Sr. Credit and Financial Analyst

Sr. Credit and Financial Analyst

General Summary :

Assesses,monitors, measures, analyzes, validates, and reports on credit risk activitiesrelated to the Bank's Advance program and the Mortgage Purchase Program. Prepares complex analyses of the financialstrength and performance of all member credit related counterparties of FHLB ofCincinnati, including but not limited to, banks, credit unions, insurancecompanies, community development financial institutions, housing associates, andvendors, to measure and stratify the level of credit risk exposure created byextending credit to an institution. Preparesanalytical and statistical reports reflecting above analyses. Maintains and validates statistical databasesused in the financial analysis process. Assists in training and development of junior analysts.

Principal Duties andResponsibilities :

• Prepares periodic complex narrative financial analyses of Member institutions as well as vendors, detailing both quantitative and qualitative factors in support of an assigned risk rating conclusion.
• Leads in the development and preparation of reports and analyses of industry and District financial trends.
• Serves as a mentor and trains junior level analysts.
• Uses vendor software and other third party provided data to develop and monitor Member institution peer group statistics.
• Primarily responsible for preparing analyses of depository Member institutions, insurance companies, housing finance agencies, community development financial institutions, and high risk vendors.
• Leads in preparing internal management reports detailing high risk members and institutions (Watchlist) and risk surveillance reports for monitoring member performance trends and emerging issues.
• Processes updates to financial condition and performance data in internal systems / applications, as well as factors reliant on this data (regulatory financial data, collateral statuses, ratings, etc.).
• Reviews and / or validates the accuracy of member financial statistics used in underwriting decisions and the Bank's credit rating process.
• Prepares analyses of potential Member Affiliate Collateral Program participants and performs on-going reviews and documentation of program eligibility.
• Performs eligibility evaluations of bond investments pledged by member institutions.
• Maintains professional knowledge of financial analysis techniques used in evaluating the financial strength and performance of various types of financial institutions, including insurance companies, commercial banks, community development financial institutions, housing associates, and credit unions.
• Performs complex targeted and portfolio level reviews / monitoring of key credit risk exposures, decisions, and strategies.Leads in the production of reports and presentations that outline findings, explains risk positions, or recommends changes / improvements.
• Provides relevant oversight and advisory services to help ensure credit risk exposure is optimized and performs updates to credit risk-related policies and practices are appropriate.
• Performs above duties as well as others assigned by management.

Minimum Knowledge,Skills and Abilities Required :

Working Conditions :

Flexibilityto work outside normal business hours if required to complete time sensitiveprojects.

Notation : Thisposition has been identified as "high risk" as outlined in the Bank'sBackground Check policy. Individuals occupying this position will be requiredto submit to a background check biennially. Such repeat background check(s) are considered a "condition of continuedemployment".