This job has expired, please see additional jobs below
Senior Manager, Financial Modeling
Discover Financial Services
Riverwoods, IL, United States
Job Details - this job has expired, please see similar jobs below
Job Description
This position is responsible for directing the process to consolidate, evaluate and report financial projections for capital planning and stress testing. This role has significant interaction with other groups in Treasury, Loss Forecasting, Corporate Risk Management, and Delaware Finance.
• This position is the first line of defense in identifying unusual variances and potential issues, and is responsible for maintaining a strong understanding of each line of business and leveraging that understanding to ensure high-quality, accurate forecast projections.
• Consolidate and analyze financial projections used for capital stress testing, liquidity stress testing and resolution planning.
• Maintain and enhance a robust and well-controlled infrastructure to support the tight turn-around times required in the stress testing process.
• Prepare and present presentations and analyses summarizing stress scenario financial projections to Finance VP’s. Coordinate effective challenge of stress testing financial projections within Finance.
• Design, develop and maintain files and processes to compile FR Y-14A Summary templates to be submitted as part of the CCAR and DFAST stress testing exercises.
• Serve as the primary liaison with the CCAR PMO in the support of the capital planning effective challenge and governance process.
• Assist in the writing of the capital plan, particularly Capital Plan Results.
• Coordinate access to DFS Reporting cube for stress testing scenarios.
• Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.
• Forecast the financial results for a business line
• Work with other Sr. Managers and Directors in coordinating and reviewing the financial results of the various regulatory submissions.
• Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.
Skills
Skills Required:
• Bachelor’s Degree in Accounting or Finance
• 7+ years experience, with at least 1-2 years in a Finance or Financial Reporting function
• Strong analytical skills
• Detailed understanding of financial statements
• Excellent communication (oral and written), interpersonal, organizational and presentation skills
• MS Office (especially Excel, Powerpoint)
• Self-motivated and able to self-direct based on objectives provided by management
• Experience managing a team
Skills Desired:
• MBA
• Strong knowledge of financial services
• Hyperion Essbase
#LI-DK1
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.