Financial Analyst - Military veterans preferred

Job Title: Financial Analyst

Department: Financial Decision Support

Reports To: Chief Financial Officer

FLSA Status: Exempt

Grade: 10

Summary 

The Financial Analyst assists Senior Management in providing effective interpretation of financial metrics regarding all aspects of credit union operations to provide values added financial analysis to support decision making in alignment with strategic goals.

Essential Duties and Responsibilities include the following. Other duties may be assigned. This job description in no way implies that the duties listed here are the only ones that the employee can be required to perform. The employee is expected to perform other tasks, duties and trainings as dictated by their manager.

Analysis

• Develop a cost benefit analysis, data modeling, and prepare recommendations to management for credit union products, services, policies, procedures, and branches regarding cost savings, profit generating opportunities and improvement strategies.
• Provide ongoing financial analysis support of credit union operations to monitor anticipated versus actual results.
• Identify trends and recommend improvement accordingly
• Prep and Analyze budget 
• Analyze Financial Statements for accuracy and potential growth opportunities Analyze current market for trends and potential opportunities
• Forecast earnings and expenses 
• Review Investment Accounting and Portfolio management 
• Analyze branch performance and recommend areas of opportunity 

Data Management

• Ensure the validation of the data between Symitar, Marquis, Wisdom, FICS, LSC, Visible Equity, Abrigo, CUERY, ARCU a, Callahan Raymond James Efolio and Baker Group
• Establish databases of pertinent information for use in analyzing future plans and forecasts.

ALM

• Develop and improve the measurement process of the balance sheet risk profile.
• Maintain and improve the process to assemble data for import into ALM.
• Develop forecast of net interest income exposure by modeling interest rate and volume sensitivity scenarios.
• Develop the Credit Union’s earning forecast.
• Assist management in analyzing financial statements from Wisdom which summarize the credit unions profit and loss from branches and products offered to report budget variance results on a monthly, quarterly, and annual basis.
• Develop complex profit plans, operating records, and financial statements.

Member Service

• Come to work every day with a member focused, passionate, and dedicated mindset
• Approach every member situation from a caring, helpful, and openminded position
• Proactively approach issues and offer creative solutions that will make doing business with RGCU easier
• Assists in any other areas as directed by the CFO, Senior Management and/or President/CEO.
• Report all suspicious activity to the Risk Management department via the compliance group email

Supervisory Responsibilities

This position has no supervisory responsibilities. 

Competencies                  

To perform the job successfully, an individual should demonstrate the following competencies:

Analytical - Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Designs workflows and procedures.

Innovation - Displays original thinking and creativity; Meets challenges with resourcefulness; Develops innovative approaches and ideas; Presents ideas and information in a timely manner that gets others' attention.

Oral Communication - Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings.

Written Communication - Writes clearly and informatively; edits work for spelling and grammar; able to read and interpret written information.

Judgment - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions. 

Qualifications 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience               

Experience- 2 to 5 years related experience

Education- 4-year degree or completion of a specialized course of study OR 5 years of related experience.

Language Skills                  

Ability to effectively present information and respond to questions from managers, members, and the general public.

Mathematical Skills                  

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, and volume.  

Reasoning Ability                  

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. Must have a comprehensive knowledge of accounting procedures, principles, and standards. Possess comprehensive knowledge of reconciliation.

Computer Skills                  

To perform this job successfully, an individual should have knowledge of software used to perform accounting. Spreadsheet software and Word Processing software.

Physical Demands 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to sit and use hands and fingers. The employee is frequently required to reach with hands and arms and talk or hear. 

Work Environment 

The work environme­­nt characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

Rio Grande Credit Union is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.