Finance Profitability Manager FP&A
Associated Bank · Minneapolis, MN · Yesterday
Finance$79k–$135k/yrFull-time
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
Required Education and Experience
- 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 Qualifications
- MBA/CMA/CPA
- SQL and BI tools (Power BI, Tableau)
- ALM/FTP systems (QRM, Empyrean, Moody’s)
- Regional bank experience
Benefits
- 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
Pay
$78,680.00 - $134,880.00 per year