Financial Analyst

REPUBLIC BANK OF CHICAGO•Oak Brook, IL

2d•Onsite

About The Position

The Financial Analyst will assist the Finance team in maintaining the accuracy of the general ledger and all Asset/Liability functions. This role involves preparing various financial reports, maintaining financial models, and contributing to departmental reporting and profitability analysis. The analyst will also be responsible for reviewing accounting data for daily cash requirements, producing regulatory reports, and making recommendations for process improvements. Additionally, the role includes creating financial projections, assisting with the annual budget, and managing all loan pledge reporting to the FHLB and FRB, including monitoring collateral levels for certain deposit accounts. This position also serves as a backup for other accounting staff.

Requirements

Bachelor's degree or equivalent experience and high school diploma.
Strong analytical ability with an attention to detail.
Proficient in Excel and Microsoft Word.
Comfortable with math and calculations.
Excellent phone and communication skills.
Ability to communicate and collaborate with internal and external personnel in a professional and timely manner.
Ability to follow established policies and procedures, work effectively and efficiently in a fast paced environment and process requests per instructions.
Ability to maintain and follow through on assignments and daily duties.
Responsible for knowing and practicing Bank Secrecy Laws (AML/CIP/SAR/CTR/OFAC), and the USA Patriot Act, and other related regulations as they relate to their specific job function.

Nice To Haves

Experience within financial institutions a plus.

Responsibilities

Assist in the preparation of asset/liability, projections and other risk management reports.
Maintain and regularly update financial model.
Prepare departmental reporting and branch profitability.
Review accounting data for daily cash requirements, primarily for liquidity planning.
Produce various regulatory and financial reports as needed.
Make recommendations for improving internal controls and operating efficiencies based upon own work routine and through the review of other’s work.
Create various short and long-term financial projections.
Assist in the development of the annual bank budget in conjunction with other department personnel.
Responsible for all loan pledge reporting to the FHLB (Federal Home Loan Bank) and FRB (Federal Reserve Bank).
Develop, monitor and analyze all activities for pledging to these two entities.
Maintain and monitor collateral levels for certain deposit accounts.
Perform other accounting responsibilities as backup function for all accounting staff.

Benefits

Competitive salary range estimated at $50,000 - $65,000 annually
Generous Paid time Off (PTO)
Health, dental, and vision insurance
Tax-advantaged FSA and HSA account options
Retirement benefits including 401k plan with discretionary matching contributions.
Childcare assistance program
Parental Leave for both primary and secondary caregivers
Short-term and long-term disability coverage
Basic Life and AD&D insurance with elective additional coverage
Mental health & wellness benefits including bank-paid Headspace meditation app subscription
Access to our Employee Assistance Program