Senior FP&A Analyst – Banking

Location: Noida | Experience: 5–15 Years  | Salary: Up to ₹17 LP

JOB DESCRIPTION
We are hiring a Senior FP&A Analyst – Banking to lead financial planning, budgeting, forecasting, and stress testing for our Banking & Financial Services domain in Noida. This role is ideal for a qualified finance professional (CA/Master's) with advanced FP&A expertise, strong financial modeling skills, and experience with regulatory stress testing frameworks (ICAAP/ILAAP).


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EDUCATION
Minimum 15 years of regular, full-time education (10 + 2 + 3) — required


Chartered Accountant or Master's degree in Accounting, Finance, Economics, or related field — required


CERTIFICATIONS (PREFERABLE)
Financial Risk Management (FRM®) certification


IFRS 9


DOMAIN
Banking & Finance and Accounting


MUST HAVE SKILLS
Financial Modeling


Budgeting & Forecasting


Variance Analysis


Strong Accounting Knowledge


Data Analysis & Interpretation


Advanced FP&A expertise (Banking preferred)


Strong understanding of Balance Sheet & Capital metrics


Financial modeling (driver-based, scenario modeling)


Knowledge of stress testing frameworks (BoE scenarios preferred)


Advanced Excel + planning tools (Anaplan, SAP BPC, Hyperion)

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GOOD TO HAVE
Scenario planning / What-if analysis


Long-range planning & capital allocation


SQL / Data extraction skills


Power BI / Tableau / Dashboarding tools


TOOLS / SYSTEMS
Planning tools: Anaplan / BPC / Hyperion / FCSS / Oracle Fusion


Excel (advanced modeling)


BI tools: Power BI / Tableau


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RISKS & CONTROLS
Risk Control

Model inaccuracies Model validation & reconciliation

Data inconsistency Cross-functional alignment checks

Regulatory non-compliance ICAAP/ILAAP validation reviews

JOB RESPONSIBILITIES

A. Planning & Budgeting


Manage driver-based budgeting models


Consolidate and validate P&L, Balance Sheet, and key ratios


Support business units in preparing planning submissions and review packs


Execute cost allocation models, maintain allocation drivers


B. Variance Analysis


Actual vs Budget / Forecast analysis


MoM and YoY movement analysis


Cost center-level variance breakdowns


Volume / rate / mix analysis


C. Forecasting


Prepare monthly rolling forecasts


Update outlook based on performance, macro factors, and business inputs


Maintain driver-based and scenario-integrated forecasting models


D. Scenario Analysis & Stress Testing


Perform sensitivity and what-if analysis (e.g., NIM, impairments, costs)


Support regulatory exercises (ICAAP / ILAAP / stress scenarios)


Quantify capital and liquidity impacts


Prepare governance & committee packs


E. Governance & Reporting


Produce segment/customer profitability reports


Draft variance commentary (templated/automated)


Highlight key drivers and anomalies


Prepare Board / ExCo packs


Identify risks and opportunities in financial plans


Validate data integrity and consistency across models


WHY JOIN US?
Salary up to ₹17 LPA


Prime Noida location


Senior leadership role in Banking FP&A


Exposure to regulatory stress testing, ICAAP/ILAAP, and Board reporting


Career growth in financial planning and analysis


Dynamic and supportive team environment