Financial Analyst/Financial P&A

Description

Join Blue Sky Bank's Dedicated Team as a Financial Analyst!

About Blue Sky Bank: For over a century, Blue Sky Bank has stood as a beacon of excellence in the banking industry. Our unwavering commitment to fostering a culture where employees thrive has been pivotal in our continuous growth and success. We believe in creating an environment where hard work, positivity, and professionalism are celebrated.
 

Why Choose Us:

• Empowerment and Growth: Join a team that values your skills and offers opportunities for professional advancement within a supportive and collaborative work culture.
• Community Engagement: Contribute to a bank that actively participates in community initiatives, making a meaningful impact beyond banking.
• Innovation and Excellence: Be part of a forward-thinking organization that encourages new ideas and champions innovation in the banking sector.

SUMMARY

The Financial Analyst is a financial professional who provides analytical support to senior management of Blue Sky Bank. This position supports funding decisions for the bank by analyzing cash flow projections, asset and liability obligations, and income projections. The position is responsible for producing financial forecasts, supporting the budget process, and assisting with multi-year financial projections. In addition, the Financial Analyst assists with providing information to executive management and the Asset Liability Committee related to the interest rate, liquidity, and capital risk exposures by working with third party service providers to model these risks. 

PRIMARY RESPONSIBILITIES

• Reviews the daily financial position of the bank and determines adequacy of funding available to support business activities. Communicates liquidity needs to the Financial Planning & Analysis Manager and Chief Financial Officer. With the manager’s support, executes movement of funds to ensure compliance with liquidity requirements. 
• Provides key analytical support to the finance team. Organizes complex information in a clear and compelling way suitable for management’s use. 
• Develops liquidity sources and uses models to project funding needs over a time horizon. 
•  Works with lending executives to understand funding needs from loan pipeline and updates liquidity projections accordingly. 
• Manages the bank’s contingency funding sources including Intra-fi products, brokered deposits, and listing services to ensure availability of funding. 
• Supports financial reporting including the production of the monthly financial report and various schedules for the monthly board report. 
• Provides analytical support to the forecasting and budgeting process by maintaining key assumptions within the bank’s budget and forecasting tool. 
• Analyzes the interest rate, capital, and liquidity risk of the bank by developing and maintaining models that provide insight into financial impact under various stress scenarios. 
• Provides a high level of responsiveness to ad-hoc requests from management, including presentation development, business analysis, and overall finical deliverables. 
• Performs other duties and responsibilities as assigned and requested by management. 
• Recognizes red flags, scams, fraud, phishing, etc.
• Stays current on applicable banking regulations and security procedures and practices to prevent fraud or other bank losses and to comply with regulatory requirements.
• Performs responsibilities during Bank hours by being physically present in the Bank an average of 40 hours each week based on business needs. 
• Travels between branches as needed.
• Performs other responsibilities as assigned by management.

Requirements

 QUALIFICATIONS 

• Education: Bachelor’s degree.
• Experience: 1-3 years of experience as a Financial Analyst.
• Valid driver's license, proof of insurance, qualifying motor vehicle record report, and reliable transportation.  
• Proficiency with financial applications including Microsoft Excel. 
• Ability to calculate figures, numbers, and amounts typical of those in the banking industry. 
• General understanding of banking practices and principles. 
• Exercise discretion and independent judgment. 
• Ambition to continually learn and improve on existing skillset. 
• Maintains confidentiality.
• High level of professionalism and integrity. 
• Flexible, adaptable, and willing to continuously learn. 
• Strong analytical and problem-solving abilities. 
• Excellent written and verbal communications skills.  
• Work both independently and as part of a team. 
• Exceptional organizational skills, with the ability to prioritize and execute multiple tasks and projects simultaneously and accurately while meeting deadlines and demonstrating follow-through. 
• Strong work ethic and attention to detail.