At a Glance
- Tasks: Support Wealth Management with insightful analysis and strategic financial planning.
- Company: Join a dynamic finance team in a leading Wealth Management firm.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Fast-paced environment with opportunities for growth and continuous improvement.
- Why this job: Gain valuable insights into Wealth Management while driving impactful financial decisions.
- Qualifications: Professional accounting qualification and strong analytical skills required.
The predicted salary is between 55000 - 65000 £ per year.
We are seeking a highly motivated FP&A analyst to join our finance team. This role will support the Wealth Management FP&A Team, providing essential insights and analyses that drive decision-making and strategic financial planning. The ideal candidate will have proven experience in management accounting, strong analytical skills, and a proactive approach to both financial reporting and business partnership.
The Wealth Management FP&A Team is responsible for the provision of insightful analysis, robust forecasting, and clear performance narratives to enable informed decision making for senior stakeholders across Wealth Management. To meet these requirements, the team produces monthly, quarterly and ad-hoc reporting, as well as involvement in the Group-wide forecasting and budget process.
What you'll do
This is an important role providing an excellent opportunity for a motivated individual to gain an understanding of the Wealth Management business through exposure to reporting, analysis and senior management. The financial analyst will play a critical role in the success of the Wealth Management FP&A team by collaborating closely with various stakeholders to produce accurate, timely and useful cost insight, taking ownership of analysis end to end, proactively identifying issues, and confidently explaining financial drivers and outcomes, while ensuring compliance with financial policies, process, and regulations.
Responsibilities
- Reporting: Prepare insightful variance analysis for performance reporting, focusing on explaining the underlying drivers and root causes, not just the outcomes. Work with the business to develop and update cost allocation drivers and provide analysis on any material changes to budget assumptions. Produce standardised reporting on a monthly and quarterly cadence to support finance business partners and senior stakeholders.
- Budgeting & Forecasting: Support the business stakeholders and finance business partners in the development and system updating of annual budgets and quarterly cost re-forecasts.
- Performance Analysis: Track actuals vs targets for our key reporting metrics, including identifying trends, risks, and opportunities and use data to explain the 'why' behind performance movements through structured root cause analysis. Understanding and analysis of Steel management allocations into Wealth, liaising with Group FP&A and business stakeholders to challenge drivers and recharges.
- Process Improvement: Deliver accurate and timely finance process (budget and forecast system updating and reconciliations, allocation updates and reconciliation, and ensure finance systems remain aligned to business structures and changes) while also identifying opportunities supporting simplification and continuous improvement.
- Ad hoc Analysis: Provide support for ad hoc financial analysis and projects as required across the Wealth Management FP&A Team.
Qualifications
- Qualified with a professional accounting qualification (e.g., ACA, ACCA, CIMA or equivalent).
- Demonstrable experience in a similar role within Financial Services, ideally within Wealth Management.
- Strong analytical skills with a proven ability to interpret complex financial information.
- Excellent communication skills, both written and verbal, with the ability to articulate financial concepts to non-financial stakeholders.
- Proficiency in financial software and advanced Excel skills, with experience in Hyperion Financial Management and Hyperion Planning being desirable.
- Strong organisational skills and the ability to manage multiple priorities in a fast-paced environment.
- Proactive and detail-oriented, with a strong commitment to producing high-quality work.
- Strong problem-solving skills, focused on delivering practical solutions.
- Trustworthy and capable of maintaining confidentiality with sensitive financial information.
- Proactive team player with excellent interpersonal skills and able to establish and maintain effective, cooperative working relationships.
- Highly energetic, curious, and self-motivated, demonstrating an ability to self-solve and seek to be a good example in terms of the 'what' and the 'how'.
EEO Statement: You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
Location: 1 London Wall Place, London, EC2Y 5AU, GB
Schedule: Full time
Wealth FP&A Analyst employer: Schroders
Join a dynamic finance team at our London office, where we prioritise employee growth and development in a collaborative and inclusive work culture. As a Wealth FP&A Analyst, you'll gain invaluable insights into the Wealth Management sector while enjoying competitive benefits and opportunities for professional advancement in a fast-paced environment. Our commitment to diversity and excellence ensures that every team member is valued and empowered to contribute meaningfully to our success.
StudySmarter Expert Advice🤫
We think this is how you could land Wealth FP&A Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Schroders. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Wealth FP&A Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Schroders.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Schroders's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Schroders
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Schroders.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Schroders will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Schroders employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
