanced excel and macro/access) and Oracle/SAP experiences are preferred
- Good knowledge of International Financial Reporting Standards and US GAAP Preferred
- Minimum Bachelor's degree in Finance, Accounting, or other related discipline
- Bachelor or Post graduate qualifications in banking, accounting, finance with at least 3-4 years working experience in Big Four
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Finance AVP Job Description
Job Description Example
Our company is hiring for a finance AVP. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for finance AVP
- Accountable for promoting business partner relationships
- Ensure business objectives, directions, projects are used in the strategic and tactical planning processes
- Plan and manage budget for headcount, software, contractors
- Coordinates with other divisions/departments to identify common goals and minimize redundancy
- Collaborate cross-functionally with infrastructure, architecture, PMO, IT audit, and vendor management teams, to ensure deliverables are achieved with compliance to organizational standards
- Develop an understanding and identification of the key valuation risk areas
- Liaise with Trading, senior Finance management, Market Risk Management, internal/external audit and regulators on valuation issues as they arise
- Review and validate Trading valuation models and assumptions
- Ensure all aspects of the valuation review and control process are adequately documented for internal and external requirements
- Develop and implement a consistent methodology and process across all business areas for the independent valuation assessment of complex structured transactions such as RMBS
Qualifications for finance AVP
- Minimum 6-8 years of working experience in banking field, with business experience in capital / risk management areas
- Degree holder in Accounting, Finance or related discipline
- Qualified Accountant with minimum 8 years of relevant experience in banking industry, especially from global audit firm, is preferred
- Strong numeric reasoning and excellent analytical skills
- Good knowledge of accounting and controls
- Project finance experience and skills necessary to pursue the above mentioned tasks (i.e., legal, finance, economic, communication and negotiation, technical, insurance)
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Finance AVP Job Description
Job Description Example
Our company is looking to fill the role of finance AVP. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for finance AVP
- The role has a large ad-hoc element related to supporting Finance and Business management in addressing changing regulations, supporting strategic business reviews, deep-dives into desks or client segments, and other aspects of the business
- Prepare and review Group capital adequacy returns (MAS 637 rules)
- Drive/participate in successful implementation of projects and initiatives which may involve process reviews and system enhancements
- Define users’ requirements including data gap analysis, data specifications and sourcing of relevant data
- Implement procedures and internal controls over the preparation of the reports
- Team lead for data analytics for T&M and Group Product Control
- Manage dataflow, analytics and report insights on daily, monthly, quarterly business performance results and adhoc business analytics queries
- Drive automation and process changes, so team can focus on judgment-intensive activities
- Provide analytics based substantiated insights to be stewards of business
- Assist to guide local audit and filings, coordination with Asia foreign areas and reconciling information assist in ad hoc management queries and projects
Qualifications for finance AVP
- Experience must include registered ’40 Act funds
- Industry experience with CMBS or other structured debt is preferred
- Experience of working in a markets investment banking environment either in a finance valuation, risk management or front office
- Candidate will have a technical background ideally with a Comp
- Strong analytical skills and the ability to apply to complex data structures
- Dynamic individual who is able to use their own initiative and build strong relationships
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Finance AVP Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of finance AVP. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for finance AVP
- Monitor portfolio and improve risk/return profile of credit portfolio
- Develop proactive risk mitigation measures for portfolio vulnerabilities
- Support analysis of underwriting risks
- Recommend favorable risk/return loan investments
- Work within the QA team to assist in the execution of the annual QA review plan
- Perform QA reviews in accordance with the QA Framework standards
- Communicate with management any issues from the review that may affect the accuracy of the regulatory reports filed or the supporting control environment
- Draft QA issues (as they arise) that document the control deficiency or report inaccuracy, root cause and regulatory impact
- Assist with the monitoring
- Assist with the QA informational slides for the Financial Control Forum monthly pack
Qualifications for finance AVP
- Knowledge on testing
- Background with Product Control
- Specific exposure to the reserving, pricing and modeling aspects of valuation control of trading businesses is preferred
- Be proactive and able to drive valuation-related initiatives
- Highly motivated with ability to work in a team
- The job holder is expected to lead the planning and execution of monitoring and testing activities within their area of responsibility with minimal guidance to ensure the Bank complies with regulatory requirements
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Finance AVP Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of finance AVP. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for finance AVP
- Executive office reporting on goals/financials and business updates as required and preparation of materials for strategic discussions on SCM
- Assist with business model improvement by developing and introducing relevant frameworks to identify opportunities, focusing on Finance productivity
- Apply statistical methods or big data technologies to gather insights for the Consumer Banking business
- Initiate and lead machine learning projects that will grow business profits and streamline cost and expenses
- Work closely with stakeholders to understand business needs
- Responsible for Assisting CFO with Organizational and management of assigned departments, administration and program development of the Pepin Heart Center, Surgery Center, Cancer Care Center and Women’s Center
- Represents the CFO in assigned hospital committees
- Supports CFO with planning, developing, implementing and evaluating new patient services based on the mission of the hospital with other members of management team, department managers and hospital staff
- Manages and evaluates established programs and policies of the hospital
- Must possess excellent written and oral communication skills to communicate with all hospital contacts
Qualifications for finance AVP
- The candidate must be numerate, articulate and confident
- Good working knowledge of Excel and possibly VBA, and hands-on experience of market data providers including Reuters, Bloomberg, ISMA and Market
- Defining and implementing business aligned controls with key business partners/stakeholders
- Review of accounts with FSI commentary to Business and FDM’s/PIPS
- Involvement in New Product Approval (NPA)
- Completion of Accounting Disclosure forms as required for FIC business