Associated Bank

Finance Profitability Manager FP&A

Associated Bank$78K — $134K *
Omaha, NE 68104In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Finance, Accounting, Economics, or related field.
  • 7–10+ years of experience in Bank FP&A, Treasury, or Profitability Analytics.
  • Direct experience with banking profitability methodologies.
  • Strong knowledge of Net Interest Income (NII), Funds Transfer Pricing (FTP), capital frameworks, and cost allocation.
  • Excellent governance, documentation, and communication skills.

Responsibilities

  • Oversee and enhance profitability methodologies ensuring consistency and transparency.
  • Produce management financials and segment reports to provide insights.
  • Lead enterprise profitability reporting and analytics with executive summaries.
  • Collaborate with Treasury on FTP management and evaluate financial dynamics.
  • Manage cost allocation and activity-based costing to align with regulatory frameworks.
  • Deliver detailed profitability analyses to senior leadership on various levels.
  • Support strategic decision-making through scenario analysis on pricing and initiatives.

Benefits

  • Retirement savings options including 401(k) and Pension plans.
  • Paid volunteer time to engage with the community.
  • Networking opportunities through diversity-focused Colleague Resource Groups.
  • Professional development and career advancement opportunities.
  • Additional benefits for well-being, parental leave, and employee stock purchase plans.
Full Job Description
The Profitability Manager – FP&A leads enterprise profitability analytics and owns the methodologies that govern revenue, cost, capital, and risk-adjusted return attribution across the bank. This role serves as a key finance partner and subject matter expert on profitability analytics, collaborating with Treasury, Accounting, and business leaders to deliver actionable insights that support pricing, capital allocation, and strategic decision-making. Key Accountabilities • Oversee and improve profitability methodologies (capital allocation, cost allocation, revenue attribution, FTP) ensuring consistency, transparency, and documentation • Produce management financials and segment report • Lead enterprise profitability reporting and analytics (NIM, fees, expenses, capital usage, RAROC/ROE/ROA) with clear executive insights • Partner with Treasury to manage FTP and evaluate spreads, margin dynamics, funding mix, and rate sensitivity • Oversee cost allocation and activity-based costing; maintain capital attribution aligned with RWA frameworks • Deliver customer, product, and segment profitability analysis; explain results and drivers to senior leadership • Provide decision support for pricing, new products, M&A, and strategic initiatives through scenario and stress analysis • Integrate profitability into budgeting, forecasting, and long-range planning; enhance forward-looking models • Maintain governance and controls, including model validation support, regulatory alignment, and methodology change management Education and Experience Required • Bachelor’s in Finance, Accounting, Economics, or related (required) • 7–10+ years in Bank FP&A, Treasury, or Profitability Analytics • Direct experience with banking profitability methodologies • Strong knowledge of NII, FTP, capital frameworks, and cost allocation • Strong governance, documentation, and communication skills Preferred • MBA/CMA/CPA • SQL and BI tools (Power BI, Tableau) • ALM/FTP systems (QRM, Empyrean, Moody’s) • Regional bank experience In addition to core traditional benefits, we take pride in offering benefits for every stage of life.  • Retirement savings including both 401(k) and Pension plans.  • Paid time off to volunteer in your community.  • Opportunities to connect with others through our diversity-focused Colleague Resource Groups.  • Competitive salaries with professional development and advancement opportunities.  • Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.   • Personal banking, loan, investment and insurance benefits.  The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role. For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range. $78,680.00 - $134,880.00 per year

About Associated Bank

Associated Bank is a regional bank that provides a wide range of financial products and services to individuals, businesses, and organizations. The bank offers personal and business banking, wealth management, and insurance services, and operates more than 200 locations throughout Wisconsin, Illinois, and Minnesota. Associated Bank was founded in 1861 and has a long history of serving its communities and customers. The bank is committed to providing exceptional customer service and building strong relationships with its customers.
Learn more about Associated Bank
Size
4,900 employees
Industry
Founded
1874

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