What are the responsibilities and job description for the RISK AND MODELING ANALYST position at Chemung Canal Trust Company?
Responsible for analyzing financial data, preparing reports, developing financial based models, and providing insights to support strategic decision-making. Works closely with various departments, including finance, risk management, credit, and executive leadership, to ensure the bank's financial stability and growth.
- Develop and maintain financial models to analyze and forecast the bank's financial performance; Conduct variance analysis to compare actual financial results with budgeted and forecasted figures.
- Act as owner for the commercial credit data repository and workflow system.
- Perform stress testing over various loan and credit portfolios.
- Evaluate key financial metrics and ratios to assess the banks overall financial health.
- Develop and evaluate profitability models for bank products and clients.
- Collaborate with department heads to gather relevant financial information for budgeting purposes; Assist in the preparation of the annual budget and periodic forecasts.
- Regularly monitor budget performance and provide recommendations for corrective actions when necessary.
- Assist in preparation and distribution of financial reports to internal stakeholders and regulatory authorities.
- Identify and analyze trends in the banking industry, financial markets, and economic conditions that may impact the bank.
- Provide insights and recommendations based on the analysis of market trends.
- Undertake special projects and ad hoc analysis as requested.
- Contribute to strategic initiatives by providing financial insights and support.
- Conforms to General Performance Expectations as identified for all employees
Qualifications / Requirements
Salary Range $81,000 to $134,820 annually
Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. Along with a competitive compensation program please visit the benefits section of our Careers page to view available benefits.
Chemung Canal Trust Company / Capital Bank fosters a diverse and inclusive culture where employees are able to succeed to their full potential. EEO / AA Including Veterans and Disabled
Salary : $81,000 - $134,820
