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Senior Manager Business Partnering AMP Bank

Employer
AMP
Location
Sydney, Australia
Salary
Competitive
Closing date
Nov 24, 2024
View more categoriesView less categories
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Job Description

If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.

For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into something even more positive and powerful for the future.

Help people create their tomorrow, while you create yours

We help people with their banking, super, retirement and finances. Through upturns, downturns, recessions, and major life transitions. Every day, we help people see and make more of their financial potential, so that they can create their tomorrow. And we've been doing it for over 170 years.

If we do our job well, we genuinely add to the prosperity of our country and its people.

The Senior Manager, Business Partnering, AMP Bank is responsible for providing quality and timely reporting on the Bank's financial performance including analysis and insights on Net Interest Margin, product margins, cost-of-funds (COF), cost base, and will be responsible for financial modelling and the development of the Bank's Strat Plan / Forecast

How will you make an impact
  • Provide insights and timely financial reporting for the Bank - Daily Net Interest Margin (NIM), product margins, monthly financial analysis on revenues, costs and Return On Capital (ROC) to drive business performance
  • Develop the Bank's annual strategic plan and quarterly forecasts, including integrated Balance Sheet.
  • Monitor KPIs and explain variances in AMP Bank's financial position.
  • Conduct financial modelling: daily NIM, NIM forecasting, margin modelling, and support ad-hoc analysis.
  • Collaborate with cost centre managers for realistic budgets and accurate forecasts; analyse monthly cost variances.
  • Provide Finance sign-off on Product & Pricing Committee (PPC) recommendations, validate COF assumptions, and deliver weekly COF reports.
  • Evaluate financial implications of strategic transactions, offer commercial and financial advice, on business decisions, including margin monitoring, identifying performance enhancement opportunities and drive business process improvements.

What you will bring to the role
  • Ideally at least 5 years relevant experience in Banking including a senior finance leadership position preferably within a Bank
  • Relevant accounting, commerce or finance degree qualifications - CA / CPA or equivalent
  • Experience in management reporting in a Bank with experience in analysis and commentary for senior management
  • Experience in financial modelling and business projections
  • Experience in preparing annual budgets and negotiating with business to achieve set target
  • Knowledge of Treasury including IRS and funding
  • Outstanding people leadership skills with the ability to build and lead a high-performance team
  • System skills - Advanced modelling and excel skills, with working knowledge of PeopleSoft

We are looking for a candidate with an extensive finance background and a proven track record of driving results through excellent analytical skills. The ideal candidate will have a solid understanding of banking and business drivers, including margins, profitability levers, and the cost of funding. They should add commercial value by analysing complex information from various sources and providing informed perspective

The successful candidate will have experience managing multiple senior stakeholders, demonstrating the ability to influence outcomes without direct authority. Excellent written and verbal communication skills are essential, as is the ability to manage multiple competing priorities effectively.

If you would like to obtain a detailed Job Description please call Milica Radomir on 02 9257 5036

Why we think you'll love working at AMP

Doing what we've always done is not an option, so your clever ideas will get airtime here. You'll be encouraged to speak up and try new things. If they don't work, we move on - better for it.

We know there's no one way of doing things. So, you won't have to sacrifice who you are or how you work to fit in here. We're inclusive and flexible in many of the ways you'd expect. And in some of the ways you wouldn't. As long as your health and wellbeing come first - at home and at work.

In fact, most of what makes AMP such a welcoming, enjoyable place to work are our people. Wherever you go, you'll find moments to connect, feel valued and do meaningful work.

Whether it's through our first-class leaders who are invested in you and your success. Through year-round opportunities to volunteer, fundraise and give back to the community. Or in the everyday challenges you face as we work together to strengthen this great organisation. Challenges that will stretch you, amplify your potential and compound the impact you have.

We believe in the power of inclusion and diversity

We're dedicated to fostering inclusion, diversity, and a warm feeling of belonging at AMP. It sparks creativity, ignites innovation, and turns up the dial on the quality of our decisions and performance. This not only makes our workplace more engaged, but also leads to better connections with our customers.

We're your allies in the search for the perfect fit - when you apply, let us know how we can support you to put your best self forward during our selection process.

We're also committed to enhancing employment opportunities for Aboriginal and Torres Strait Islander people, so we enthusiastically encourage candidates from these backgrounds to apply and explore our Reconciliation Plan on our website.

Ready to create your tomorrow?

If you're someone who sees opportunity where others see challenge, come and work with us in smart, progressive ways as we transform an iconic Australian brand for the future. And, through a series of career-defining moments, create your own tomorrow.

Don't procrastinate! We review applications when we get them, and if we discover the ideal candidate, we may close the role earlier than the advertised close date.

Looking forward to meeting you.

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