Financial Analyst

Blue FCU employees work hard, have fun and win for our members. The Financial Analyst performs complex Asset Liability Management (ALM) functions; measures and monitors financial and liquidity risks; conducts financial, statistical and analytical studies (what ifs); prepares and assists in the preparation of financial reports and ALCO information; engages in continuous financial forecasting and preparation of the annual budget; carries out general investment portfolio management and analysis; other related duties as assigned.

• Analyzes, monitors and informs of the financial position of the credit union using complex asset-liability management (ALM) techniques, including net economic value (NEV) and dynamic net interest income (NII) forecasts and stress tests. Coordinates and directs the implementation of complex assumptions for ALM Modeling.
• Assembles recurring data needs into functional and fully-automated dashboards. Continually evaluates the dashboards and determines necessary changes to them.
• Monitors the credit union’s balance sheet and income statement and makes recommendations for actionable changes to senior management of noteworthy or concerning trends. Evaluates and recommends strategic borrowings for the credit union.
• Coordinates quarterly ALM reports with third party vendor.
• Monitors credit union liquidity and makes recommendations for necessary action.
• Produces and maintains a rolling 24-monthly balance sheet and income statement forecast for use by Senior Management. Performs what-if analyses as appropriate. Produces annual budget in conjunction with Senior Management. Prepares monthly financials in coordination with the Finance and Accounting Departments for the credit union.
• Prepares and presents reports to management as needed.
• Interpret and recommend investment decisions by analyzing financial information to forecast business, industry or economic decisions. Processes investment transactions and monitors monthly reports.
• Analyzes and monitors credit union liquidity and makes recommendations for necessary action.

Experience: Three years to five years of similar or related experience, including preparatory experience.

Education/Certifications/Licenses: A college degree.

Interpersonal Skills: A significant level of trust, credibility and diplomacy is required. In-depth dialogues, conversations and explanations with customers, direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature. Communications may involve motivating, influencing, educating and/or advising others on matters of significance.

Other Skills: Knowledge of accounting principles generally accepted in the United States of America, characteristics of financial assets and liabilities, and statistical analysis. Ability to work standard personal computers (including peripheral equipment), ten-key calculator, typing 30-40 words per minute, view a computer terminal for varying periods of time, and to learn and retain the proper use of office equipment, including facsimile machines and photocopies. Must be able to work with various PC software. Strong ability to read, analyze and interpret financial reports and legal documents; performs complex calculations; effectively researches, analyzes and evaluates information to make decisions, solve problems and achieve goals; strong project management skills desired.