Services Financial Risk Manager

Job Details

Job Location:

Remote - Perryville, MO 63775. Working at The Bank of Missouri.

Staying in business for more than 125 years is hard. Really hard. If you think about it, we've endured many events, like the Great Depression and two World Wars. We've survived and thrived, thanks to our great customers and communities. We were founded on core values of accountability, community service and financial conservatism. Those principles are the reason we are still in business today.

Caring for people and communities is our foundation!

• Competitive Salary
• Personal paid time off, as eligible and paid holidays
• 401K and Employee Stock Option Plan, as eligible
• Generous medical, dental, vision, life and disability insurance
• Fitness reimbursement
• Learning, development and growth opportunities

Responsible for analysis of financial statements provided by Contract Services existing Fintech Relationships and new prospects. Will assist Relationship Managers in spreading quarter and year-end financial statements for Risk Assessments, while providing assistance in understanding the trending, risks and opportunities of the financial statements for increased understanding of the long-term viability of the organization to fulfill their financial obligations to The Bank of Missouri.

Position will also have the following duties.

• Works on data intensive projects, including analytics, governance, and manipulation, to support a variety of financial risk initiatives
• Work directly with senior professionals to execute various financial institution advisory projects related to financial risk management including credit risk, valuation, capital planning, and stress-testing, liquidity, resolution planning, and model risk management.
• Complete all financial analysis reviews assigned, reporting results to the appropriate Relationship Manager, SVP of Contract Services and SVP Contract Services Risk and Compliance Officer
• Follow-up with Relationship Managers and others as assigned, to ensure all financial reporting due is received on time per contract agreements and required timelines
• Provide feedback to the Relationship Managers, others as assigned, regarding any findings, trends, recommendations and/or actions necessary to ensure complete understanding of the results recorded
• Complete quarterly and annual Financial Reporting for all Risk Assessments and ongoing monitoring of the financial viability of any Relationship/Prospect
• Complete all financial reviews for any new identified Contract Services prospect using most recent audited financials, as well as, interim statements, as required per the due diligence procedures in the Contract Services policy
• Work with both the bank Credit Analyst team, as needed, and the Bank financial spreading software to create consistency in reporting, reviews and feedback to the appropriate team members
• Develop analyses and financial models using transactional data and/or financial data
• Prepare written analysis or summary on financial findings for each Relationship on a quarterly basis
• Assist in preparing financial reviews, as requested, for any examinations or regulatory requests

There are no supervisory responsibilities in this position.

Education and/or

Experience:

Bachelor's degree (B.A.) from four-year college or university, preferably finance or accounting; and minimum 3 years related experience and/or training as a financial analyst; or equivalent of education and experience.

Language

Skills:

Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures or governmental regulations. Ability to write reports, business correspondence and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customer and the general public.

Mathematical

Skills:

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference and volume. Ability to apply concepts of basic algebra and geometry.

Reasoning Ability: Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

Other

Skills and Abilities:

Must have the ability to operate a PC, printer, copy machine, fax machine and telephone. Good working knowledge of word processing and spreadsheet software. Previous experience with Securitizations;
Warehouse Lines of Credit and Master Trusts helpful but not required.

Has frequent contact with all managerial personnel regarding their function's compliance with established financial oversight and operating procedures within Contract Services.

Has moderate contact with external auditors and regulatory…