DESCRIPTION:

Duties: Preparation and analysis of profitability reporting packages. Preparation of annual operational budgets, forecasts and business plans for the Partnerships business. Preparation of monthly earnings estimates and earnings variance explanations. Provide timely and accurate information and analysis to support management decision making. Track and report performance against financial and non-financial metrics. Verify the accuracy and adherence to company policy of all expense related line items. Create templates, models and schedules for forecast/budget submissions and preparation of management reports. Facilitating departmental expense planning/forecasting activities by providing historical financial trend data, operating results and analytical support. Maintain/populate a database of financial information for analyzing new volume metrics, portfolio metrics, operating costs and performance metrics. Serve as a financial liaison between the functional areas and the CFO organization. Prepare presentations for management review. Support the Partnerships Finance Team in Management Reporting related to the Auto Finance Manufacturer Partnerships organization. Create meaningful reports and analysis. Drive ad hoc and special projects. Develop and enhance financial assumptions for profitability models and new business initiatives including associated sensitivity analysis. Support review and enhancement of revenue and expense assumptions used to establish models for pricing. Provide thought leadership and mentorship to junior staff in the team. This position supervises 2 employees (2 Financial Analysis).

QUALIFICATIONS:

Minimum education and experience required: 3 or 4 Bachelor's degree in Finance, Accounting, Business Management or related field of study plus 7 years of experience in the job offered or as Associate, Analyst, or related occupation. The employer will alternatively accept a Master's degree in Finance, Accounting, Business Management or related field of study plus 4 years of experience in the job offered or as Associate, Analyst, or related occupation.

Skills Required: Requires experience in the following: Financial analysis or accounting, working in banking and financial institutions; banking balance sheet and profit & loss statements (Net Interest Income, Expenses, and other revenue); corporate finance (Capital, Funding, NPV); calculating key metrics (Return on Equity, Return on Assets; Discounted Cash Flow); analytics; financial modeling and forecasting (annual budget, rolling and forecasting revision and variance analysis); Analysis & interpretation of micro & macro economic variables & drivers, FAS91 deferral (costs associated with originating loans and leases); operating expense management; Advanced excel, PowerPoint, Essbase; SQL; and SAP.

Job Location: 300 N King St, Wilmington, DE 19801. Telecommuting permitted up to 40% of the week.