Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the “Best Banks to Work For” and as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets., We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a “local” business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

We are currently seeking a Financial Analysis Manager to lead the Profitability Analytics team within the Financial Planning and Analysis (FP&A) department.

The FP&A division is focused on developing talent that will enable our organization’s long-term success by improving balance sheet returns, growing fee income, controlling expenses, and gaining efficiencies through process improvement and automation. FP&A works with the brightest minds in the organization who foster a culture of continuous learning and growth, there is executive and board-level visibility and support for our work, and our efforts translate directly into highly visible, enterprise-wide initiatives. We are laser focused on creating value and are seeking like-minded professionals to join our team.

The Financial Analysis Manager will be responsible for maintaining and enhancing multiple financial models that enable the bank to analyze profitability – by account, customer, product, segment and more – to help inform strategic decisions and drive results. The primary two models are funds transfer pricing (FTP) and expense allocation.

Funds transfer pricing calculates the funding cost of assets and the funding benefit of liabilities on the bank’s balance sheet, effectively transferring interest rate risk management to units and officers of the bank. The calculation of FTP uses both Empyrean ALM and SQL. The manager is responsible for performing this process monthly, as well as evaluating and implementing potential model changes to more accurately account for risk and encourage desired behavior.

Expense allocation is a model that allocates the bank’s noninterest expense to the banking units and products that it supports, allowing for a clearer picture of relative efficiency across the bank. The manager is responsible for enhancing this SQL-based model to more precisely direct allocated expense flows; this requires a deep understanding of the structure, operations and products of the bank. Effective visualization of this process for end users is also essential.

The candidate will be responsible for preparing and presenting materials to the FTP Committee, an executive-level committee charged with the governance of interest rate risk management via funds transfer pricing. In addition to committee responsibilities, the candidate will communicate daily with employees at all levels, from bank officers to executive management, and must be able to tailor responses on complex financial concepts to audiences with varying degrees of understanding and different perspectives.

The candidate will be responsible for managing and developing a team of three Financial Analysts, empowering them to take ownership of key production processes.

Requirements:

• Experience using SQL to query and manipulate large data sets

• Specific knowledge of relational databases and general knowledge of data warehouse processes

• Intermediate or higher-level knowledge of banking products and financial statements

• Experience with complex financial models and concepts

• Excellent verbal and written communication skills

• Ability to communicate effectively to a large variety of audiences, from finance to data engineers

• Ability to find creative solutions to previously unsolved data and reporting problems

• A desire and an ability to find ways to continually improve processes and drive efficiency

• Ability to contend with competing demands and occasionally changing requirements

• Experience with process documentation, data validation and testing, and technical writing

• Experience using Power BI or similar data visualization tools to build meaningful, complex reporting with optimized data models is a plus

• Familiarity with Microsoft Power Apps or other low-code automation tools is a plus

• Familiarity with Oracle EPM or other financial planning software is a plus

• Experience managing employees is a plus

Qualifications:

• 6-8+ years of related work experience

• Bachelor’s degree in a quantitative discipline (computer science, statistics, finance, etc.) is required

• Master’s degree in a quantitative discipline may substitute for experience

Located in the heart of downtown Salt Lake City, the Zions Bank Building serves as the headquarters of both Zions Bancorporation and Zions Bank. The building sits adjacent to City Creek Center, a world-class shopping and dining destination with more than 100 stores and restaurants. The Zions Bank Building stands tall among Salt Lake City’s central business district, providing hundreds of team members with an exceptional work environment and features such as:

• Easy access to the City Creek UTA TRAX station, as well as various electric vehicle charging stations in most City Creek area garages;

• An employee-only fitness center and bike storage;

• An employee lounge, kitchen, micro market, game tables, couches and TVs;

• Private mothers’ rooms and lockers; and

• Access to downtown shopping, dining, arts and entertainment.

Req ID: 066804

Equal Opportunity Employer

It is the policy of this corporation to provide equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, veteran status, sexual orientation, gender identity and expression or any other characteristic protected by applicable law. This policy is established and administered in accordance with all applicable federal, state, and local laws.

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