Financial Analyst

Role

Under direct supervision of the Sr. Financial Analyst, the Financial Analyst will analyze financial information and prepare financial reports, support analysis and construction of financial metrics, the budget and financial forecast processes, and assist the senior analyst with asset liability management and profitability.

Major Duties and Responsibilities

Assist the Senior Financial Analyst with monthly update of the Asset Liability Management (ALM) model, including reconciling balances from the general ledger, revising rate changes on various loan and deposit products, gathering and formatting data files from the core system (Symitar) and managing the successful import of loan and deposit products into the ALM model.

Produces Asset Liability Committee Reports (ALCO) reports.

Assists Senior Financial Analyst in maintaining and producing profitability model analysis including: monthly update process, developing and modifying allocation rules for accurate department measurements, quarterly profitability reporting and maintaining supportive spreadsheet files.

Maintain a detailed instruction guide to document procedures for processes in the department.

Assists with annual budgeting process, with ongoing report development.

Assists with providing financial analysis of credit union operations on a requested case by case basis. This includes researching and interpreting data, recommendations, and monitoring of assignments.

Develop the skills to provide backup for secondary mortgage operations, which includes pricing, pipeline, analysis and procurement of mortgage sales to approved secondary market conduits.

Develop the skills to provide backup for Business Intelligence Analyst including running analysis and reports in the Customer Information System.

Remains active in credit union training programs. Complete the position’s present curriculum as outlined by completing the following – credit union annual required compliance training and the supplemental courses listed within the prescribed time. Follows policy and procedure daily to ensure compliant with current regulations.

Completes all other tasks, assignments or functions as assigned and/or required.

Job Requirements

Strict attention to detail and thoroughness in the completion of job duties.

Use of critical thinking, logic, and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

Thorough analysis of information and use of logic to address complexity of data and information.

Use of computers for various applications, such as database management and word processing.

Developing constructive and cooperative relationships with others.

Monitoring and assessing the performance of you, others, and the organization to make improvements or take corrective action.

Honesty, integrity, and ethical behavior.

Willingness to take on responsibility and challenges.

Knowledge and Skills

Experience

1-2 years’ experience in analytics, banking or investments. Strong Excel knowledge. Basic knowledge of investments, including fixed income securities, investment markets, and mortgage products and operations.

Education/Certifications/Licenses

A Bachelor’s degree with a concentration in Finance, Mathematics, or a closely related field.

Other Skills

Fundamental knowledge of accounting, finance, and economic principles. Excellent oral and written communication skills. Excellent computer skills in a Microsoft Windows environment including proficiency in Word and Excel. High reasoning skills including the ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to understand new information and apply it to current and future job functions, problem solving, and decision making. Ability to calculate figures and amounts such as discounts, interest, commissions, and percentages.

ADA Requirements

Physical Requirements

Is able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in an emergency situation. Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable and timely attendance.

Working Conditions

Must be able to routinely perform work indoors in climate-controlled private office with minimal noise.

Mental and/or Emotional Requirements

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to complete basic mathematical calculations, spell accurately, and understand computer basics. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.