Financial Analyst, CCAR / Stress Testing

Financial Analyst

Conducts financial analysis of the enterprise's financial performance and produces balance sheet and income forecasting information in support of an effective accounting/finance function. Produces financial reports in one or more area of the bank. Analyzes trends and make recommendations as requested.

Job Duties and Responsibilities

• Conducts highly complex technical analyses of the enterprise's financial performance and produces balance sheet and income forecasting information in support of an effective accounting/finance function. Develops efficiencies to enhance the accounting/finance function of the Bank.
• Communicates complex financial issues in a clear and concise manner to senior managers as well as internal and external auditors, and regulators. Participates in the development and formulation of complex analyses that forecast the cost effectiveness of new products and policy changes that affect the financial condition of the Bank.
• Generates forecasts and analyzes trends in sales, finance or other related areas of interest. Researches and analyzes rates of return, depreciation, investments and other financial indicators. Provides findings and recommendations to management.
• Creates complex financial models to aid in forecasting the financial performance of new and existing financial products in various scenarios. Prepares accurate, timely, and reliable income forecasting measurements, projections, statistics, and ratios.
• Participates in performing specialized financial or planning functions such as reporting, budgeting and analysis. Prepares, maintains, analyzes and reports on organizational, business unit or departmental budgets as requested.
• Conducts complex analyses and determines various input assumptions for financial forecasts, including loan and deposit portfolio analytics, non-interest income, and non-interest expense.
• Works with business units to create financial models designed to continue the company's transformation to an assumption based budgeting/forecasting process. Support the transition to an assumption based budgeting/forecasting model.
• Analyzes results of corporate Funds Transfer Pricing (FTP) methodologies on various cost center, product, and relationship profitability models and ensure alignment with corporate goals. Reconciles actual and forecasted results. Understand root causes of variances and modifies models to improve future forecasting.
• Conducts analyses used in partnering with business units to increase shareholder value by identifying net income opportunities and developing financial methodologies and tools for use in loan and deposit pricing, budgeting, and planning.
• May cross train with others within Finance, as appropriate.
• Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
• Performs other related duties as required.

The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Synovus is an equal opportunity employer committed to fostering an inclusive work environment.

Minimum Education

• Bachelor's Degree in Business Administration, Finance, Accounting, or related field.

Minimum Experience

• Four years of financial analysis experience or an equivalent combination of enhanced education and experience.

Required Knowledge, Skills, & Abilities

• Knowledge of database management and report generation.
• General understanding of the impact that various economic and interest rate environments have on the financial performance and products within a mid-size regional bank.
• Proficiency creating complex financial models.
• Project management skills and the ability to work on multiple priorities simultaneously.
• Skill in communicating technical subject matter to senior management.
• Good verbal and written communication skills and the ability to communicate effectively with co-workers on various levels.
• Proficiency using Microsoft Excel and other MS Office products.

Preferred Knowledge, Skills, & Abilities

• Knowledge of enterprise planning systems and relationship pricing models
• Masters of Business Administration or Finance is preferred