Financial Analyst

OneAZ Credit Union • Phoenix, AZ

8h • $64,726 - $80,900 • Onsite

About The Position

As a member of the Finance team, the Financial Analyst develops, interprets, and implements complex financial analysis, modeling, and techniques for financial planning and controls by performing the following duties. The role takes lead in coordinating with asset/liability management and interest rate risk analyst, as well as manages the institutions investment portfolio. The Financial Analyst participates in the Credit Union's budgeting, forecasting, and analytic process to support strategic decisions of senior and executive leadership and the Board of Directors.

Requirements

• High School Diploma Required
• Bachelor’s degree from an accredited institution, or an equivalent combination of education and relevant work experience required.
• 1 to 3 years of similar or related experience required.
• Proactive and self-starter skills and abilities.
• Strong motivation and continuous learning skills.
• Strong collaboration, teamwork, attention-to-detail, and multi-tasking skills.
• Ability to be result-oriented with a focus on high quality standards and output.
• Excellent quantitative and analytical competency skills.

Responsibilities

• Coordinates data transfer to interest rate risk analyst, reviews output for accuracy, and interprets results.
• Analyzes and identifies balance sheet risk components and income drivers.
• Assists with preparation of Asset-Liability Committee (ALCO) packages and similar reporting.
• Analyzes financial information to recommend improvement in present and future financial performance and identify revenue optimization strategies.
• Completes analysis of monthly financial results, identifying trends and analyzing causes of unexpected variances.
• Assists with monitoring loan and deposit pricing and elasticities and makes pricing recommendations to management, maintains rate sheets, and communicates rate changes.
• Makes recommendations to management regarding cost savings or profit generating opportunities and profitability improvement strategies.
• Assists with and may coordinate annual activity-based costing study.
• Conducts profitability analysis to support strategic targets and decisions.
• Establishes models, templates, and manages data in support of preparing and analyzing long range planning options and Credit Union financial statement impacts.
• Participates in the development of annual budgeting, quarterly forecasting, and monthly financial reporting tools through collaboration and coordination with other departments.
• Works with team to incorporate economic outlooks into budget and forecast modeling on subjects, including rate of return, depreciation, working capital requirements, investment opportunities, investment performance, and impact of governmental requirements.
• Assists with financial forecasting and modeling within Adaptive Planning with general assumptions in line with asset/liability management (ALM) and balance sheet management assumptions.
• Conducts special studies and “what if” scenarios to analyze complex financial actions and prepares recommendations for policy, procedure, control, or action.

Benefits

• Generous paid time off: paid holidays, floating holidays, personal days, vacation days, plus sick time
• Low-cost Medical, Dental & Vision plans
• Paid childcare assistance
• Award-winning 401K
• Gym fee reimbursement
• Tuition Reimbursement
• Student loan repayment

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level