Associate, Financial Planning & Analysis

As an Associate in Financial Planning & Analysis at BNY, you will focus on centralized reporting requirements for our Operations and Corporate Staff organizations, participate in the budget planning process, and conduct regular forecast updates. Your role includes analyzing financial performance, comparing forecasted expenses against actual results, and providing variance commentary for detailed and executive reports.

To excel as an Associate in Financial Planning & Analysis at BNY, you will need a Bachelor's degree in finance, accounting, or business, or an equivalent combination of education and experience. The ideal candidate should have 1-3 years of total work experience and at least 1-2 years of relevant Financial Planning & Analysis exposure.

As an Associate in Financial Planning & Analysis at BNY, you can expect a hybrid work environment in Pittsburgh, PA, that values diversity, innovation, and collaboration. Our culture emphasizes teamwork and includes recognition as a top employer for inclusivity and innovation, allowing you to thrive both personally and professionally.

At BNY, Associates in Financial Planning & Analysis will have access to guidance from experienced team members, mentorship opportunities, and a wealth of resources designed to enhance your professional growth. Though you will focus on your responsibilities, team support is integral, ensuring all members can succeed together.

BNY prioritizes your personal and professional growth as an Associate in Financial Planning & Analysis through competitive compensation, comprehensive benefits, and supportive work culture. With access to flexible resources and development programs, you will be encouraged to foster resilience, focus on health, and reach your financial goals while contributing to team successes.

In answering this question, highlight your specific experiences related to financial forecasting and planning. Discuss any methodologies you've used, your role during the budget planning process, and how your contributions have impacted financial outcomes.

To effectively answer this question, emphasize your time management skills and provide examples of how you've prioritized tasks. Mention any tools or techniques you use to stay organized and ensure that high-quality work is delivered on time.

Mention the financial software and tools you have experience with, such as Excel, SAP, or Hyperion. Highlight how these tools have facilitated your work in financial analysis or forecasting by sharing specific examples of how you’ve utilized them.

In your response, showcase a specific instance where your analytical skills or insights led to a notable improvement in financial processes. Illustrate how your recommendations were implemented and the positive outcomes that followed.

Demonstrate your attention to detail and systematic approach. Explain the steps you take to verify data accuracy, from initial collection to the final reporting stage. Discuss any checks or balances you have in place.

This is a great opportunity to showcase your communication skills. Share a situation where you simplified complex information and ensured understanding from a non-financial background audience, focusing on your approach and the results.

Express your genuine passion by identifying an area of financial analysis that excites you, such as predictive analysis, budgeting, or reporting. Share why it interests you and how you keep up with industry trends in that area.

Discuss your methodology for performing variance analysis, including how you identify discrepancies between budgeted and actual figures. Clarify the steps you take to research causes and formulate actionable insights based on your findings.

As an Associate, it’s vital to convey your willingness to mentor. Share strategies or activities you would implement to help less experienced team members enhance their analysis skills, emphasizing collaboration and shared learning experiences.

Identify key skills required for success in this role such as analytical thinking, attention to detail, communication, and proficiency with financial tools. Describe how these skills have contributed to your past successes and how you plan to utilize them at BNY.