Role
Serves as a direct support to the VP of Finance and is responsible for the maintenance of the Asset/Liability Management Model (ALM) of the credit union and the Current Expected Credit Loss Model (CECL). This support includes the preparation of the ALM package and the CECL modeling various balance sheet scenarios, loan loss scenarios, and preparing analytic reports. Responsible for the maintenance of the ALM budget Module.
Major Duties and Responsibilities
- Responsible for developing Financial Models and forecasting profits.
- Identify and understand investment options while weighing risk and opportunities.
- Responsible for analyzing and reporting financial status.
- Participate in yearly and ongoing budgeting process.
- Review transactions and/or financial results for accuracy.
- Identify and drive process improvements.
- Develop and create standard ad-hoc reports and dashboards.
- Utilizes systems, internal data, and third-party resources to collaborate with co-workers in cross-functional teams to prepare relevant comparative reports and other information that promotes smart decisions for our members and adaptive planning for the organization.
- Assists in the formulation and execution of credit union policies, objectives, and programs related to asset liability management, investments, liquidity, third party reporting, budget, and financial reporting.
- Assists VP of Finance directly, and indirectly assists CFO, Controller, and their direct reports with various special projects including but not limited to preparation of written reports and spreadsheets.
- Provide input on ALM model assumptions and scenarios based on financial goals and modeling results.
- Interpret ALM model results and methodologies to internal stakeholders.
- Other duties as assigned.
Knowledge and Skills
Experience: Five to eight years of similar or related experience. Ideal candidate would have 2+ years experience with ALM. Jack Henry Performance Suite (FPS) experience would be helpful. Experience with financial software, advanced knowledge of Excel, well versed with financial databases, excellent analytical skills, able to present financial data using detailed reports, demonstrate strategic thinking skills.
Education/Certifications/Licenses: A four-year degree from an accredited college or university, in Business, Finance or related field.
Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills
Physical Requirements: Able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing/descending stairs in an emergency situation. Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on a computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable and timely attendance.
Working Conditions: Must be able to routinely perform work indoors in a climate-controlled private office with minimal noise.
This Job Description is not a complete statement of all duties and responsibilities comprising the position.
#J-18808-Ljbffr
