Assistant Vice President, Senior Financial Analyst
About The Position
ABOUT LOWELL FIVE With nearly $1.8 billion in assets, over 200 employees and 15 banking center locations throughout the Merrimack Valley and Southern New Hampshire, Lowell Five Bank is honored to play a vital role in the economic vitality of the region. Our employees are engaged in myriad community boards and organizations with the Bank’s support. We are proud of the longevity of our employees, and we are committed to finding new talent for our team. We offer career development and educational programs to support personal and professional growth along with a benefit package that supports each employee’s best life. For more information, please visit www.lowellfive.com . ESSENTIAL DUTIES AND RESPONSIBILITIES Financial Reporting & Planning Conducts quarterly interest rate risk and liquidity simulations using the Bank’s Asset Liability Management (ALM) software Develops periodic financial forecasts for use in the Bank’s quarterly and annual forecasts and budgets Prepares recurring or ad hoc financial reports and analysis to support and provide insight for decision-making Interprets financial information and recommends and implements solutions to key financial and operational opportunities Participates as a member of the Bank’s Asset/Liability Committee Supports the development of board materials and executive presentations Collaborates, develops, and maintains reporting and communication processes with other departments and business line executives Monitors financial and interest rate markets and assess the potential impact on the Bank’s financial results Strives to streamline financial reporting processes and improve efficiency through automation and best practices Compliance Maintains and adheres to the Bank’s Risk Management policies and procedures Assists with internal and external audit engagements, as well as Safety & Soundness examinations Please note this job description is not designed to cover a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change over time.
Requirements
- BA/BS in Accounting, Finance, Business Management, or related field
- 3-5 years’ experience in accounting and/or financial services
- Experience with asset liability management software models is strongly preferred
- Strong knowledge of Microsoft Office, including advanced experience with Microsoft Excel
- Detail-oriented, analytical with the ability to provide solutions for complex problems
- Extremely organized, ability to multi-task and meet deadlines under variable conditions
- High degree of initiative, dependability, and ability to work independently
- Excellent written and verbal communication skills, including effective presentation skills
- Must be willing and able to report to Headquarters in Tewksbury five full days a week
Nice To Haves
- Experience with asset liability management software models is strongly preferred
Responsibilities
- Conducts quarterly interest rate risk and liquidity simulations using the Bank’s Asset Liability Management (ALM) software
- Develops periodic financial forecasts for use in the Bank’s quarterly and annual forecasts and budgets
- Prepares recurring or ad hoc financial reports and analysis to support and provide insight for decision-making
- Interprets financial information and recommends and implements solutions to key financial and operational opportunities
- Participates as a member of the Bank’s Asset/Liability Committee
- Supports the development of board materials and executive presentations
- Collaborates, develops, and maintains reporting and communication processes with other departments and business line executives
- Monitors financial and interest rate markets and assess the potential impact on the Bank’s financial results
- Strives to streamline financial reporting processes and improve efficiency through automation and best practices
- Maintains and adheres to the Bank’s Risk Management policies and procedures
- Assists with internal and external audit engagements, as well as Safety & Soundness examinations
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
