Finance Profitability Manager FP&A

About the role

The Profitability Manager – FP&A leads enterprise profitability analytics and owns the methodologies that govern revenue, cost, capital, and risk-adjusted return attribution across the bank. This role serves as a key finance partner and subject matter expert on profitability analytics, collaborating with Treasury, Accounting, and business leaders to deliver actionable insights that support pricing, capital allocation, and strategic decision-making.

Responsibilities

• Oversee and improve profitability methodologies (capital allocation, cost allocation, revenue attribution, FTP) ensuring consistency, transparency, and documentation
• Produce management financials and segment reports
• 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

Requirements

• Bachelor’s in Finance, Accounting, Economics, or related
• 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

• MBA/CMA/CPA
• SQL and BI tools (Power BI, Tableau)
• ALM/FTP systems (QRM, Empyrean, Moody’s)
• Regional bank experience

Benefits

At Associated Bank, you'll have the opportunity to make a meaningful impact while collaborating with talented colleagues across the organization. We foster a culture of continuous learning, leadership development, and career growth, empowering employees to bring new ideas and drive results. Join a team where your expertise will help shape business decisions and contribute to long-term success.

Pay

$78,680.00 - $134,880.00 per year