Lowell Five Bank · 1 day ago
Assistant Vice President, Senior Financial Analyst
Tewksbury, Massachusetts, United States
Full-time
Onsite
Mid Level
$80K/yr - $110K/yr
3+ years expLowell Five Bank is a financial institution with nearly $1.7 billion in assets and a commitment to community engagement. They are seeking a Senior Financial Analyst to conduct financial reporting, planning, and compliance, while also supporting key financial decision-making processes.
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Responsibilities
Conducts quarterly interest rate risk and liquidity simulations using the Bank’s Asset Liability Management (ALM) software
Develops periodic financial forecasts for use in the Bank’s quarterly and annual forecasts and budgets
Prepares recurring or ad hoc financial reports and analysis to support and provide insight for decision-making
Interprets financial information and recommends and implements solutions to key financial and operational opportunities
Participates as a member of the Bank’s Asset/Liability Committee
Supports the development of board materials and executive presentations
Collaborates, develops, and maintains reporting and communication processes with other departments and business line executives
Monitors financial and interest rate markets and assess the potential impact on the Bank’s financial results
Strives to streamline financial reporting processes and improve efficiency through automation and best practices
Maintains and adheres to the Bank’s Risk Management policies and procedures
Assists with internal and external audit engagements, as well as Safety & Soundness examinations
Qualification
Required
BA/BS in Accounting, Finance, Business Management, or related field
3-5 years' experience in accounting and/or financial services
Strong knowledge of Microsoft Office, including advanced experience with Microsoft Excel
Detail-oriented, analytical with the ability to provide solutions for complex problems
Extremely organized, ability to multi-task and meet deadlines under variable conditions
High degree of initiative, dependability, and ability to work independently
Excellent written and verbal communication skills, including effective presentation skills
Must be willing and able to report to Headquarters in Tewksbury five full days a week
Preferred
Experience with asset liability management software models is strongly preferred
Benefits
Career development and educational programs
Benefit package that supports each employee’s best life
Company
Lowell Five Bank
Lowell Five Bank is a community bank based out of Merrimack Valley and Southern New Hampshire.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Mackenzie Raphael
Senior Vice President/CIO
Donald Bedard
Executive Vice President - Chief Lending Officer
Recent News
The Nashua Telegraph
2023-12-25
Company data provided by crunchbase