Lead Analyst, Finance Planning Analysis

Job Number: 907

External Description:
THE COMPANY

E*TRADE is a leading financial services company and a pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the company has long been at the forefront of the digital revolution, offering easy-to-use solutions for individual investors and stock participants. Founded on the principle of innovation and determined to level the playing field for individual investors, E*TRADE delivers digital platforms, tools, and professional assistance to help investors and traders meet their near-and long-term investing goals. The Company provides these services both online and through its network of customer service representatives and financial consultants - over the phone at two national branches and in-person at 30 E*TRADE branches.


The Balance Sheet and Capital Management team is a critical part of the Finance team, owning the forecasting of the Balance Sheet, key components of the Income Statement, and Capital. The team is responsible for the monthly forecasts, the Annual Budget forecasts, and the forecasts to support stress testing. The team is also responsible for providing insightful reporting on the key drivers of the actuals and changes to the forecasts. The team plays a critical role in helping the management provide quarterly guidance to investors. The team is also heavily involved in analysis that helps the Company in making impactful changes to the business strategy, and in identifying improvements in processes, systems, and modeling approaches that make the forecasts more effective.

The team and the role have high visibility to Senior Management and the CFO. The role provides an opportunity to get exposure to a wide range of areas - Treasury, Portfolio Management, Accounting, Regulatory Reporting, Stress Testing, Interest Risk Management, Credit, Brokerage Business etc.

The role requires the individual who is very structured, analytically strong, has a strong sense of ownership, and is able to work collaboratively with different groups.

* Support the monthly, annual budget, and stress testing forecast process (rate curve, balance sheet, Net Interest Income, Net Interest Margin, contribution analysis etc.) using Oracle/Hyperion platform, Econometric Models, PolyPaths ALM application, and Excel models

* Support design and creation of reports that show the drivers of changes in forecasts

* Support forecast and management of the Bank and consolidated capital ratios to ensure they are managed effectively

* Support preparation of presentations, reports, and analysis to support quarterly earnings release and guidance

* Support analysis of actuals and the drivers of change in actuals and variance with forecasts

* Partner with a wide range of internal business partners to understand the variances between actuals and forecasts, and between forecasts

* Support design and preparation of presentations, reports, and analysis to provide actionable insights for management

* Support carrying out analysis to identify, assess, and evaluate the impact of potential changes to the business strategy

* Leverage the different IT systems/applications to extract, transform, and manipulate data for use in forecasting - define how data needs to be reported, viewed, and/or analyzed

REQUIREMENTS

* A minimum of 3 years of experience in financial planning and analysis, investment banking, or similar environment

* Ideally working knowledge of PolyPaths ALM or other ALM application

* Ideally previous experience with Oracle/Hyperion financial applications

* Strong excel and modeling skills

* Solid technical and analytical skills in finance and general accounting

* Strong interpersonal and communication skills

* Bachelor degree in Finance, Accounting, Economics or other business related field

ETRRSR

BENEFITS

We offer a competitive and comprehensive benefits package. Please visit https://etradecareers.com/why-work-at-etrade/employee-benefits to learn more about the opportunities.

E*TRADE Financial is an Equal Opportunity Employer who encourages diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, disability, citizenship, marital status, sexual orientation, gender identity, military or protected veteran status, or any other characteristic protected by applicable law.

Job Number: IRC128671

Community / Marketing Title: Lead Analyst, Finance Planning Analysis

Location_formattedLocationLong: Arlington, Virginia US