Provident Credit Union
Senior Financial Analyst
Provident Credit Union, Redwood City, California, United States, 94061
Job Summary
The Senior Financial Analyst will conduct extensive financial modeling and quantitative analysis. This role will serve as a strategic and analytical key contributor to support balance sheet strategies including deposit pricing recommendations, hedging/derivative activities, identifying potential acquisition targets, and conducting analysis on product and member profitability. Responsibilities: Lead the development and improvement of quantitative modeling, including planning, designing, and implementing financial models to support the Credit Union’s strategic goals. Evaluate financial performance of the Credit Union’s various lines of business and assist with decision making by synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics. Oversee, assess, and conduct asset liability management of interest rate, liquidity, and capital risk, based upon concrete modeling results and data analytics. Gather, analyze, and disseminate intelligence to monitor the adoption of financial modeling and associated limitations, provide guidance and share best practices across departments. Ensure the quality and quantity of reporting and analysis for key constituents and management. Support new and ongoing projects and strategic initiatives by creating processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities. Support month-end closing process and business partnering with Accounting throughout quantitative analysis and reporting generation. Collaborate with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective procedures. Provide contingent Fund Transfer Pricing (FTP) analysis and reporting. Lead liquidity planning, bank account management, and cash forecasting for the Credit Union. Manage the investment strategy by developing interest rate swap hedging within the Credit Union’s risk appetite, evaluating alternative strategies and assessing outcomes across various market and behavioral scenarios. Forecast and manage liquidity needs through daily cash flow analysis, to support the Credit Union’s daily operations and balance sheet strategy. Qualifications: Bachelor’s degree In Economics, Finance, Mathematics, or Business Analytics, Accounting or Finance, with 5+ years of experience in commercial or investment banking industry is required Master’s degree in Economics, Finance, Mathematics, or Business Analytics, Accounting or Finance, with 3+ years of experience in commercial or investment banking industry is preferred. Ph.D. Degree in Economics, Finance, Mathematics, or Business Analytics with 1-2 years of experience in commercial or investment banking industry is preferred. Strong financial analytical and modeling experience in commercial or investment banking industry. Outstanding quantitative and data analytical skills with “result-driven” perspective. A “hands-on” problem solver who digs into data and analysis. A strong critical thinker who can connect quantitative insights to financial strategies. “Roll-up-your-sleeves” initiatives in a fast-paced environment to drive business decisions. Proficient in Excel and PowerPoint. Experience in Python or equivalent coding tool, is highly preferred. CFA, FRM, or CTP – One of the three certificates is preferred Benefits: Quality medical, dental and vision care coverage 401(k) retirement plan with up to 150% matching employer contributions Annual discretionary bonus Generous paid time off and paid holidays Flexible spending accounts Employee Referral Bonus Short and long-term disability coverage Life and AD&D insurance Provident membership Rate discount on home and auto loans Opportunity to use company owned condo in Maui and Lake Tahoe Provident is an Equal Opportunity Employer
#J-18808-Ljbffr
The Senior Financial Analyst will conduct extensive financial modeling and quantitative analysis. This role will serve as a strategic and analytical key contributor to support balance sheet strategies including deposit pricing recommendations, hedging/derivative activities, identifying potential acquisition targets, and conducting analysis on product and member profitability. Responsibilities: Lead the development and improvement of quantitative modeling, including planning, designing, and implementing financial models to support the Credit Union’s strategic goals. Evaluate financial performance of the Credit Union’s various lines of business and assist with decision making by synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics. Oversee, assess, and conduct asset liability management of interest rate, liquidity, and capital risk, based upon concrete modeling results and data analytics. Gather, analyze, and disseminate intelligence to monitor the adoption of financial modeling and associated limitations, provide guidance and share best practices across departments. Ensure the quality and quantity of reporting and analysis for key constituents and management. Support new and ongoing projects and strategic initiatives by creating processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities. Support month-end closing process and business partnering with Accounting throughout quantitative analysis and reporting generation. Collaborate with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective procedures. Provide contingent Fund Transfer Pricing (FTP) analysis and reporting. Lead liquidity planning, bank account management, and cash forecasting for the Credit Union. Manage the investment strategy by developing interest rate swap hedging within the Credit Union’s risk appetite, evaluating alternative strategies and assessing outcomes across various market and behavioral scenarios. Forecast and manage liquidity needs through daily cash flow analysis, to support the Credit Union’s daily operations and balance sheet strategy. Qualifications: Bachelor’s degree In Economics, Finance, Mathematics, or Business Analytics, Accounting or Finance, with 5+ years of experience in commercial or investment banking industry is required Master’s degree in Economics, Finance, Mathematics, or Business Analytics, Accounting or Finance, with 3+ years of experience in commercial or investment banking industry is preferred. Ph.D. Degree in Economics, Finance, Mathematics, or Business Analytics with 1-2 years of experience in commercial or investment banking industry is preferred. Strong financial analytical and modeling experience in commercial or investment banking industry. Outstanding quantitative and data analytical skills with “result-driven” perspective. A “hands-on” problem solver who digs into data and analysis. A strong critical thinker who can connect quantitative insights to financial strategies. “Roll-up-your-sleeves” initiatives in a fast-paced environment to drive business decisions. Proficient in Excel and PowerPoint. Experience in Python or equivalent coding tool, is highly preferred. CFA, FRM, or CTP – One of the three certificates is preferred Benefits: Quality medical, dental and vision care coverage 401(k) retirement plan with up to 150% matching employer contributions Annual discretionary bonus Generous paid time off and paid holidays Flexible spending accounts Employee Referral Bonus Short and long-term disability coverage Life and AD&D insurance Provident membership Rate discount on home and auto loans Opportunity to use company owned condo in Maui and Lake Tahoe Provident is an Equal Opportunity Employer
#J-18808-Ljbffr