FINANCIAL ANALYST

MOCSE FEDERAL CREDIT UNION•Modesto, CA

11d•$33 - $42

About The Position

The Financial Analyst supports the credit union by conducting financial studies, analyzing operational and financial data, and preparing recommendations that inform strategic decisions. This role evaluates capital expenditures, investment opportunities, financial statements, and performance trends. The analyst contributes to budgeting, forecasting, regulatory reporting, asset and liability management, and other financial analyses that strengthen the credit union’s financial health and strategic direction.

Requirements

Bachelor’s degree or an equivalent combination of experience and training.
Credit union finance fundamentals.
Thorough understanding of financial research, and reporting.
CECL basics and credit risk drivers.
Fundamental understanding of GAAP for financial institutions, budgeting/forecasting, portfolio segmentation, trends.
Two to five years of similar or related experience.
Solid analytical and organizational abilities.
Good written and oral communication skills.
Advanced excel skills.
Good project management abilities.

Nice To Haves

ALM or Risk Management certificate (preferred).
Preferred understanding of investments, but not required.

Responsibilities

Prepare monthly, quarterly, and annual financial, board, and regulatory reports.
Deliver financial analysis including forecasting, variance analysis, cost benefit analysis, and performance reporting to support executive decision making.
Develop forecasting and reporting templates based on historical trends and projected performance.
Helping quantify the financial impact of strategic initiatives
Collaborate with leadership to ensure new programs, products, and solutions operate in alignment with expectations.
Support the annual budgeting process, including balance sheet, income statement, cash flow, and depreciation and amortization forecasts.
Maintain and refine the credit union’s asset liability simulation model, ensuring data accuracy and validating key assumptions.
Provide forward looking interest rate risk assessments and scenario analyses to optimize the balance sheet’s risk return profile.
Support monthly ALCO committee reporting with analysis, insights, and recommendations for improved reporting or additional review.
Develop and maintain cost models to evaluate product and service profitability, offering recommendations for enhancements or discontinuation.
Analyze lending portfolio performance and prepare related reports.
Prepare CECL modeling inputs, data validation, or scenario analysis.
Research and analyze investment activity, documenting trends in pricing, yield, stability, and market direction.
Interpret economic data and insights from brokers and financial publications to support investment recommendations.
Maintain accurate internal and external investment documentation, and ensure subsidiary schedules are complete and accurate.
Prepare charts, graphs, and reports summarizing market conditions and investment purchase analysis.
Participate in regular meetings with approved brokers to review strategy and portfolio performance.
Back test forecasts to validate accuracy and refine assumptions.
Prepare recurring investment and liquidity forecasting reports.
Complete special financial reports, studies, and analyses as assigned.
Conduct “what if” modeling
Provide financial data, reporting, and analysis to internal departments as needed.
Keep management informed of activities, emerging issues, and meaningful trends.
Participate in meetings, committees, and initiatives as required.
Support implementation of new processes, financial models, and programs, recommend improvements in pricing, workflows, and internal controls.
Stay current on financial, economic, and industry trends relevant to credit unions.
Monitoring market trends, competitor rates, and emerging financial technologies.
Perform other duties as assigned.
Serve as a financial subject matter resource to management and other stakeholders.