Lowell Five Bank · 1 week ago
Assistant VP, Senior Financial Analyst
Tewksbury, MA
Full-time
Onsite
Mid Level
3+ years expLowell Five Bank is a community-focused financial institution with nearly $1.7 billion in assets. They are seeking a Senior Financial Analyst to work under the CFO, analyzing complex financial systems and providing insights to support strategic balance sheet management initiatives.
CommunitiesFinancial ServicesFinTechInsurance
Responsibilities
Conducts quarterly interest rate risk and liquidity simulations using the Banks Asset Liability Management (ALM) software
Develops periodic financial forecasts for use in the Banks 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 Banks 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 Banks financial results
Strives to streamline financial reporting processes and improve efficiency through automation and best practices
Maintains and adheres to the Banks Risk Management policies and procedures
Assists with internal and external audit engagements, as well as Safety & Soundness examination
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 employees 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