Data/Financial Analyst
About The Position
The Data/Financial Analyst gathers and analyzes financial information to assess the profitability of credit union products, evaluates industry trends and practices, and provides recommendations and reports. The role analyzes efficiency and financial information before and after projects or software implementations to assess potential and actual return on investment. It also assists with monthly preparation of Board of Directors (BOD) and committee reports. The analyst researches factors affecting loan yields, evaluates product scenarios, and reviews investment portfolio performance against policy targets. The role assesses costs and efficiencies across the credit union, collaborates with external vendors and consultants on activity-based costing and asset/liability models, researches industry trends and opportunities, and assists with 5300 reporting.
Requirements
- Bachelor’s degree in accounting or finance, or four or more years of relevant or equivalent experience in lieu of a degree.
- Seven years of relevant or equivalent experience.
- Must be bondable.
- Communicate effectively with peers and management.
- Perform detailed analysis of loan products and project efficiencies.
- Be proficient with complex spreadsheets.
- Demonstrate accuracy, attention to detail, and a cooperative team spirit.
- Ability to work in a changing environment and demonstrate industry knowledge through experience and research.
Nice To Haves
- Experience with Power BI and/or SQL.
Responsibilities
- Research and evaluate factors that affect loan yields, and provide product recommendations and what-if analyses.
- Generate reports using internal data warehouses and external databases; review environmental and economic reports and FFCU data to develop recommendations.
- Assist in preparing Board of Directors and committee reports.
- Evaluate profit and cost efficiencies across credit union areas to assess effectiveness and return on investment, using spreadsheets, databases, and internal FFCU reports.
- Work with external vendors and consultants on activity-based costing models.
- Review and monitor the investment portfolio to maintain policy targets; suggest investment options and assist with investment purchases.
- Prepare asset/liability spreadsheets and models, working with external vendors and consultants to maintain policy guidelines.
- Research other credit unions to report industry-wide trends, growth opportunities, additional member services, and earnings potential.
- Review and assist with 5300 reporting as needed.
- Perform other duties as assigned by the VP of Finance.
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What This Job Offers
Job Type
Full-time
