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Company: City National Bank
Location: Los Angeles, CA
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

PROFITABILITY ANALYST
WHAT IS THE OPPORTUNITY? As a member of the Metrics and Client Profitability team within Finance, the Profitability Analyst will participate in the monthly profitability reporting process, reconciliations, and ad hoc requests supporting the bank's client and profitability reports. They will be responsible for the maintenance of the bank's profitability reporting system. They will assist in research, responding to audit inquiries, and other special projects. They will work closely with the bank's technology team to rectify data quality issues. This role requires the ability to translate business problems into solutions/approaches driven by data analysis, business acumen, creativity, and clear, concise, and effective communication. This role will focus on these primary dynamic analytics: descriptive (what happened?), diagnostic (why did it happen?), predictive (what will happen?), and prescriptive (how can we make it happen?).
WHAT WILL YOU DO?

  • Maintain and enhance the bank's profitability reporting system.
  • Perform monthly reconciliations and data integrity review of data used for client profitability.
  • Act as a liaison between the technical team, business partners, and end-users of the profitability system.
  • Perform data analysis by writing complex PL/SQL queries on various source systems and data warehouse to find trends and anomalies in the data in support of the requirements for various strategic and/or tactical projects.
  • Serve as Subject Matter Expert on a particular system and its data, and guide the development activities with assumptions and data dependencies.
  • Identify data quality issues and concerns and support the data governance initiative by being involved in various data initiatives.
  • Conduct on-going analysis of the business, operating practices, and data flows within and between various systems and applications.
  • Ensure all documentation such as data mapping, data lineage, functional spec, and any other technical documentation are detailed and up to date.
  • Responsible for leading data analysis and design tasks for specific projects in the Finance group.

WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
  • Minimum 3 years of experience as an analyst in Finance or Profitability Metrics required, preferably in the financial services industry.
  • Experience in the implementation of profitability solutions.
Additional Qualifications
  • Bachelor's degree in Finance, Data Analytics, Accounting, or similar areas of study strongly preferred.
  • Prior hands-on experience in using SQL or Business Objects report queries a plus.
  • Prior experience in Financial Services industry a plus.
  • Excellent analytical skills.
  • Good knowledge of project management technique.
  • Able to communicate clearly and professionally with all levels of an organization.
  • Strong interpersonal, written and verbal communication skills with demonstrated ability to work in a team environment.
  • Ability to express complex technical concepts in business terms.
  • Ability to learn new and emerging concepts quickly.
  • Ability to work with large datasets.
  • Ability to work on multiple projects at a time.
  • Experience learning/navigating software systems and databases.
  • Comfortable working independently as well as in highly collaborative situations.

WHAT'S IN IT FOR YOU? Compensation Starting base salary: $87,027 - $138,965 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 US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.


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