Financial Planning Analyst (HYBRID)

First Technology Federal Credit Union • Marlborough, MA

7d • Hybrid

About The Position

This role performs intermediate financial analysis and modeling to support business planning, forecasting, and performance management activities. This role applies established financial methodologies to evaluate profitability, identify performance drivers, and support forward‑looking decision‑making.

Requirements

• Bachelors degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree)
• 2 - 4 years of relevant experience
• Strong working knowledge of financial planning and analysis concepts, including forecasting, variance analysis, and profitability assessment.
• Experience developing and maintaining financial models to support business analysis and planning.
• Ability to analyze moderately complex data sets and translate results into meaningful insights.
• Proficiency with spreadsheets and financial reporting or planning tools.
• Strong attention to detail with the ability to ensure data accuracy and consistency.
• Effective written and verbal communication skills for presenting analysis to diverse stakeholders.
• Ability to manage multiple priorities independently within established frameworks.
• Demonstrated judgment in applying established methodologies and adapting approaches to new situations.

Responsibilities

• Independently perform recurring and ad-hoc profitability analyses for products, members, and segments to identify key financial drivers and trends.
• Apply advanced profitability methodologies (e.g., Funds Transfer Pricing and RAROC) to refine analysis assumptions and ensure robust model outputs.
• Maintain and update profitability models and tools by refreshing data inputs and assumptions, performing model validations, and implementing moderate enhancements to improve accuracy.
• Contribute to forward-looking financial projections and scenario analyses by developing pro forma models and evaluating outcomes in collaboration with senior analysts.
• Translate analysis results into clear, concise reports and initial recommendations for management, highlighting key insights to support decision-making.
• Collaborate with cross-functional teams (e.g., Treasury, ALM, Data, Product) to integrate diverse inputs into profitability analyses, ensuring a comprehensive and aligned financial perspective.
• Identify and implement process improvements in FP&A workflows, data management, and reporting tools to streamline processes and enhance analysis efficiency and accuracy.
• Ensure data integrity and consistency by conducting thorough data validation and reconciliation on financial inputs and model outputs, proactively addressing or escalating any data quality issues.
• Support audit, model validation, and governance activities by preparing documentation for profitability models and analyses and assisting in responses to auditor or regulatory inquiries.

Benefits

• Traditional medical, dental, and vision coverage
• 401K matching up to 5% per pay period
• Paid Time Off (PTO): You'll accrue up to 15 vacation days in your first year. In addition, you'll receive 40-hours of sick time, and three personal days, which will refresh annually
• 11 paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)

What This Job Offers

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