Financial Analyst II

Overview

Position: Financial Analyst II
Status: Exempt
Reports to: Director - Finance
Department: Finance
Job Code: 4310
Pay Range: $70,400.00 - $87,000.00 Annually

Responsibilities

• Support strategic financial initiatives to achieve multi-year financial objectives, focusing on capital management to enhance financial position, growth, and profitability.
• Assist in preparing routine financial reports analyzing performance by channels, markets, and peers.
• Analyze monthly financial statements and reports; communicate variances and relevant findings to support the financial plan.
• Maintain thorough knowledge of general ledger accounts, balance sheet components, income statement, key ratios, products, and other financial data.
• Use PowerBI and/or Excel to aggregate multiple data sources into actionable insights for Senior Management.
• Assist with requirement gathering through interviews, document analysis, use cases, scenarios, and workflow analysis.
• Learn and understand lending/deposit rates, policies, and procedures relevant to responsibilities.
• Update procedures in response to operational or technological changes.
• Review or validate work of other Financial Analysts prior to or in lieu of Team Leadership review.
• Ensure compliance with applicable standards, rules, regulations, and internal control systems.
• Conduct ad hoc market research, special studies, reviews, and analyses.
• Update and maintain financial models, including profitability and pricing models, using scenario and breakeven analyses.
• Analyze financial results and present findings through written reports or dashboards with clear visualizations.
• Prepare ad hoc financial models, analyses, spreadsheets, visualizations, and presentations for management and committee review.
• Maintain understanding of state and federal laws and regulations related to credit union compliance, including bank secrecy and anti-money laundering laws.
• Perform other duties as assigned.

Specializations may include one or more of the following areas:

• General Ledger Accounting
• Financial Reporting
• Lending (Real Estate Secured, Personal Loan, Vehicle Secured, Credit Cards)
• Marketing
• Business Banking
• Treasury Functions
• Pricing (Loans and Deposits)
• Compliance Reporting
• Loan Portfolio Analysis
• Membership Analysis

Requirements

• Bachelor’s Degree in Accounting, Mathematics, Business Administration, Information Technology, or similarly quantitative/analytical field. Equivalent work experience with required knowledge/skills may substitute for degree.
• Minimum 1 year of progressive finance or relevant accounting experience.
• Minimum 1 year of analytical experience.

Compensation & Benefits

• Competitive total rewards compensation package designed to attract, motivate, and retain employees.
• Programs supporting well-being, work-life balance, career development, rewards and recognition.
• Commitment to diversity, equity, and inclusion.

Location

• Not specified

Note: This job description outlines general duties and responsibilities and is subject to change at the employer's discretion. Employees will be kept informed of any updates.