Financial Analyst

Overview

This Financial Analyst supports the Finance Department through recurring financial reporting, budgeting and forecasting, profitability analysis, financial modeling, liquidity management, asset/liability management (ALM), interest rate risk (IRR) analysis, pricing analysis, and other analytical initiatives.

Working under the direction of the VP of Finance and in partnership with the Strategic Finance Manager, the role prepares reports, analyzes financial and operational data, develops financial models, supports forecasting activities, and assists enterprise decision-making through accurate and timely analysis. Responsibilities include management reporting, ALCO reporting, Board reporting, budgeting, profitability analysis, liquidity management, capital planning, enterprise risk reporting, and other Finance Department support.

Responsibilities

• Collaborate across business lines and communicate effectively with internal and external stakeholders.
• Assist in preparing timely and accurate financial reports for management, committees, and the Board of Directors.
• Help prepare monthly financial reporting packages, ALCO materials, pricing analyses, investment reporting, profitability reporting, and other recurring Finance deliverables.
• Perform income and expense variance analysis and assist with earnings, balance sheet, capital, and liquidity forecasting.
• Support product, channel, portfolio, and organizational profitability reporting and analysis.
• Support pricing analysis and recommendation development for deposit, lending, and fee-based products.
• Assist with business case development, ROI analysis, financial feasibility studies, and scenario modeling for products, projects, and strategic initiatives.
• Support liquidity management through daily, monthly, and quarterly cash flow forecasting and monitoring.
• Assist with ALM and IRR modeling, including data preparation, validation, assumption maintenance, documentation, and results analysis.
• Support investment accounting, investment reporting, collateral maintenance, and related reconciliations.
• Assist with the annual budgeting process, ongoing financial forecasting, and budget reporting.
• Develop and maintain financial models, reports, dashboards, and analytical tools used to support decision making.
• Validate source data, investigate variances and anomalies, and maintain appropriate documentation supporting Finance processes and analyses.
• Assist with enterprise risk reporting, CECL monitoring, audit support, regulatory examinations, policy reviews, and other compliance-related activities.
• Cross-train across Finance Department responsibilities and provide backup support for recurring functions.
• Acquire and apply knowledge of the organization, its products, systems, and processes to resolve issues and deliver high-quality work product.
• Perform other job-related duties as assigned.

Requirements

Minimum Education and Experience

• Bachelor’s degree in Finance, Accounting, Economics, Business Analytics, or a related field
• One (1) to three (3) years of experience in financial analysis, accounting, auditing, banking, credit unions, or a comparable analytical role
• Or an equivalent combination of education and experience

Knowledge, Skills, and Abilities

• Advanced proficiency in Microsoft Excel and strong working knowledge of Microsoft Office applications.
• Knowledge of financial analysis, accounting principles, and Generally Accepted Accounting Principles (GAAP).
• Ability to analyze large datasets, identify patterns, trends, and anomalies, and communicate findings clearly.
• Ability to build, maintain, validate, and document financial models used for forecasting, budgeting, profitability analysis, liquidity management, and strategic decision support.
• Ability to develop reports, dashboards, and recurring analytical processes.
• Strong analytical, critical thinking, problem-solving, and organizational skills.
• Professional written, verbal, and interpersonal communication skills.
• Ability to manage multiple priorities, meet deadlines, and work independently with minimal supervision.

Licenses, Training, and Certifications Required

• None.

Preferred Qualifications

• Experience in a credit union, bank, or other financial institution.
• Experience with budgeting, forecasting, profitability analysis, pricing analysis, financial modeling, or business case development.
• Experience with Power BI, SQL, data visualization tools, or similar analytical platforms.
• Experience with Empyrean, Symitar, Jack Henry, Great Plains, Visible Equity, Acumatica, or related financial reporting systems.
• Experience with ALM modeling applications.
• Experience supporting investment accounting, investment reporting, collateral reporting, or fixed-income portfolio analytics.
• Experience preparing analysis, reports, or presentation materials for management committees, executive leadership, or Boards of Directors.

Compensation & Benefits

• Salary: $86,100.00

Location

Hybrid work environment.

Hybrid Work Environment and Physical Demands

• Occasionally required to reach with hands and arms.
• Regularly required to stand or sit; use hands to finger keys accurately when using calculator machines or computer keyboards.
• Must occasionally lift and/or move up to 50 pounds.
• Specific vision abilities required: close vision, distant vision, and peripheral vision.
• Noise level in the work environment is quiet.
• Must be able to travel independently to department and branch locations.
• Employees who work from home must have business operational internet to complete work tasks and communicate via video call or chat messaging systems in a dedicated workspace.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the role.