Analyst, Finance & Banking, Financial Consultant

Description

This position is not eligible for immigration sponsorship.

POSITION TITLE:

Analyst III

DEPARTMENT:
Finance

CLASSIFICATION:
Exempt

APPROVED BY: CEO

WAGE GRADE: 13

WAGE RANGE: $83,675.90 - $

A senior analyst within the Finance department responsible for providing advanced financial analysis, professional judgment, and technical expertise to inform balance sheet management, liquidity planning, interest rate risk analysis, budgeting, and cash flow forecasting. This position serves as a strategic analytical advisor to Finance leadership by independently developing detailed analyses, models, and insights that inform strategic and operational decision-making.

Portfolio Optimization:

• Analyze and evaluate strategies to optimize the credit union’s balance sheet, considering liquidity, interest rate risk, capital, and profitability, and provide recommendations to Finance leadership.
• Evaluate the performance of asset and liability categories, identify emerging trends or risks, and recommend data-driven adjustments.
• Assess the balance sheet, liquidity, and earnings impact of potential investment and divestment decisions and present findings for leadership consideration.
• Analyze potential impacts of acquisitions and large asset purchases on the credit union's balance sheet.
• Evaluate and value future cash flows and equity of credit union service organizations.

Liquidity Planning:

• Contribute analytical expertise to the development, maintenance, and evaluation of comprehensive liquidity plans and policies, including independent scenario analysis to assess resilience under varying conditions.
• Continuously monitor and analyze liquidity buffers and funding sources, proactively elevating emerging risks or structural concerns.
• Prepare scenario analysis and data-driven insights related to cash positioning and liquidity management.
• Maintain awareness of upcoming liquidity needs and support Finance leadership in achieving strategic goals while prioritizing acceptable liquidity risk.
• Recommend adjustments to liquidity strategies based on changing economic conditions and regulatory requirements.

Interest Rate Risk Mitigation:

• Evaluate and analyze interest rate risk mitigation strategies, including derivatives or interest rate swaps, and provide analytical recommendations to Finance leadership.
• Monitor hedge effectiveness and prepare analytical assessments to inform potential structural or tactical adjustments.
• Collaborate with the treasury department to optimize the asset and liability mix to mitigate interest rate risk.
• Prepare pricing analyses and risk assessments to support risk mitigation while ensuring the institution’s profitability and stability.

Interdepartmental Analysis Expertise:

• Provide expert-level financial analysis and support to other credit union departments, including risk management, lending, and marketing.
• Serve as an analytical resource by responding to data requests and developing insights in coordination with Finance leadership.
• Collaborate with departments to develop customized financial reports and analysis that align with their strategic goals.

Process Optimization:

• Identify and advise on opportunities to streamline balance sheet management processes, data gathering, and reporting.
• Develop and implement automation solutions for routine analytical tasks and reporting where appropriate.
• Monitor the efficiency of processes and make continuous improvements.
• Conduct training sessions for junior analysts on process optimization techniques.

Advanced Reporting:

• Generate complex financial reports, forecasts, budgets, and analyses for senior management, board meetings, and regulatory authorities.
• Develop interactive dashboards and visualizations to communicate insights effectively.
• Provide detailed explanations and recommendations based on data analysis.
• Design and implement novel and custom SQL, Power Query M, and DAX-based reports.
• Lead the annual budgeting and forecasting processes by preparing advanced financial models, variance analyses, and scenario projections under the direction of Finance leadership.
• Maintain and advise on forecasting assumptions, data inputs, and reporting structures to ensure consistency across budget, forecast, and actual results.

Regulatory Compliance Oversight:

• Support Finance leadership in monitoring the credit union's compliance with all regulatory requirements related to balance sheet management and interdepartmental analysis.
• Proactively address any compliance issues and coordinate responses to regulatory inquiries.
• Keep abreast of changes in regulations and assess their impact on the credit union's operations.
• Assist in evaluating new processes and policy updates to remain in compliance with emerging and amended regulatory requirements.

Project Management:

• Provide significant analytical support for special projects related to balance sheet management, liquidity, interest rate risk, and interdepartmental analysis.
• Advise leadership in defining project scopes,…