Senior Financial Analyst

PROVIDENT CREDIT UNION • Redwood City, CA

1d • $40 - $50 • Onsite

About The Position

The Senior Financial Analyst will conduct extensive financial modeling and quantitative analysis. This role will serve as a strategic and analytical key contributor to support balance sheet strategies including deposit pricing recommendations, hedging/derivative activities, identifying potential acquisition targets, and conducting analysis on product and member profitability. This role reports to AVP, Treasurer, in Finance, with frequent opportunities to directly communicate with executives.

Requirements

• Bachelor’s degree In Economics, Finance, Mathematics, or Business Analytics, Accounting or Finance, with 7+ years of experience in commercial or investment banking industry is required
• Strong financial analytical and modeling experience in commercial or investment banking industry.
• Outstanding quantitative and data analytical skills with “result-driven” perspective.
• A “hands-on” problem solver who digs into data and analysis.
• A strong critical thinker who can connect quantitative insights to financial strategies.
• “Roll-up-your-sleeves” initiatives in a fast-paced environment to drive business decisions.
• Proficient in Excel and PowerPoint.

Nice To Haves

• Master's degree preferred.
• Experience in Python or equivalent coding tool, is highly preferred.
• CFA, FRM, or CTP – One of the three certificates is preferred

Responsibilities

• Lead the development and improvement of quantitative modeling, including but not limited to the planning, designing, and implementing financial models to support the Credit Union’s strategic goals. This includes leading deposit analytics to support deposit pricing strategy and modeling Asset-Liability-Management (ALM) strategies.
• Evaluate financial performance of the Credit Union’s various lines of business (LOB) and assist with decision making by synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics.
• Oversee, assess, and conduct asset liability management of interest rate, liquidity, and capital risk, based upon concrete modeling results and data analytics.
• Gather, analyze, and disseminate intelligence to monitor the adoption of financial modeling and associated limitations, provide guidance and share best practices across departments.
• Ensure the quality and quantity of reporting and analysis for key constituents and management, which may include the Board of Directors, Investor Relations, and/or various regulatory agencies (NCUA and DFPI).
• Support new and ongoing projects and strategic initiatives by creating processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities.
• Support month-end closing process and business partnering with Accounting throughout quantitative analysis and reporting generation.
• Collaborate with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective procedures.
• Provide contingent Fund Transfer Pricing (FTP) analysis and reporting.
• Lead liquidity planning, bank account management, and cash forecasting for the Credit Union.
• Manage the investment strategy by developing interest rate swap hedging within the Credit Union’s risk appetite, evaluating alternative strategies and assessing outcomes across various market and behavioral scenarios.
• Forecast and manage liquidity needs through daily cash flow analysis, to support the Credit Union’s daily operations and balance sheet strategy.
• Create forecasts and budgets by comparing current performance against plan, prior periods, prior forecasts, and budgets and evaluating current and future performance trajectory.
• Serve as the key contributor in annual budgeting to quantify and qualify “actual-to-planning” variances through data analytics and research.
• Involvement in Forecasting of the GBAM P&L and Balance Sheet including business partner across Finance and Treasury.
• Research local banking market for potential merger and acquisition candidates to support company growth.
• Conduct financial modeling, valuation (DCF, comparable, precedent transactions), and synergy analysis for potential transactions.
• Analyze financial statements and assess key business and financial risks of target companies.
• Support due diligence processes, working cross-functionally with legal, operations, marketing, and external advisors.

Benefits

• Quality medical, dental and vision care coverage
• 401(k) retirement plan with up to 150% matching employer contributions
• Strong commitment to investing in your career and educational advancement by offering up to 100% Tuition reimbursement for approved courses
• Annual discretionary bonus
• Generous paid time off and paid holidays
• Flexible spending accounts
• Employee Referral Bonus
• Short and long-term disability coverage
• Life and AD&D insurance
• Provident membership Rate discount on home and auto loans
• Opportunity to use company owned condo in Maui and Lake Tahoe

What This Job Offers

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