Financial, Planning & Analysis (FP&A) Manager

Crown Agents Bank Ltd.; London; On-site; GBP 50,000 - 90,000

Job description

Financial, Planning & Analysis (FP&A) Manager

• Full-time

Crown Agents Bank is a vastly growing and regulated UK bank that connects emerging and frontier markets to the rest of the world, using FX and payments technology. We are transforming the way payments and FX move through emerging markets, reducing friction so that more money gets to those who need it. Emerging markets payments are usually challenging, expensive, unreliable and opaque. Our solutions help fix these pain points. Ultimately, we connect traditionally hard-to-reach regions to global financial infrastructure, giving access to the best prices and the fastest, most reliable settlement.

FX and cross-border payments are often complex and expensive, especially when operating in emerging markets. Crown Agents Bank (CAB) wraps its deep and trusted relationships and strength of network around innovative digital capabilities, and cross-border transaction banking solutions to enable fintech, corporates, governments, development organisations and banks to move money to, from, and across often hard-to-reach markets.

Responsibilities

• The FP&A Manager will play a crucial role in underpinning the Head of FP&A and responsibilities will span across:
• Financial planning & forecasting: lead the modelling across P&L and Balance sheet for the Budget and Forecasting process
• ExCo and Board monthly financial MI reporting
• Providing commercial insight to the front office
• Creating dynamic insightful MI to the senior leadership.
• A successful candidate will present examples of true ownership of deliverables with limited oversight / support – this is an essential attribute in a fast-paced, lean finance function within a small Bank.
• Support the delivery of the articulation of the modelled outputs to ExCo and Board for sign off. This includes:
• Ability to model Banking product revenue using business owned inputs which are appropriately challenged.
• Have a deep understanding of the interaction of the P&L and Balance sheet for a Bank.
• The capability to translate the financials into a concise PowerPoint presentation for ExCo and Board approval.
• Own the rolling forecasts to provide up-to-date financial projections.
• Work collaboratively with Treasury to ensure financial planning aligns with ICAAP & ILAAP requirements.
• Lead on the impairment assessment forecasts working collaboratively with the external auditors.
• Management reporting
• Production owner of key reporting packs to ExCo and Board with capability to draw concise and insightful 1st line commentary for senior management consumption.
• Responsible for the collation and calculation of strategic KPIs communicated to ExCo including NIM, Return on Capital.
• Business Partnering
• Work across functions and own the modelling of strategic business cases for onward submission to Board.
• Providing ad-hoc commercial and analytical support to business stakeholders such as the Head of Investor Relations, Front line leaders and ExCo.
• Work collaboratively with the BI team lead to enhance and automate client level MI, currently communicated via Power BI.

Minimum Requirements

• Degree level

Experience:

• Significant experience working in FP&A within the Banking industry.
• Experience of being a meaningful contributor / lead to the Budgeting process in a Bank.
• Capable to identify and explain the drivers of the P&L and Balance Sheet.
• Strong proficiency in financial modelling for Banking products such as lending and deposit NII.
• Deep understanding of how the balance sheet interacts with the P&L.
• Are a self-motivated individual / results driven who will pursue a task to its conclusion without the need for constant supervision.
• Have a strong sense of accountability and proactive ownership of key deliverables.
• Ability to work independently, proactively and collaboratively in a fast-paced environment.
• Capability to illustrate good strategic thinking, commercial acumen and product intuition.
• A proficient user of Excel and PowerPoint.
• Strong written and spoken communication skills.
• Able to develop strong working relationships with a broad range of stakeholders.
• Take and give feedback well.
• Have the appetite for proactively developing new skills and capabilities.

Preferred but not essential:

• Experience using data visualisation tools such as Power BI or Tableau (Preferred, not essential).
• Familiarity with regulatory frameworks (Basel III/IV, IFRS 9, ICAAP, ILAAP).
• Experience with VENA (or similar OLAP system, such as IBM Cognos).

Benefits

• Contributory personal pension plan: - Minimum: Employee 2% and Employer 7%. Employer matches contributions in 1% increments to a maximum of: Employee 5% and Employer 10%.
• Life Assurance – 4 times annual salary.
• Group Income Protection.
• Private Medical Insurance – this may include cover for partner and or children at company cost. Cover includes Optical, Dental and Audiology.