Sr. Financial Analyst - REMOTE

Drive the financial strategy behind a growing community bank. Join Heritage Bank NA as our Sr. Financial Analyst and play a key role in shaping liquidity, funding, balance sheet performance, and long-term financial success. This position is hiring for candidates in Minnesota.

Position Summary:
Leads the bank's liquidity management and funding operations, serving as the primary owner of liquidity strategy, funding execution, and asset-liability management (ALM) activities. Oversees daily liquidity positioning, develops and maintains funding strategies, and ensures compliance with internal policy limits and regulatory expectations. Partners closely with finance leadership and the ALCO to align treasury activities with the bank's financial performance and strategic objectives.

Provides expert analysis, reporting, and recommendations to support executive decision-making related to liquidity, margin, capital, and interest rate.

Remote Position

Drive the financial strategy behind a growing community bank. Join Heritage Bank NA as our Sr. Financial Analyst and play a key role in shaping liquidity, funding, balance sheet performance, and long-term financial success. This position is hiring for candidates in Minnesota.

Position Summary:
Leads the bank's liquidity management and funding operations, serving as the primary owner of liquidity strategy, funding execution, and asset-liability management (ALM) activities. Oversees daily liquidity positioning, develops and maintains funding strategies, and ensures compliance with internal policy limits and regulatory expectations. Partners closely with finance leadership and the ALCO to align treasury activities with the bank's financial performance and strategic objectives.

Provides expert analysis, reporting, and recommendations to support executive decision-making related to liquidity, margin, capital, and interest rate.

Treasury & Liquidity Management

• Monitor daily liquidity position and ensure compliance with internal policy limits
• Manage funding sources, including core deposits, brokered deposits, FHLB advances, and fed funds lines
• Prepare liquidity forecasts and perform stress testing to support planning and regulatory expectations
• Maintain and periodically test the Contingency Funding Plan (CFP)

Asset-Liability Management (ALM)

• Support ALCO process, including preparation of reporting and analysis
• Assist with interest rate risk modeling (NII and EVE simulations)
• Analyze deposit trends, loan growth, and cost of funds
• Provide insights to support balance sheet strategy and margin optimization

Finance & Reporting Support

• Support month-end and quarter-end processes through balance sheet and funding-related analysis
• Assist in financial reporting by providing insight into liquidity, funding costs, and interest income/expense drivers
• Perform variance analysis and support internal management reporting
• Assist with audit requests and regulatory examinations related to treasury and balance sheet

Investment Portfolio and Capital Markets Support

• Assist in monitoring the securities portfolio, including cash flows, duration, and performance
• Support investment activity tracking and alignment with accounting records
• Ensure compliance with investment policy guidelines
• Coordinates with capital markets on hedging strategies and best execution analysis for loan sales.
• Provides analytical support for gain-on-sale margin tracking and investor reporting.

Capital & Strategic Support

• Support capital planning and forecasting activities
• Evaluate funding strategies in relation to loan growth and new initiatives
• Assist with stress testing tied to capital and liquidity

Process Improvement & Controls

• Identifies opportunities to improve efficiencies and optimize processes across finance and accounting.
• Maintain strong internal controls and documentation
• Support automation and reporting enhancements in partnership with IT/data teams

Compensation & Benefits: This position provides an annual salary range of $105,000 - $125,000. Full-time team members enjoy a comprehensive benefits package including paid time off, paid holidays, and even paid volunteer days. Your health is covered with medical, dental, and vision insurance, 401(k) and ESOP retirement plans.

Disclaimer: The statements contained in this job description describe the general nature and level of work being performed by the person accepting this role. "Secondary Duties and Responsibilities" are considered incidental or secondary to the overall purpose of the job. This job description does not state or imply the only duties and responsibilities assigned to this job. Employees holding this job will be required to perform any other…