Primary Function:Under the general direction of the Controller, responsible for assisting in preparation, coordination, and documentation of financial analysis and reporting projects. Provides analytical support for forward-looking financial and business-related projects. Assists in the preparation of forecasts and analysis of balance sheet trends as well as management and regulatory reporting. Essential Duties and Responsibilities:
- Gather data and perform analyses in support of the production of balance sheet and net interest income forecasts and related liquidity and interest rate risk.
- Coordinate asset/liability management processes including but not limited to interest rate risk and liquidity modeling and Asset/Liability Committee (ALCO) reports.
- Prepare rolling cash forecasts to support the management of daily cash position in adherence to policy and balance sheet strategy.
- Assists in management of the credit union's investment portfolio including but not limited to pre-purchase analysis, accounting, and management/regulatory reporting.
- Maintain and update Current Expected Credit Loss (CECL) model in coordination with lending staff, documenting reasons for impact on the overall allowance.
- Analyzes the credit union's operating budget monthly and provides reports to management identifying key variances to budget and historical trend.
- Analyzes current and past financial data in comparison with peers and report findings to management.
- Performs profitability analyses for existing and new products and services.
- Supports marketing and business segment efforts to monitor and manage member, branch, and business segment profitability.
- Generates various financial and regulatory reports pertaining to the credit union's investment portfolio, overall budget and financial performance on a daily, monthly and quarterly basis.
- Keep abreast of accounting, regulatory, tax, audit and industry developments. Assesses impact on accounting and financial management operations and participates in decisions regarding these developments.
RequirementsKnowledge, Skills, and Experience Required:
- Bachelor's degree in business, accounting or finance or equivalent specialized coursework and training
- At least 2 years of experience with financial reporting and analysis
- Advanced Excel skills
- Solid analytical, problem solving and organizational skills
- Excellent attention to detail
- Demonstrated ability to work independently and meet deadlines
- Experience with Fiserv Prologue Financials is preferred
Note: The above is a description of the ordinary and essential duties of the position. Other duties both related and unrelated to the above may be assigned and therefore required. WORK ENVIRONMENTThe work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. This position will be set up to work remotely and in the office. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet.PHYSICAL DEMANDSThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is occasionally required to stand, walk; use sufficient hand, arm and finger dexterity or feel objects, tools or controls. The employee must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision.SCU Credit Union is an equal employment opportunity employer.Salary Description 58000-69000