City National Bank (CNB)

Finance Manager III

City National Bank (CNB)$99K — $176K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Business, or Accounting
  • 7+ years of experience in a financial institution
  • 7+ years of management experience
  • Advanced skills in financial management
  • Developed executive communication skills and understanding of the organization

Responsibilities

  • Lead annual budget reviews to align LOB goals with Bank objectives
  • Challenge quarterly forecasts and ensure accuracy during executive reviews
  • Oversee management reporting and provide analytics to LOB executives
  • Review business cases for strategic decisions impacting profitability
  • Meet with division executives to identify revenue growth and cost-reduction opportunities
  • Lead special financial projects and participate in task forces as needed
  • Develop strategies to improve workflow and communication

Benefits

  • Comprehensive healthcare coverage including Medical, Dental, and Vision
  • Generous 401(k) matching contribution
  • Career development through tuition reimbursement and training resources
  • Valued time off benefits including vacation and sick leave
  • Specialized health and family planning benefits
  • Career mobility support from a dedicated recruitment team
  • Colleague Resource Groups for networking and community engagement
Full Job Description
FINANCE MANAGER III

WHAT IS THE OPPORTUNITY?

Responsible for leading a team of strategic financial business partners supporting numerous Lines of Business (LOBs) and defining, building, and leading the financial strategic direction of their respective LOBs consistent with the Bank's objectives.

WHAT WILL YOU DO?

  • Review & challenge the annual budget for the LOBs, ensuring goals are in line with Bank objectives. Oversee budget models and ensure assumptions are reasonable, accurate, and have integrity. Review budget presentations and present results to executive management.
  • Review & challenge quarterly forecasts and participate in the quarterly review process with executive management. Review quantitative and qualitative details to ensure they are accurate and rational; ensure LOB forecasts and objectives are within acceptable guidelines to compliment the Bank's performance expectations.
  • Review monthly management reporting, including financials and any other analytics appropriate for the LOBs. Ensure financials are accurate and distributed in a timely manner. Provide analytics and commentary to the LOB executives, highlighting material trends, variances, and other pertinent findings.
  • Review & challenge business cases for talent acquisitions, office openings/closures, product introductions/eliminations, and other ad hoc purposes, and make recommendations based on the impact to the LOB's and Bank's profitability.
  • Meet with assigned division executive(s) regularly to keep current with challenges, opportunities, and potential changes. Continually look for ways to increase revenue and reduce expenses by reviewing division analytics regularly.
  • Lead special financial projects and participates in various task forces and committees as required by senior management.
  • Develop and implement ideas and strategies to improve processes and communication.
  • Supervise workflow and provide expertise and direction to support staff as needed.
  • Complies fully with all Bank policies and procedures, as well as all regulatory requirements.
  • Completes all required training.
  • Requires advanced skills and experience in financial management
  • Support groups are complex with wide scope.
  • Requires minimal guidance in decision making
  • Developed executive communication skills
  • Developed understanding of overall organization
  • May participate in bank wide projects and initiatives as needed


WHAT DO YOU NEED TO SUCCEED?

Required Qualifications*

  • Bachelor's Degree or equivalent Finance, Business, or Accounting
  • Minimum 7 years of experience working for a financial institution required
  • Minimum 7 years of experience in a management role required


WHAT'S IN IT FOR YOU?

Compensation
Starting base salary: $99,000 - $176,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
  • Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
  • Generous 401(k) company matching contribution
  • Career Development through Tuition Reimbursement and other internal upskilling and training resources
  • Valued Time Away benefits including vacation, sick and volunteer time
  • Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
  • Career Mobility support from a dedicated recruitment team
  • Colleague Resource Groups to support networking and community engagement


Get a more detailed look at our Benefits and Perks.

About City National Bank (CNB)

City National Bank is a regional bank that was founded in 1954. The bank provides a range of financial services to individuals and businesses. City National Bank has branches in California, Nevada, New York, Georgia, Tennessee, and Washington, D.C. The bank is a subsidiary of the Royal Bank of Canada.
Learn more about City National Bank (CNB)
Size
250 employees
Industry
Founded
1946
NASDAQ

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