AVP - Financial Due Diligence Opportunity at Reputable Fintech BankThis Jobot Job is hosted by: Alvin TruongAre you a fit? Easy Apply now by clicking the Apply buttonand sending us your resume.Salary: $110,000 - $145,000 per yearA bit about us:Based in New York, We are a full service bank that provides global financial services and are well known for creating effective and robust financial experiences that have shown to be recognize us as a financial leader.We are looking for a talented AVP of Financial Due Diligence Review Manager that has a strong background in assessing and managing third-party relationships to ensure a banks financial position, risk mitigation, and financial accounting due diligence. Please Apply if you're interested!Why join us?
- Strong Compensation & Benefits Package
- Extensive PTO
- Huge Room for Growth
- Weekly Lunches & Fun Company Culture!
- Great 401k Match
- Health, Vision, Dental Benefits
Job DetailsResponsibilities:
- Perform comprehensive financial due diligence reviews of the Bank s existing or prospective third parties by identifying and evaluating financial risks through detailed analyses of financial statements and cash flows, benchmarking against industry standards, performing going concern assessments, and assessing third parties ability to repay annual debt service.
- Perform in-depth financial analytics and synthesize information into actionable insights to facilitate discussions with the Bank Committee.
- Analyze detailed financial statements information including income statement, balance sheet, cash flow statement, key performance indicators, and operational data.
- Manage collaboration with the Bank s external stakeholders regarding any identified or escalated key financial issues, determining the need for more thorough investigation or additional information required.
- Manage collaboration with the Bank s Third-Party Governance & Oversight team to develop third-party remediation plans and evaluate the status of remediation efforts for compliance.
- Evaluate key financial metrics and accurately assigning risk ratings in accordance with the Bank s financial risk assessment methodology.
- Collaborate with the Bank s Third-Party Governance & Oversight team and manage ongoing monitoring of financial risks associated with third-party relationships. This includes timely identification of emerging financial risks to facilitate appropriate risk management, ensuring compliance to Third-Party agreements and minimize potential financial losses.
- Provide oversight of the financial positions of the Bank s third-party relationships, including conducting annual reviews and preparing interim update memos for the Third-Party Oversight - - Committee, among other responsibilities.
- Report on the status of third-party due diligence reviews, identified conditions within third-party relationships and other relevant information to the Bank Committee.
Job Qualifications:
- Bachelor s Degree in Accounting, Finance, Economics, Business Administration, or related field
- 7+ years of demonstrated experience in financial audit, accounting, finance due diligence or finance
- Relevant Finance certifications (i.e., FRM, CPA, etc.
- Demonstrated expertise in financial statement analysis, identification of financial risks.
- Working knowledge of US GAAP, audit opinions and SEC reporting requirements.
- Strong understanding of accounting and financial processes.
- Advanced accounting, finance, financial modeling, and analytical abilities
- Familiarity with financial services industry risks and regulations.
- Familiarity interpreting financial auditors reports.
- Ability to present complex analysis with clarity.
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint) or related software.
- Capability to work independently and collaboratively in a team environment.
- Excellent verbal and written communication skills.
- Strong interpersonal skills.
Interested in hearing more? Easy Apply now by clicking the Apply button.