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Excite Credit Union · 3 weeks ago

Banking Senior Financial Analyst

San Jose, CA

Full-time

Onsite

Mid, Senior Level

$104K/yr - $112K/yr

5+ years exp

Excite Credit Union is seeking a Senior Financial Analyst to join their Finance team, playing a crucial role in decision-making through data analytics and reporting. The role involves developing financial models, managing budgets, and providing insights to improve the Credit Union's financial status.

CommunitiesFinancial ServicesNon Profit

Responsibilities

Assist in maintaining the company’s ALM system

Collaborate with finance management on Interest Rate Risk, net interest margin, capital adequacy, liquidity, earnings, and risk

Create, analyze and interpret complex quantitative and statistical reports and share your insights with senior management

Work with the Finance team, department leaders and the CEO on the yearly budget development and presentation

Maintain budget and reforecast information in the financial planning system

Evaluate cost efficiencies in various areas of the Credit Union through the budget maintenance and development

Assist with preparation of annual budget and mid-year forecasts

The Financial Analyst is the primary report writer for the company

Responsible for monitoring the data warehouse to ensure it is up to date and performs data validation from time to time

Interfaces with various areas of the organization to constantly improve the volume and integrity of the data warehouse

Perform financial analysis of capital projects, products and services. Post-audit projects to measure projection performance and other financial analysis as needed

Work with the CFO to identify investment opportunities and participate in executing investment purchases and sales

Prepare monthly investment reports for the ALCO and board of directors

Keep current with economic and investment market conditions to provide recommendations for the investment portfolio, balancing yield and acceptable risk

Monitor the company cash levels to maintain sufficient liquidity for operations

Liaison with key areas of the company’s business development functions to obtain trend information and predict cash needs and cash inflows

Monitor loan portfolio to identify significant trends which indicate potential risk

Liaison with key areas of the company’s business development functions to determine potential opportunities for loan growth

Prepare periodic credit analysis reports such as credit score migration analysis, allowance for loan losses and static pool analysis

Produce monthly internal and external financial reports

Partners with Accounting to prepare and submit the quarterly 5300 Call Report

Interfaces with auditors and examiners to provide information as needed

Perform other duties, as assigned