Forecasting and Planning Analyst

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

This is a full-time, hybrid career opportunity based out of our Corporate Headquarters location in Lancaster, PA or our Century Boulevard location in Wyomissing, PA.

 

The Forecasting and Planning Analyst is primarily responsible for modeling accurate forecasts based on business assumptions and strategies. The incumbent in this role will collaborate with different teams to derive the assumptions to be modeled and ensure the reliability of the forecast, and will analyze complex data sets to identify key drivers of growth and the impact of market changes on future earnings. Additionally, the incumbent will monitor model accuracy, identify discrepancies, and implement improvements to enhance the forecast.

• Gather insights and refine forecast assumptions through collaboration with Treasury, Accounting and Lines of Business. Regularly review assumptions to ensure they are realistic and aligned with business strategies and market expectations.
• Maintain monthly forecast model updates including input of new volume assumptions, changes in rate curves, spread adjustments and updates on pricing changes.
• Contribute to the development and maintenance of the Forecast/ALM model structure and design to ensure the models accurately represent the company’s financial situation, objectives and risk exposures
• Ensure the accuracy and integrity of data used in the forecast models and reports, and promptly address any discrepancies or issues to maintain the reliability of both the forecast models and final reports.
• Assist in the development, documentation and maintenance of the forecast model policies and procedures to ensure controls and accuracy.
• Participate in monthly review/analysis of forecast results with key stakeholders to identify assumption impacts to the balance sheet and earnings.
• Produce and analyze monthly forecasts to actual variance reporting to determine discrepancies or trends that could indicate issues with assumptions affecting performance.
• Prepare monthly Forecast reports to include a summary of the latest forecasting results and key assumptions to be presented to the Asset Liability Committee (ALCO).
• Support Forecasting/Asset Liability Management (ALM) ad-hoc analyses as requested.
• Assist with the implementation of system enhancements that can improve forecasting processes.

 

Education

Bachelor's Degree or the equivalent experience. Specialty: Finance, Economics, Mathematics, or other related fields. (Required)

Experience

3 or more years financial forecasting or ALM modeling experience. (Required)

3 or more years banking or financial services experience. (Preferred)

Knowledge, Skills, and Abilities

• Knowledge of banking balance sheet, income statement and capital (Preferred)
• Advanced Excel skills (Required)
• Strong interpersonal skills with the ability to work effectively in cross-functional relationships (Required)
• Strong analytical, financial modeling and technical skills (Required)
• Ability to work independently and make decisions in line with the Bank’s vision and strategy (Required)
• Quality and attention to detail: ability to work with large data sets and identify trends and patterns (Required)
• Excellent problem-solving skills (Required)

 

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

 

The salary range for this position is $68,900.00 - $114,800.00 annually.

Additional Compensation Components

 

This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.