Senior Finance Analyst

Blue Federal Credit Union•Cheyenne, WY

5d•Onsite

About The Position

At Blue, we discover pathways to realize your possibilities! Our Senior Finance Analyst develops and maintains Asset Liability Management (ALM) functions using complex mathematical modeling. Measures and assesses interest rate risk, liquidity risk, credit risk, and balance sheet concentration risk. Conducts financial, statistical and analytical studies (what ifs). Prepares financial reports and presents recommendations to the Asset-Liability Committee and Senior Management. Supervises junior finance staff and directs large projects to completion. Engages in continuous financial forecasting and manages preparation of the annual budget. Directs investment portfolio transactions. Other related duties as assigned. Major Duties and Responsibilities Develops and maintains financial models and databases using business intelligence frameworks for use in analysis and budgeting. Maintains credit risk models, including the allowance for loan and lease losses (ALLL) model in accordance with GAAP. Analyzes the profitability of credit union products, services, and branches using complex funds-transfer pricing (FTP) methodology and cost-center allocations. Makes recommendations for performance improvement against key performance indicators (KPIs). Models the financial position and performance of the credit union using complex asset-liability management (ALM) techniques, including net economic value (NEV) and dynamic net interest income (NII) forecasts and stress tests. Evaluates credit risk and assesses impact of organizational initiatives on enterprise risk and budgets. Performs investment transactions of mortgage-backed securities, collateralized mortgage obligations (CMOs), and other complex investments. Analyzes investment portfolio performance and develops recommendations for investment purchases and sales. Develops financial reports and analyses assessing interest rate risk, liquidity risk, concentration risk, and credit risk for use by the Asset-Liability Committee (ALCO), the board of directors, and senior management in develop strategies and making complex decisions. Supervises and mentors junior level department staff in all tasks; communicating requirements and enforcing accountability to objectives. Creates performance plans for staff and coaches to success. Produces and maintains a monthly balance sheet and income statement forecast for use by Senior Management. Performs what-if analyses and makes recommendations for financial strategies. Produces annual budget in conjunction with Senior Management. Engages in daily liquidity cash management, analyzing trends to develop strategies for maximizing return without jeopardizing safety and soundness. Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Requirements

Five years to eight years of similar or related experience, including preparatory experience.
Bachelor’s degree (B. A.) in Finance or related field, or equivalent experience.
The 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.
Obtaining cooperation and agreement on important outcomes via frequently complex, senior level dialogues, as well as a professional level of written communication skills are essential to the position.
Strong working knowledge of Microsoft Office products, including advanced Microsoft Excel functionality.
Strong working knowledge of asset-liability management (ALM) analysis and calculations.
Working knowledge of financial topics and formulas (balance sheet and income statement preparation, profitability analysis, average yield calculations, etc.)
Working knowledge of investments and strategy, including characteristics of government agency bonds and risk/return analysis.
Must be capable of regular, reliable and timely attendance.

Nice To Haves

Working knowledge of SQL and basic database development preferred.

Responsibilities

Develops and maintains financial models and databases using business intelligence frameworks for use in analysis and budgeting.
Maintains credit risk models, including the allowance for loan and lease losses (ALLL) model in accordance with GAAP.
Analyzes the profitability of credit union products, services, and branches using complex funds-transfer pricing (FTP) methodology and cost-center allocations.
Makes recommendations for performance improvement against key performance indicators (KPIs).
Models the financial position and performance of the credit union using complex asset-liability management (ALM) techniques, including net economic value (NEV) and dynamic net interest income (NII) forecasts and stress tests.
Evaluates credit risk and assesses impact of organizational initiatives on enterprise risk and budgets.
Performs investment transactions of mortgage-backed securities, collateralized mortgage obligations (CMOs), and other complex investments.
Analyzes investment portfolio performance and develops recommendations for investment purchases and sales.
Develops financial reports and analyses assessing interest rate risk, liquidity risk, concentration risk, and credit risk for use by the Asset-Liability Committee (ALCO), the board of directors, and senior management in develop strategies and making complex decisions.
Supervises and mentors junior level department staff in all tasks; communicating requirements and enforcing accountability to objectives.
Creates performance plans for staff and coaches to success.
Produces and maintains a monthly balance sheet and income statement forecast for use by Senior Management.
Performs what-if analyses and makes recommendations for financial strategies.
Produces annual budget in conjunction with Senior Management.
Engages in daily liquidity cash management, analyzing trends to develop strategies for maximizing return without jeopardizing safety and soundness.
Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.