Job Information
Valley National Bank Line of Business Finance Director - Commercial in Morristown, New Jersey
Responsibilities include but are not limited to:- Strategic partner to core Business Line.- Builds a core business review that clearly states the strategic priorities of the business line along with the related success measures and projected financial outcomes to establish the direction of the business, products, and markets. This is accomplished by consistent analysis of the market place/competition; leadership direction of the organization and identification of client needs.- Development of the business plan and forecast. Monitors the business performance in accordance with industry/market/plan and year over year growth.- Produces monthly Profit and Loss statements with analysis and explanation to business leaders and utilizes leading indicator Business Performance Measures to assess business direction and pending risk/opportunity.- Understands and adheres to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management.- Maintain a strong financial analysis foundation creating forecasts and models.- Assists management with ad-hoc reporting and requests from the line of business.Valley National Bank is an Equal Opportunity / Affirmative Action Employer. All qualified applicants are encouraged to apply, and will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or other legally protected characteristics, and will not be discriminated against on the basis of disability.