What are the responsibilities and job description for the Financial Analyst position at Extraco Banks, N.A.?
Job Description: Financial Analyst
Location: Waco, TX, 76710
Education Requirements: Bachelors Degree required (preferably in Finance or Accounting). CPA license preferred.
Experience: 5-7 years experience which may include financial analytics, modeling, credit, bond accounting & analytics, ALCO, budgeting and forecasting, and bond trading. Preferred experience with S&P Capital IQ, budgeting software, Cognos, ALM software, Microsoft queries, and general ledger.
Knowledge requirements: Advanced Microsoft Excel skills (required); database and query skills; ability to research; data management; solid understanding of financial statements, financial modeling, and trend experience; critical thinking, analytical, and problem solving skills; excellent attention to detail; ability to thrive in a fast paced environment; excellent communication skills; works well on a team; committed to long-term career.
Critical Tasks:
- Support the CFO in financial analysis tasks.
- Create, revise, and analyze complex financial models including stress scenarios.
- Assist with ALM reporting and modeling, including the production of ALM/IRR reports and packages.
- Assist Controller with annual budget process, ensuring proper cost center and GL input, assumptions, and output are accurate.
- Maintain budgeting and reporting software which includes developing and maintaining existing models/reports, and to facilitate revisions of reports, dimensions, tables, etc.
Significant Duties:
- Preparation and modeling of deposit and loan rate data to form basis for rate changes, and of FHLB/FRB advances for liquidity needs.
- Develop and maintain ad hoc reports.
- Gather data from various sources and aggregate into reports/analytics.
- Produce quarterly Board of Directors reports and annual strategic planning reports.
- Assist with other projects as needed.
