PenFed Credit Union · 18 hours ago
Senior Analyst, Capital Planning Stress Testing
McLean, VA
Full-time
Remote
Mid, Senior Level
$78K/yr - $114K/yr
3+ years exp
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Responsibilities
Contribute to the production and assessment of PenFed's capital plan and stress testing results in compliance with NCUA regulatory requirements.
Generate reporting materials and presentations used by the Finance team and challenge groups to diagnose and analyze the drivers impacting projected net income, the enterprise's risk profile, and net worth capital levels across a variety of scenarios.
Develop a familiarity with modeling and configuration requirements for existing and emerging PenFed financial products and initiatives.
Perform BAU and ad-hoc requests within the broader QRM modeling function, which may include model upgrade testing, validation exercises, back-testing and new product implementation.
Participate in the fulfillment of related data requests or NCUA inquiries related to the Capital Plan function.
Collaborate with cross-functional partners, including FP&A and Treasury, to ensure consistency and transparency of key modeling assumptions used within the CPST process.
Facilitate the maintenance of updated CPST process and modeling documentation that satisfies internal model risk and audit requirements.
Ability to operate within tight timelines while enforcing high standard of accuracy.
Demonstrate initiative to self-educate and cross-train.
Qualification
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Required
Bachelor's Degree in Finance or Economics
Minimum of three (3) years experience with QRM Balance Sheet Management system or similar balance sheet forecasting framework
Three (3) to five (5) years experience in banking or related field of business analysis
Fundamental understanding of financial instrument cashflow modeling, including home lending and consumer loan products, as well as retail deposits
Working knowledge of SQL or similar data query competencies used to support data validation and diagnostics
Ability to operate within tight timelines while enforcing high standard of accuracy
Demonstrate initiative to self-educate and cross-train
Preferred
Advanced Degree in related field
Background in developing or producing presentations for executive level review
Benefits
Robust medical, dental and vision plan options
Plenty of paid time off
401k with employer match
On-site fitness facilities at our larger locations
Annual Balanced Scorecard bonus subject to board discretion and approval
Annual Pay for Performance bonus
Company
PenFed Credit Union
PenFed Credit Union offers market-leading mortgages, automobile loans, credit cards and student loans.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$447.4M2024-08-29Debt Financing· $447.4M
Leadership Team
Andrea McCarren
Senior Vice President & Chief Content Officer
Brian Kukwa
Senior Vice President of Home Lending Technology
Recent News
2024-12-23
2024-12-17
Company data provided by crunchbase
