Job Description

Webster Bank Job Opportunity

If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

Key Responsibilities

• Design, implement, and maintain FTP frameworks and methodologies to ensure appropriate allocation of funding costs and revenues across business units.
• Collaborate with Treasury to refine FTP models that align with the organization's business strategies.
• Monitor and manage FTP pricing mechanisms, ensuring they are consistent with regulatory requirements and market conditions.
• Produce regular reports and analytics on FTP performance, providing insights to senior management and business leaders.
• Support internal stakeholders with any related inquiries or requirements.

• Oversee the implementation, integration, and enhancement of finance systems.
• Collaborate with the finance team to implement enhancements, optimizations, and new features.
• Monitor system performance and identify improvements to increase system reliability and efficiency.
• Provide end-user training and support on finance systems.
• Support the preparation and testing of finance system upgrades and enhancements.
• Create and maintain documentation for system configurations, processes, and best practices to ensure consistency and knowledge transfer within the team

• Implement automation strategies to streamline manual processes, reduce errors, and improve overall efficiency
• Leverage system capabilities to improve financial data accuracy, streamline workflows, and enhance financial decision-making.
• Develop and maintain automated reports and dashboards for ongoing monitoring of FTP results.
• Analyze financial and operational data to identify trends, anomalies, or areas of improvement in the FTP process.

Qualifications & Experience

Education:

• Bachelor's degree in Finance, Accounting, Economics, or related field.

Experience:

• Minimum of 8 years of experience in funds transfer pricing, financial systems, or a similar financial services role.
• Proven experience in designing, implementing, and managing FTP methodologies in a financial institution.
• Experience with system administration, configuration, and maintenance of finance systems, specifically Oracle EPM, ERP, or other financial planning and reporting tools.
• Experience with financial data analytics and reporting tools (e.g., Power BI, Excel, etc).

Skills:

• Strong analytical, problem-solving, and quantitative skills.
• Ability to work with cross-functional teams and communicate complex technical concepts to non-technical stakeholders.
• Proficiency in finance systems, data management, and reporting tools.
• Excellent communication, presentation, and interpersonal skills.
• Strong attention to detail with the ability to manage multiple projects and deadlines.

Desired Attributes:

• A proactive and innovative mindset, with the ability to drive continuous improvement in systems and processes.
• Strong understanding of data integration, and data modeling within financial systems
• Ability to manage large datasets and derive actionable insights for decision-making.
• Comfortable working in a fast-paced, dynamic environment with shifting priorities.

The estimated base salary range for this position is $140,000 USD to $157,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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