PenFed Credit Union · 1 day ago
Sr. Financial Forecasting Analyst
McLean, VA
Full-time
Hybrid
Mid, Senior Level
3+ years expPenFed Credit Union is hiring a Sr. Financial Forecasting Analyst located in Tysons, Virginia. This role is crucial for supporting enterprise-wide balance sheet and income forecasting, with primary responsibilities in managing financial forecasting processes and collaborating with various departments for accurate financial analysis.
BankingCreditFinanceFinancial ServicesLending
Responsibilities
Manage the design, development, and ongoing enhancement of the enterprise financial forecasting process using the QRM Balance Sheet Management system (QRM) and OneStream
Oversee data, assumption, and model input loading processes in QRM and OneStream, including reconciliation, validation and alignment with general ledger and management reporting
Serve as a key Corporate FP&A partner to LOB FP&A, developing a strong understanding of model assumptions, methodologies, and limitations; identify and communicate forecast risks and opportunities
Support the production of multiple financial forecasts, including monthly estimates, mid-year forecasts and the annual plan, as well as income sensitivity and scenario analysis
Collaborate with the Treasury team to incorporate liquidity assumptions into forecasts, and to forecast and monitor investment portfolio and derivative activity within QRM and OneStream frameworks
Maintains an in-depth knowledge of fixed income instruments including mortgage-related products, auto loans, credit card products, indeterminate maturity deposits, and interest rate risk measurement concepts such as market valuation, spreads, prepayments, duration, basis risk, etc
Qualification
Required
Bachelor's degree in business administration, Accounting or Finance, or a related field
Minimum of three years of relevant professional experience in consulting, financial services, banking, or credit unions
Minimum of two years' experience supporting or implementing finance, loan and Balance sheet management systems
Advanced Excel skills, including financial modeling and data analysis
Demonstrated ability to apply an analytical mindset to identify issues, evaluate alternatives and propose actionable solutions in support of strategic business decisions
Ability to manage multiple projects simultaneously and adapt quickly to changing priorities
Excellent oral and written communication skills; Proven interpersonal and organizational skills
Preferred
Strong understanding of financial statements and experience with banking ALM or forecasting systems (e.g., QRM, OneStream, or similar) preferred
CFA/FRM professional certification preferred
Benefits
Comprehensive health, dental, and vision plans
Paid time off
Paid parental leave
Care support
Fitness center access
401(k) match
Employee loan discounts
Fully paid life and disability coverage
Education assistance
Community involvement
Volunteer opportunities
Company
PenFed Credit Union
PenFed Credit Union offers banking services, loans, mortgages, and credit cards to individuals and small businesses.
1001-5000 employees
H1B Sponsorship
PenFed Credit Union has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (19)
2024 (20)
2023 (10)
2022 (21)
2021 (12)
2020 (11)
Funding
Current Stage
Late StageTotal Funding
$845.89M2025-09-22Debt Financing· $398.49M
2024-08-29Debt Financing· $447.4M
Leadership Team
Sarah Heintzman
Executive Vice President, CFO
Andrea McCarren
Senior Vice President & Chief Content Officer
Recent News
The Virginian-Pilot
2025-11-05
Company data provided by crunchbase