Bank ALM/Planning Director - To 155K - Boca Raton, FL - Job 3457

As a Bank ALM/Planning Director at Symicor Group, you'll be responsible for directing all financial activities, including reporting, planning, and investment supervision, ensuring that the organization meets its growth objectives. Additionally, you'll support the executive team in budgeting and forecasting, prepare annual tax returns, and oversee the provision of accurate financial information required for tax completion.

To excel as a Bank ALM/Planning Director with Symicor Group, candidates need a Bachelor’s degree in Finance or Accounting, with a Master's degree preferred. A CPA designation is also highly desirable. You should have extensive experience working in a bank with at least $1 billion in assets and possess at least seven years of related experience or training.

Success as a Bank ALM/Planning Director at Symicor Group requires excellent attention to detail, strong communication skills, and the ability to work well under pressure. Proficiency in PC software, particularly Excel and Access, is crucial, as is the ability to analyze financial details to identify improvement areas and development opportunities.

The Bank ALM/Planning Director role encompasses a variety of financial management tasks such as supervising financial reporting, budgeting, conducting audits, ensuring compliance with regulations, and developing internal control policies. You'll also lead training initiatives in budgeting and financial management, making this position vital for the bank's operational success.

The Bank ALM/Planning Director position with Symicor Group is not a remote opportunity. The role requires a physical presence in Boca Raton, FL, ensuring direct involvement in organizational functions and financial leadership.

In prioritizing financial planning tasks, I focus on aligning immediate financial needs with long-term growth strategies. I assess deadlines, regulatory requirements, and key performance metrics to effectively schedule tasks and communicate priorities to my team.

Certainly! My experience with asset/liability modeling involves analyzing the bank's balance sheet to assess risk and manage interest rate exposure. I utilize advanced forecasting techniques to inform investment decisions, ensuring that the bank's portfolio remains well-positioned for future profitability.

To ensure compliance, I maintain up-to-date knowledge of federal and state regulations impacting our financial practices. I regularly conduct audits, staff training on compliance protocols, and implement internal control systems to proactively address any issues before they arise.

I believe in creating an inclusive environment where each team member feels valued. I set clear expectations and provide ongoing feedback, coupled with opportunities for professional development to enhance their skill sets. Recognizing their contributions fosters motivation and drives team success.

One significant challenge I faced involved reconciling discrepancies in financial statements amid tight deadlines. By collaboratively engaging my team to streamline the auditing process and perform root-cause analysis, we identified the inconsistencies and implemented corrective measures, which not only resolved the issue but also improved our reporting accuracy.

Under pressure, I rely on data-driven analysis to guide my budgeting and forecasting decisions. I prioritize key variables and utilize stress-testing approaches to evaluate potential scenarios, ensuring that we prepare adequately while remaining flexible to adapt as needed.

As a Bank ALM/Planning Director participating in the ALCO committee, I would provide insights based on financial analysis related to risk management, interest rate exposure, and investment strategies. My focus would be to ensure that our asset-liability decisions align with the bank’s overall financial health and strategic objectives.

I utilize a combination of quantitative and qualitative analyses to scrutinize financial details. By comparing historical performance with current trends and industry benchmarks, I can pinpoint areas of opportunity and recommend actionable strategies to enhance financial performance.

When developing internal control policies, I prioritize risk assessment to identify vulnerabilities. I involve key stakeholders in the crafting process, ensuring that policies are practical and enforceable. Regular evaluations and updates keep these controls relevant and effective in safeguarding financial integrity.

Being an effective communicator involves clarity, active listening, and empathy. I ensure that complex financial concepts are conveyed simply to diverse audiences, fostering a collaborative atmosphere where feedback is welcomed. This approach not only enhances understanding but also builds strong relationships across the organization.