Senior Financial Analyst, FP&A

Role Overview

• Maintain and update assumptions to be used in the ALM models maintained by third party advisory firms.
• Support the development and execution of stress testing scenarios to assess the credit union’s resilience to adverse economic conditions and regulatory requirements.
• Establish and maintain working relationships with third party advisory firms engaged by MCU in support of ALM and Investment strategies.
• Oversee the preparation of ALM analytics prepared by third party advisory firms.
• Participate in the monthly, quarterly, and annual forecasting process to ensure both the timeliness and accuracy of reporting.
• Serve as the subject matter expert on all planning and budgeting software tools used by the department.
• Must be adept at developing ad hoc complex models in Excel when third party models cannot be used.
• Review and ensure application of appropriate internal controls, compliance and financial procedures.
• Monitor key financial metrics and performance indicators, analyzing trends and identifying areas for improvement or risk mitigation.
• Collaborate with the Accounting team during the monthly close process by providing monthly margin analysis, rate volume analysis, ensuring reported results are fairly and accurately reported.
• Responsible for preparing monthly reporting and analyses for management and board reporting, as well as all ALCO reports.
• Perform the decision support analysis for purchases of investments and loan participations.
• Oversee pricing strategies for loan and deposit products.

Requirements

• Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.
• 5+ years of progressive experience in finance.
• A minimum of 2 years in a finance position at a similarly sized bank or credit union.
• In-depth knowledge of asset liability management principles, planning systems, and stress testing methodologies.
• Understanding of the economy and interest rate markets.
• Strong understanding of bank accounting concepts and GAAP, with the ability to interpret and apply regulatory guidelines effectively.
• Excellent analytical skills and attention to detail, with the ability to analyze complex financial data and draw actionable insights.
• Adept at driving results in a collaborative environment.
• Exceptional communication and interpersonal skills, with the ability to articulate financial concepts to diverse audiences and influence decision-making processes.
• Strategic mindset and forward-thinking approach, with the ability to anticipate challenges and develop proactive solutions.

Benefits

• Competitive compensation
• Medical and dental benefits
• 401K with employer match
• Flexible paid time off