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Financial Analyst

The Analyst must be able to work and communicate effectively with their end customer, and work effectively with and through others, interacting with all levels of the organization.This individual must be able to work collaboratively with members of their own team, and/or other teams in the corporate, lines of business, regional and global shared service centers, and in-country operations. S/he will draw on her/his strong verbal skills and written communications to compile thorough, accurate and neat analyses/workpapers; articulating her/his findings in clear, easy to understand language. S/he must be able to cultivate productive and positive working relationships so that s/he is able to leverage these relationships throughout the course of her/his work when the input of others can provide needed context, clarity, and data to the work s/he is tasked with completing.

Key Contacts/Interactions:

Corporate, line of business, regional and global shared services, and in-country Finance teams and senior management

Global Process Owners (E2E, Functional, and Discrete)Legal Entity/Regional Controllers, business partners, and other customer/requesters internal and external to FinanceManagement Reporting Teams, Data Management teams, Management Reporting COE, Technical Accounting COE

Education / qualification / experience required

Bachelors Degree in a financial discipline such as accounting, finance, statistics, or economics; or equivalent work experienceMBA, or local country equivalent preferredStrong proven background in accounting or finance with previous experience in a management reporting and anaylsis roleExperience in budgeting, planning, forecasting, financial analysis and modeling. Business Intelligence, Marketing and Pricing Analytics. Experience working in a global shared services environment . Global financial services experienceStrong written and oral communications skills in EnglishFinancial services or blue chip working backgroundStrong commercial acumen with the ability to influence senior stakeholders in a concise manner

The Business Partners' Principle Financial Analyst provides business, financial, and/or systems analysis and reporting support for key EMEA regional executives based in London and their managers. The position has client face-off for the Business Partners' Finance, Executive Management and Global Client Management regional heads.

The Principle financial analyst is expected to deliver complex analytics and reporting support for their assigned corporate or business Partner as well as analysis for region, country and legal entity teams. Integral to the role is providing support for the development of nuanced period end commentary, variance analyses, and reporting; recommending and supporting Key Performance Indicator (KPI) metrics and scorecard reporting, providing capital planning, project planning, and budget management insight, guidance, and support, in addition to a wide range of planned periodic and unplanned delivery to ad hoc requests as assigned.

The individual in this role will work independently to accomplish his/her own assigned workload and collaboratively with other members of his/ her Finance or cross functional team in compliance with the approved process standards at the agreed service levels.The individual in this role will proactively identify analytics and reporting needs, and partner proactively with customer management and the Management Reporting LOB Delivery Lead to prioritize and agree needs for their customer organization.

The Principle financial analyst may be called upon to perform analysis and/or provide guidance and insight related to complex financial transactions, budgeting, forecasting, planning, reporting, allocations, operating performance, profitability, foreign exchange movements and industry/competitor outcomes and trends.

S/he may provide analytical support and advisory services related to more complex activities such as audits; and the fulfillment of complex ad hoc requests and the proactive development and delivery of special projects as agreed in the demand management process. In addition to ad hoc requests and special projects, the Analyst might be called on to perform or assist in complex analyses and advisory support related to:

financial performance, e.g. actual revenues and expenses vs. forecasted/planned revenues and expensesdecision support for a prospective business opportunity or new product offeringscompetitive performance evaluation, e.g. key performance indicators for BNYM as compared to its competitionprofitability analysis of products offered and customers servedcomparative analytics, period to period variances in connection with the close

Key role and responsibilities:

