New

Line of Business Finance Director - Consumer - Morristown, NJ

Valley National Bank
$127,600.00 - $228,500.00 / yr
United States, New Jersey, Morristown
May 15, 2025
Back Line of Business Finance Director - Consumer #25-496 Morristown, New Jersey, United States Apply Apply for this job now! Apply Job Overview The Business Line Finance Director serves as a strategic partner providing comprehensive financial support to a core Business Line (Commercial, Consumer, & Shared Services) by managing the business line finance responsibilities. Establish financial strategies and direction for the business line that support leadership's strategic priorities. Maintain an environment of strong compliance and risk management providing control, ensuring quality and accuracy of financial reporting. Provide an independent view of financial matters and utilize financial and business metrics to help business leaders drive performance and realize targeted outcomes. Expected Work Hours 40 Job Description Responsibilities include but are not limited to: Strategic partner to core Business Line. Builds a core business review that clearly states the strategic priorities of the business line along with the related success measures and projected financial outcomes to establish the direction of the business, products, and markets. This is accomplished by consistent analysis of the market place/competition; leadership direction of the organization and identification of client needs. Development of the business plan and forecast. Monitors the business performance in accordance with industry/market/plan and year over year growth. Produces monthly Profit and Loss statements with analysis and explanation to business leaders and utilizes leading indicator Business Performance Measures to assess business direction and pending risk/opportunity. Understands and adheres to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management. Maintain a strong financial analysis foundation creating forecasts and models. Assists management with ad-hoc reporting and requests from the line of business. Requirements Required Skills: Expertise in Excel and overall MS Office suite and a working knowledge of relevant software applications. VBA and Power BI a plus. Strong analytical ability and creative problem solving-skills, including knowledge and application of financial concepts. In-depth knowledge of the banking industry and related financial governance and risk management principles and strategies. Solid understanding of accounting principles. Excellent communication skills, both written and verbal. Demonstrated ability to manage multiple tasks and competing priorities. Strong interpersonal skills and maturity to build relationships and interact from a business as well as a technical standpoint. Ability to reason and make sound decisions. Required Experience: Bachelor's degree and a minimum 10 years' experience in Finance, Business or a related field with 4 years' managerial experience or in lieu of a degree, a combined minimum of 15 years' higher education and/or work experience with 4 years' managerial experience. Preferred Experience: Master's Degree, Financial Services or Banking experience. Full-time/Part-time Full-time FLSA Exempt Location(s) Morristown , New Jersey , United States Job Details Pay Range Pay Range The estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay. The actual pay rate will depend on the person's qualifications and experience. $127,600.00 - $228,500.00 / year Pay Transparency In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.