Jobs · Finance · Minnesota

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

Similar jobs