Washington Trust Bancorp, Inc

Sr Financial Analyst

Washington Trust Bancorp, Inc$89K — $133K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or Management Information Systems (MIS) required; MBA preferred.
  • At least five years of experience in the banking or financial institution sector.
  • Proficiency in Microsoft Office Suite.
  • Ability to learn quickly and ask relevant questions.
  • Team player with a strong sense of accountability.
  • Effective verbal and written communication skills.
  • Creative problem solver with a clear articulation of solutions.
  • Strong multitasking skills while maintaining accuracy and meeting deadlines.

Responsibilities

  • Conduct comprehensive analyses for senior management to drive business objectives and performance evaluation.
  • Prepare analyses of product and customer profit contributions to support decision-making on performance and pricing.
  • Create and assess budgets and budget variances to monitor financial health.
  • Engage in liquidity management, interest rate risk assessment, capital management, and market analysis.
  • Develop analytical tools focused on customer contribution and pricing strategies.
  • Support enhancements to the corporate accounting and reporting systems to improve efficiency.
  • Manage multiple projects and foster collaborative interactions across divisions and with vendors.

Benefits

  • Comprehensive health coverage including medical, dental, and vision.
  • Financial benefits to support your financial well-being.
  • Retirement plans to secure your future.
  • Work/life balance initiatives to promote personal well-being.
Full Job Description
Reporting to the FP&A Manager, the Sr. Financial Analyst has primary responsibility for the analysis, management reporting and thought leadership related to the profitability of individual business lines in addition to total bank performance.

Essential Functions:

  • Researches and prepares or directs the preparation of analyses for senior management's use in setting and monitoring business objectives; participates in the communication of results.
  • Prepares or directs the preparation of analyses of product and customer profit contribution for management's use in evaluating performance and pricing new business.
  • Prepares and analyzes budgets and budget variances.
  • Works with bank liquidity, interest rate risk management, capital management, wholesale funding, product and market analysis.
  • Develops analytical tools for analysis of customer contribution and pricing.
  • Participates in the design and implementation of enhancements to the accounting and reporting systems of the corporate group.
  • Management of multiple projects, approaches to problem solving, interactions with employees outside the division and with vendors.
  • Sufficient knowledge of and experience with the bank's primary application systems to recognize problems when they occur; to recognize opportunities to automate, enhance or streamline activities and to assist in implementation.
  • Continue to grow our abilities to deliver enhanced reporting which allows users to navigate data, gain knowledge, and make informed decisions.


Qualifications:

  • College degree in Accounting, Finance or MIS required. Prefer MBA in Accounting or Finance or equivalent work experience.
  • Minimum five years of banking/financial institution experience required
  • Working knowledge of Microsoft Office Suite.
  • Quick learner and not afraid to ask questions
  • Collaborative and accountable team member
  • Clear communicator
  • Out of the box thinker able to articulate steps to resolve problems
  • Ability to multitask on several projects while not compromising accuracy nor extending deadlines
  • Regular reliable attendance


Compensation:

Financial Analyst - $77,798 - $116,698
Sr. Financial Analyst - $89,158 - $133,795

The compensation range represents the low and high end of the base salary ranges for this position located in Spokane, WA. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.

What Our Culture Can Offer You:

Our benefit philosophy is to provide you with a comprehensive package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health, Financial, Retirement and Work/Life Benefits. We are proud to share an overview of our benefits HERE as part of your total compensation.

About Washington Trust Bancorp, Inc

Washington Trust Bank is an American diversified financial services holding company headquartered in Spokane, Washington. It is the oldest and largest privately held commercial bank in the Pacific Northwest, and has more than 40 financial centers and offices in Washington, Idaho and Oregon with over 1,000 employees. As of December 2014, the bank had assets in excess of $4.77 billion. Washington Trust opened in 1902 as The Washington Trust Company. Current CEO Peter F. Stanton is the fourth generation of the Stanton family to lead the bank. The bank operates offices throughout Washington, Oregon and Idaho. The first branches in Idaho opened in 1989, while the first branch in Portland opened in 2004. Washington Trust also expanded to the Puget Sound area, opening offices in Seattle in 2000 and in Bellevue in 2004. Services offered by the bank include personal and commercial banking, home loans, private banking, wealth management and advisory services, trust services and investment services. Washington Trust has ranked first in deposits in Spokane County since 2009.
Learn more about Washington Trust Bancorp, Inc
Size
623 employees
Market Cap
$816.9 million
Industry
Net Income
$69.8 million
5 Year Trend
+3.4%
NASDAQ

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