Excite Credit Union
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Senior Financial Analyst
role at
Excite Credit Union .
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Summary The Senior Financial Analyst is an integral member of the Finance team that helps in the decision making process through data analytics and reporting. Responsible for providing accurate and data based information on the Credit Union’s branch profit, cost control, stability and liquidity. Collects and monitors data and is able to develop financial models for decision making in improving the Credit Union’s financial status through analyzing results, monitoring variances, identifying trends and recommending actions to management. This position will have an active role in monthly reporting and analysis, ad hoc reporting, budgeting, forecasting and projections. Reasonable accommodations may be made to enable individuals with disabilities.
Job Type Full-time
Key Performance Expectations
Asset Liability Management:
Assist in maintaining the company’s ALM system.
Collaborate with finance management on Interest Rate Risk, net interest margin, capital adequacy, liquidity, earnings, and risk.
Create, analyze and interpret complex quantitative and statistical reports and share your insights with senior management.
Budget
Work with the Finance team, department leaders and the CEO on the yearly budget development and presentation.
Maintain budget and reforecast information in the financial planning system
Evaluate cost efficiencies in various areas of the Credit Union through the budget maintenance and development.
Assist with preparation of annual budget and mid-year forecasts.
Database Analysis:
The Financial Analyst is the primary report writer for the company
Responsible for monitoring the data warehouse to ensure it is up to date and performs data validation from time to time
Interfaces with various areas of the organization to constantly improve the volume and integrity of the data warehouse
Perform financial analysis of capital projects, products and services. Post-audit projects to measure projection performance and other financial analysis as needed.
Investment Portfolio Management:
Work with the CFO to identify investment opportunities and participate in executing investment purchases and sales.
Prepare monthly investment reports for the ALCO and board of directors.
Keep current with economic and investment market conditions to provide recommendations for the investment portfolio, balancing yield and acceptable risk.
Cash Management:
Monitor the company cash levels to maintain sufficient liquidity for operations.
Liaison with key areas of the company’s business development functions to obtain trend information and predict cash needs and cash inflows.
Credit Analysis:
Monitor loan portfolio to identify significant trends which indicate potential risk
Liaison with key areas of the company’s business development functions to determine potential opportunities for loan growth.
Prepare periodic credit analysis reports such as credit score migration analysis, allowance for loan losses and static pool analysis.
Reporting
Produce monthly internal and external financial reports.
Partners with Accounting to prepare and submit the quarterly 5300 Call Report
Interfaces with auditors and examiners to provide information as needed
Perform other duties, as assigned.
Requirements Required Experience and Education
Bachelors Degree in Finance or Business
Minimum 5 years total experience performing financial and or credit risk analysis across deposit and loan products in a banking environment.
Proficient in Excel and PowerPoint
Expertise in financial reporting, forecasting, and profitability tools (e.g., ProfitStar)
Strong communication, problem-solving, and strategic thinking abilities
Preferred Experience And Education
Bilingual a plus
Salary Description $103,542.40 - $111,862.40 DOE
Seniority level Mid-Senior level
Employment type Full-time
Job function Finance and Sales
Industries Banking
Referrals increase your chances of interviewing at Excite Credit Union by 2x
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Senior Financial Analyst
role at
Excite Credit Union .
Get AI-powered advice on this job and more exclusive features.
Summary The Senior Financial Analyst is an integral member of the Finance team that helps in the decision making process through data analytics and reporting. Responsible for providing accurate and data based information on the Credit Union’s branch profit, cost control, stability and liquidity. Collects and monitors data and is able to develop financial models for decision making in improving the Credit Union’s financial status through analyzing results, monitoring variances, identifying trends and recommending actions to management. This position will have an active role in monthly reporting and analysis, ad hoc reporting, budgeting, forecasting and projections. Reasonable accommodations may be made to enable individuals with disabilities.
Job Type Full-time
Key Performance Expectations
Asset Liability Management:
Assist in maintaining the company’s ALM system.
Collaborate with finance management on Interest Rate Risk, net interest margin, capital adequacy, liquidity, earnings, and risk.
Create, analyze and interpret complex quantitative and statistical reports and share your insights with senior management.
Budget
Work with the Finance team, department leaders and the CEO on the yearly budget development and presentation.
Maintain budget and reforecast information in the financial planning system
Evaluate cost efficiencies in various areas of the Credit Union through the budget maintenance and development.
Assist with preparation of annual budget and mid-year forecasts.
Database Analysis:
The Financial Analyst is the primary report writer for the company
Responsible for monitoring the data warehouse to ensure it is up to date and performs data validation from time to time
Interfaces with various areas of the organization to constantly improve the volume and integrity of the data warehouse
Perform financial analysis of capital projects, products and services. Post-audit projects to measure projection performance and other financial analysis as needed.
Investment Portfolio Management:
Work with the CFO to identify investment opportunities and participate in executing investment purchases and sales.
Prepare monthly investment reports for the ALCO and board of directors.
Keep current with economic and investment market conditions to provide recommendations for the investment portfolio, balancing yield and acceptable risk.
Cash Management:
Monitor the company cash levels to maintain sufficient liquidity for operations.
Liaison with key areas of the company’s business development functions to obtain trend information and predict cash needs and cash inflows.
Credit Analysis:
Monitor loan portfolio to identify significant trends which indicate potential risk
Liaison with key areas of the company’s business development functions to determine potential opportunities for loan growth.
Prepare periodic credit analysis reports such as credit score migration analysis, allowance for loan losses and static pool analysis.
Reporting
Produce monthly internal and external financial reports.
Partners with Accounting to prepare and submit the quarterly 5300 Call Report
Interfaces with auditors and examiners to provide information as needed
Perform other duties, as assigned.
Requirements Required Experience and Education
Bachelors Degree in Finance or Business
Minimum 5 years total experience performing financial and or credit risk analysis across deposit and loan products in a banking environment.
Proficient in Excel and PowerPoint
Expertise in financial reporting, forecasting, and profitability tools (e.g., ProfitStar)
Strong communication, problem-solving, and strategic thinking abilities
Preferred Experience And Education
Bilingual a plus
Salary Description $103,542.40 - $111,862.40 DOE
Seniority level Mid-Senior level
Employment type Full-time
Job function Finance and Sales
Industries Banking
Referrals increase your chances of interviewing at Excite Credit Union by 2x
#J-18808-Ljbffr