Junior Financial Analyst

At Blue, we discover pathways to realize your possibilities! Our Junior Finance Analyst performs complex Asset Liability Management (ALM) functions; measures and monitors financial and liquidity risks; conducts financial, statistical and analytical studies (what ifs); prepares and assists in the preparation of financial reports and ALCO information; engages in continuous financial forecasting and preparation of the annual budget; carries out general investment portfolio management and analysis; other related duties as assigned.

Major Duties and Responsibilities

• Analyzes, monitors and informs of the financial position of the credit union using complex asset-liability management (ALM) techniques, including net economic value (NEV) and dynamic net interest income (NII) forecasts and stress tests. Coordinates and directs the implementation of complex assumptions for ALM Modeling.
• Assembles recurring data needs into functional and fully-automated dashboards. Continually evaluates the dashboards and determines necessary changes to them.
• Monitors the credit union’s balance sheet and income statement and makes recommendations for actionable changes to senior management of noteworthy or concerning trends. Evaluates and recommends strategic borrowings for the credit union.
• Produces and maintains a rolling 24-monthly balance sheet and income statement forecast for use by Senior Management. Performs what-if analyses as appropriate. Produces annual budget in conjunction with Senior Management. Prepares monthly financials in coordination with the Finance and Accounting Departments for the credit union.
• Prepares and presents reports to management as needed.
• Interpret and recommend investment decisions by analyzing financial information to forecast business, industry or economic decisions. Processes investment transactions and monitors monthly reports.
• Analyzes and monitors credit union liquidity and makes recommendations for necessary action.
• Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Knowledge and Skills

Experience

Three years to five years of similar or related experience, including preparatory experience.

Education/Certifications/Licenses

A college degree.

Interpersonal Skills

A significant level of trust, credibility and diplomacy is required. In-depth dialogues, conversations and explanations with customers, direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature. Communications may involve motivating, influencing, educating and/or advising others on matters of significance.

Other Skills

Knowledge of accounting principles generally accepted in the United States of America, characteristics of financial assets and liabilities, and statistical analysis. Ability to work standard personal computers (including peripheral equipment), ten-key calculator, typing 30-40 words per minute, view a computer terminal for varying periods of time, and to learn and retain the proper use of office equipment, including facsimile machines and photocopies. Must be able to work with various PC software. Strong ability to read, analyze and interpret financial reports and legal documents; performs complex calculations; effectively researches, analyzes and evaluates information to make decisions, solve problems and achieve goals; strong project management skills desired.

FULL TIME POSITION

Starting Range: $62,342.04 - $69,763.72

Full Range: $59,373.38 - $89,060.07

ADA Requirements

Physical Requirements

Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in emergency situation. Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours 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 climate-controlled shared work area with minimal noise.

Mental and/or Emotional Requirements

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.

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At Blue Federal Credit Union, we don’t just accept difference – we celebrate it! We are committed to providing an inclusive and welcoming environment for all our staff and members. Blue FCU is proud to be an equal opportunity workplace. We will consider applicants for this position without regard to any category protected by applicable federal, state or local law, including but not limited to race, color, religion, sex (including pregnancy), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factors. All employment decisions are made based on qualifications, merit, and business need.