Financial planning analyst

As a Financial Planning Analyst at East West Bank, your responsibilities will include supporting the creation of regulatory materials for the bank’s FDIC Resolution Plan, conducting financial analysis, and coordinating with departments such as Treasury, Legal, and Operations to gather necessary data. You'll also assist in project reporting and maintaining bank data in Teams or Virtual Data Rooms.

To qualify for the Financial Planning Analyst role at East West Bank, you need a Bachelor’s degree in a related or quantitative field like Finance or Economics. Strong financial, analytical, and problem-solving skills are essential, along with proficiency in Microsoft Office. Progress toward CFA certification is a plus and will enhance your candidacy.

Key skills for success as a Financial Planning Analyst at East West Bank include strong financial and analytical abilities, attention to detail, and proficiency in data analysis and accounting principles. An inquisitive mind and a willingness to work flexible hours, including evenings and weekends, are essential components of this role.

The compensation range for a Financial Planning Analyst at East West Bank is between USD $67,000.00 and USD $85,000.00 per year, depending on factors such as your job-related knowledge, skills, experience, and location. This competitive pay reflects the importance of the role within the bank and the value we place on our employees.

At East West Bank, Financial Planning Analysts have ample opportunities for career growth. You can expand your financial expertise while working on diverse projects with various departments. Additionally, pursuing CFA certification can further enhance your career progression and open doors to higher-level positions within our finance team.

When prioritizing tasks for financial projects, I begin by listing all responsibilities and deadlines. I assess the urgency and importance of each task, focusing on those that directly impact project outcomes or regulatory requirements. Regular communication with my team helps ensure alignment and allows for adjustments as needed.

In my previous roles, I have conducted extensive financial analysis by evaluating financial statements, preparing budget forecasts, and assessing variances. My knowledge of accounting principles enables me to draw insights that guide strategic decisions, essential for the Financial Planning Analyst role at East West Bank.

I primarily rely on Microsoft Excel for financial modeling due to its robust features for data analysis and visualization. I create detailed spreadsheets that help simulate different financial scenarios, allowing for better decision-making in the planning process.

To ensure attention to detail in financial reports, I implement a multi-step review process. This includes cross-checking data entries, utilizing formulas to verify calculations, and conducting peer reviews to catch any discrepancies before finalizing documents, a practice that aligns with the standards at East West Bank.

In the Financial Planning Analyst position, I anticipate challenges such as navigating complex regulatory requirements and sourcing accurate data from different departments. However, I view these challenges as opportunities to refine my analytical skills and enhance collaborative strategies to achieve project goals.

To stay updated on financial regulations, I regularly monitor industry news through specialized publications, attend webinars and seminars, and participate in professional forums. This ongoing education is crucial for my role as a Financial Planning Analyst to ensure compliance and informed decision-making.

I thrive in team settings, having collaborated with cross-functional teams on various financial projects. I believe in open communication, sharing ideas, and leveraging each team member's strengths to produce high-quality results, aligning with the collaborative culture at East West Bank.

In a previous position, my analytical skills were pivotal when I identified an error in the financial projections that could have led to significant budgetary issues. By presenting my findings to management with a detailed report, we were able to adjust our strategy proactively, demonstrating the value of accurate analysis in financial planning.

When facing tight deadlines, I prioritize critical tasks and create a structured timeline to guide my workflow. I stay organized and maintain clear communication with my team to ensure we're all on track, which is essential for meeting project goals under pressure.

I am motivated to pursue a career in financial planning because I enjoy using data to inform strategic decisions. The dynamic nature of finance excites me, and I find fulfillment in helping organizations achieve their goals through diligent planning and analysis, making it an ideal fit for my career aspirations.