Head of FP&A for Consumer and Small Business Banking

Regular, full-time position. Fluency in English required. 1st shift (United States of America).

About the role

Senior leadership role responsible for directing and managing all aspects of financial planning and forecasting activities for Consumer & Small Business Banking (CSBB). The leader will provide financial, operating, and business insight to enable strong strategic and financial decision-making by CSBB Leadership. This position partners closely with multiple stakeholders at Truist, including Executive Leadership, Line of Business CFOs & Sr. Financial Directors, Corporate Finance & Performance Management, Corporate Treasury, Corporate Strategy, and Business Execution & Risk Management.

Responsibilities

• Lead and manage the monthly corporate forecasting processes for specified lines of business (LOBs) and Enterprise Functions.
• Review Line of Business and functional inputs to understand trends, risks, and opportunities.
• Refine processes each month to produce accurate and 50/50 forecasts.
• Standardize, digitize, automate, and/or centralize processes to allow Business Unit CFOs/forecasters to focus on higher value-added activities.
• Evaluate and implement alternative forecasting models and tools to supplement or challenge Lines of Businesses and functions.
• Communicate guidance and expectations clearly to end-users/forecasters.
• Actively participate in month-end close efforts in partnership with Corporate Accounting.
• Ensure strong partnership with Corporate Finance and Performance Management and Investor Relations in creating quarterly and annual guidance.
• Develop the annual budget and 3-year strategic plans, as well as longer-term forecasts when needed.
• Conduct ad-hoc scenario analysis incorporating upside/downside economic scenarios and other alternatives.
• Create high-quality financial reporting (standard and ad-hoc) for Executive Leadership to clarify financial performance trajectory, including risks and opportunities.
• Perform variance analysis comparing actual results to plan, recent forecasts, external guidance, and consensus.
• Provide insightful variance explanations to Executive Leadership for performance assessment and strategic decision-making.
• Conduct financial analysis to evaluate BAU activities, organic revenue and/or cost-saving opportunities, M&A activities, and/or investment opportunities.
• Ensure strong performance of financial systems and databases, including automation opportunities, in partnership with Accounting & Reporting, Controllers, and Business Unit CFOs.
• Lead improvements to the planning and forecasting system based on input from key business partners.
• Partner with Enterprise Technology to implement changes and lead training on enhancements.
• Ensure a strong governance framework, including execution and maintenance of key policies, procedures, and controls.
• Lead and build a high-performing team with clear roles, responsibilities, and expectations, fostering continuous improvement and engagement.
• Work across Corporate Finance and Strategy, Line of Business CFOs, Corporate Treasury, Accounting/Reporting/Tax, and other teams to ensure alignment.

Requirements

• Bachelor's degree in Business or Finance, or equivalent education and related training.
• 10+ years of experience in financial analysis, corporate finance; good understanding of the banking industry.
• Intellectually curious and a critical thinker—seeks to understand the "why," listens well, and asks insightful questions.
• Exceptional analytical skills, coupled with strong data visualization skills to communicate recommendations effectively.
• Strong organizational skills and ability to multi-task; commitment to detail, excellence, and quality.
• 10+ years of financial institution/bank experience.
• Vision and drive to evaluate processes and reporting for efficiency, effectiveness, and continuous improvement.
• Ability to be flexible and adaptive in a fast-paced and dynamic work environment.
• Strong interpersonal and communication (verbal and written) skills.
• Proficiency in basic computer applications, including Microsoft Office software products.

Preferred Qualifications

• Thorough knowledge of the banking and financial services industry, including technical aspects of regulated financial institutions (e.g., net interest income/margin, interest rates, balance sheet management, capital, liquidity).
• Knowledge of financial industry business practices and banking corporate finance practices.
• Strong understanding and knowledge of financial systems, such as SAP BPC or Oracle Hyperion.
• Mastery of financial tools, practices, concepts, and systems used by Truist.
• Strong process management and process controls experience.
• CPA, CFA, and/or similar accreditation is a plus.

Benefits

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits. Eligibility for specific benefits may vary by division.

• Medical, dental, and vision insurance.
• Life insurance, disability, and accidental death and dismemberment coverage.
• Tax-preferred savings accounts and a 401k plan.
• No less than 10 days of vacation (prorated based on date of hire and full-time/part-time status) during the first year of employment, along with 10 sick days and paid holidays.
• Depending on the position and division, eligibility may extend to Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.