Finance Profitability Manager FP&A

About the Role

At Associated Bank, 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 field (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, or 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.
• 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, and military benefits.
• Personal banking, loan, investment, and insurance benefits.

Pay

$78,680.00 - $134,880.00 per year.