Director, Financial Planning & Analysis, GTB

Purpose

Designs and implements the management reporting framework for GTB Finance ensuring specific goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures. The FP&A Director reports to Director, Head GTB Finance and is responsible to design, coordinate, and renovate management reporting, and to develop and maintain management metrics for GTB. He/she has responsibility to manage and coordinate the financial forecast and budget process, contribute to global capital planning, and provide insights and analysis to enable expense management capabilities. The incumbent also has responsibility to develop and maintain procedures for all management reporting, and influence over Global Finance initiatives.

Is this role right for you? In this role you will:

Capital Accuracy Initiative and Execution

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Culture / Team Environment – Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge. Contribute to an environment in which the team works together to produce creative and value-added strategic analysis while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls.
• Management Reporting – Design, renovates, and coordinates management reporting, and develops and maintains management metrics for GTB. Develop and maintains procedures for management reporting.
• Financial Forecasting and Planning – Work together with others to prepare and update financial plans, forecasts, budgets, stress tests, business and project pipelines, and other forward-looking financial outlooks. Identify issues and provide commentary related to financial results and/or forecasts with respect to the capital position or metrics.
• Strategic Initiatives - Develop recommendations and analysis related to the execution of GTB strategic initiatives including Balance Sheet Optimization and aligning the business mix. Leverage strong understanding of key business constraints including wholesale funding, regulatory capital, and liquidity metrics to help optimize the balance sheet resources to maximize profitability in consideration of these constraints. Influence Global Finance initiatives on behalf of GTB.
• Management Information Systems – Work collaboratively with other stakeholders in GTB to access management information systems required to perform the duties of the position including data related to profitability and performance as well as proxy capital and funding usage on a business line, product, geographic, or client basis.
• Ad Hoc Requests – Support ad hoc requests from Executive Management, auditors, regulators, ratings agencies, research analysts and other external parties as required. Prepare and provide analytical support including analysis and data related to business line, product, geographic, or client profitability, capital, and/or funding usage.
• Risk Culture – Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• MBA or MS in Finance or Accounting.
• CPA preferred.
• 12+ years of financial planning experience.
• Creative design and implementation capabilities to develop FP&A management reporting.
• Strong knowledge in financial accounting (IFRS regulations), statutory and other complex accounting principles, P&L reconciliations, profitability analysis, ABC costing models, performance management models, and knowledge of financial and models is required.
• Understanding of risk management concepts.
• Track record in supporting systems of internal controls.
• Highly developed understanding of capital markets business lines, financial reporting process, compliance policies, performance measurement, planning and analysis, service standards, and legal and regulatory requirements.
• Advanced presentation and communication skills and proven ability to provide insightful and influential analysis to Executive Management.
• Expert ability to balance competing or conflicting goals of various departments/stakeholders, requiring a mature, diplomatic approach and highly developed negotiation and influencing skills.
• Demonstrated ability to work in a team environment under tight deadlines.

What’s in it for you?

• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

Location: Canada, Ontario, Toronto

If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.