Perform complex historical analyses to support the assigned end to end processes within Finance. Perform analyses in connection with complex aspects of various processes, including but not limited to support for the period close, analyses of performance such as forecasted period revenue and expenses against actual results, metrics and scorecard reporting; and other financial and/or management reporting analytics and decision support as required. Review, analyze and prepare documentation of findings and recommendations. Assist in the preparation of complex prospective detailed and summary forecasts; analyze key performance indicators (KPIs) to provide accurate and timely financial recommendations to management for performance management and decision making purposes. Compile and update short term and long range forecasts to reflect management-driven changes in business strategies and business intelligence on the competitive environment impacting lines of business. Participate in the development of annual operating, capital and strategic plans. Provide financial information and analysis for input into a wide variety of scheduled periodic financial reports (e.g. Financial Reporting, the standard Management Pack, Scorecards, Board Reports) and ad hoc requests for financial information from various viewpoints, such as performance to plan as viewed on a firmwide, global, regional, and line of business basis; or a competitive analysis of the firms performance against relevant key performance indicators for the banking industry. Provide complex trend analysis on financial data and operating performance, and summarize findings/develop recommendations on potential efficiency and effectiveness performance improvements against benchmarks. Capture the outcome of planned and ad hoc work effort in the standard work load repository for review and knowledge capital purposes. Capture requests for services and analyses in the standard demand management tool, in order to support the effective utilization of time and workload on an ongoing basis. Sustain and constantly renew an advanced understanding of the latest applications and tools used to perform the work, including Microsoft Excel, budgeting and financial modeling software, the general ledger application, automated reconciliation tools, and the BNYM chart of accounts. Develop an in-depth of understanding all of the data presented in reports used on the job. Serve as a go-to member of the team, sharing knowledge with colleagues to strengthen their understanding of processes and tools.Develop complex financial models and analysis of the financial impact of new projects and various business opportunities, special projects and operational issues. Perform ad hoc requests and special projects, as assigned.Develop projects, including the implementation of new processes, applications, and tools acquired to support the continuous improvement of Finance processes and the evolving organizational needs for new insight into business performance and the competitive environment. Qualifications

Business expertise

The Analyst IV must have an in-depth understanding of advanced analytical methods and tools, the Finance end-to-end processes and the criticality of providing timely and accurate information and guidance to support management decision making.S/he must have an in-depth understanding of the BNYM business he/she serves, what is driving the business strategies and how to support the establishment and delivery to performance objectives, to be effective in their role.S/he must understand how the information s/he analyzes or works with is derived or sourced; and the drivers that can impact or cause the data to change. The Analyst IV must have advanced analytical skills to carry out her/his work in supporting the Finance organization and senior management. S/he must be capable of independently performing complex financial analysis, providing guidance and thought leadership to his/her BNYM customers and fellow team members. S/he must also be adept at learning new financial applications and, continuously renew her/his aptitude in the latest tools. In addition, s/he must possess strong organizational skills to manage the prioritization of her/his workload and support the ability of the team to meet their overall commitments. The Analyst IV must execute her/his work in a timely, effective, and fit for business purpose manner, and demonstrate a commitment to excellence in meeting the service levels agreed in the Mutual Service Agreements (MSA).

Problem solving

The Analyst IV must be able to apply knowledge of advanced analytical methods and tools to effectively identify and resolve problems, e.g. trends to be corrected, performance to be improved, and issues to be resolved.This individual has the capability to understand and effectively address more nuanced situations, where the root cause of a problem is not immediately evident.The Analyst IV is a go to person that the client organization and fellow team mates will refer to in order to resolve more complex issues and to develop creative solutions to the more significant issues with potential high dollar impacts.

Nature & area of impact

The Analyst IV plays an integral role in providing the capability to help their assigned customer organization to meet their business objectives, recognize trends, understand performance issues, and take appropriate action to improve performance. The Analyst IV must be able to understand the broader picture and business environment, understand the basis for critical business assumptions, and be able to advise their customers and fellow team members to take appropriate action.He/she must be able to see his/her work in the context of the whole process, and must understand the upstream and downstream implications of performing those activities or other assigned work should the outcome not conform to the process standards or committed service levels as agreed in the Mutual Service Agreements (MSA).

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.

Job added on 16-11-2014