Financial Analyst

Interra Credit Union • Goshen, IN

31d

About The Position

As a Financial Analyst, you will be responsible for analyzing and executing the
day-to-day investment and wholesale funding portfolio activities, execute the
annual budget process, provide analysis to management and coordinate both
deposit and loan pricing committees. This position is responsible for
researching and reporting financial data, analyze past financial performance to
predict future performance and to advise the company on its financial strategy.
Prepares analysis of current or proposed operations and provides timely and
concise recommendations to improve results and performance.

Requirements

• 5+ years’ experience in finance analysis, accounting, or finance, preferably in the financial industry.
• This level of knowledge is acquired through completion of a required Bachelor’s degree in Finance, Accounting, Business, Economics, or related field. Bloomberg Certification preferred. Must have and maintain a valid driver’s license.

Nice To Haves

• Ability to motivate or influence internal or external senior level professionals is a critical part of the job, requiring a significant level of influence and trust.
• Ability to communicate effectively with staff at all levels.
• Intermediate proficiency in Microsoft Office (Outlook, Word, Excel, PowerPoint).
• Advanced knowledge of Credit Union regulations, products, policies, procedures, and services. Able to gather, understand and interpret data to draw conclusions and make quality decisions.
• Strong ability to manage multiple tasks and deadlines simultaneously.
• Advanced organization and prioritization skills.
• Ability to provide world class member service while executing Interra’s vision, mission, and delivery of Core Values.

Responsibilities

• Analyze and interpret the liquidity of the Credit Union, identifying liquidity gaps and potential areas of risk. Optimize daily cash management, driving earnings. Update and maintain the Asset Liability Management modeling software. Analyze financial data and provide forecasting support by identifying trends and working with the product managers to forecast their production pipelines. Perform analysis for liquidity risk, interest rate risk and net economic value within the Asset Liability Management Policy guidelines and the Contingency Funding Plan Policy established by the Asset Liability Committee. Assist in the coordination of the annual internal model assessments with third party vendors, ensuring accuracy of the data provided. Assists in the creation of formal ongoing model monitoring and model governance policies. Assists in the analysis and design of effective balance sheet hedging strategies.
• Analyze the current investment portfolio using Bloomberg. Execute with oversight of management the Credit Unions investment strategy within the investment policy guidelines established by the Asset Liability Committee considering liquidity needs, interest rate risks, and capital constraints.
• Analysis of loan and deposit product pricing and profitability. Identify market trends and conduct competitor analysis, assists in the formulation of recommendations to propose to management for discussion in loan and deposit pricing. Maintain loan pricing model/software to ensure accurate pricing output information. Complete reporting for committee meetings in coordination with the senior financial analyst or management to ensure reporting drives discussion and aids in making data driven decisions. Ensure product pricing is within the scope of the Credit Union's product pricing strategies.
• Assist with the preparation and on-going monitoring of the corporation’s annual budget, coordinate the completion of the loan and deposit budget by working with the lending and deposit teams. Identify liquidity gaps and make recommendations based on budgeted balance sheet performance.
• Provide timely and accurate ad hoc analysis as requested by Executives and Senior Management. Coordinate with Senior Management to ensure that the financial analysis and impact of strategic recommendations are completed in conjunction with the Finance department. Conduct back testing on ad hoc analysis and models to drive improvement and fine tuning to analysis and assumptions.
• Must comply with all company policies and procedures, applicable laws, and regulations, including but not limited to, the Bank Secrecy Act, the USA PATRIOT Act, and the Office of Foreign Assets Control, in addition to all Interra policies.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees