Senior Financial Analyst - Crestline, United States - Weokie

Description

This job was posted by : For more information,please see:

Revised: 05/02/2024

Salary Grade:

Exempt Reports To:
Chief Financial Officer

Department:
Finance #
Supervised Staff: 0

Mobile Device Eligible:
Yes Laptop Cell Phone

The Senior Financial Analyst is responsible for executing WFCUsfinancial forecasting, planning and analysis functions, the purpose ofwhich is to steer the credit union toward its Vision and StrategicPriorities using accurate, data based, decision-making models.

They arealso responsible for maintaining WFCUs asset liability management,liquidity management, and investment programs, the purpose of which isto support financial security of the credit union and increase membervalue.

Financial Reporting and Analysis:
Work closely with the Accounting department to prepare accurateand timely financial reports, including financial forecasts, ona monthly basis.
Conduct comprehensive financial analyses to identify trends,opportunities, and areas for improvement. Present findings tothe CFO and/or other members of the Executive Leadership Team,providing valuable insights and recommendations.
Prepare and develop ALCO, Board, and Investment Committee reportpackages and meeting content, including peer and scenarioanalyses.


Asset Liability Management:
Prepare data files for quarterly ALM Report as required by thecredit unions ALM consultants.
Work with ALM consultants to design what-if ALM scenarios to bettermitigate the credit unions interest rate and liquidity risks.
Evaluate quarterly ALM Reports for accuracy and reasonableness. Workwith ALM consultants to resolve any material discrepancies.

Budgeting and Forecasting:
Collaborate with department heads to develop annual budgets andlong-term financial forecasts that align with the credit union\'sstrategic objectives.
Assist department heads in monitoring and tracking budgetperformance regularly, identifying any material discrepancies andrecommending corrective actions when necessary.
Assess the financial implications of proposed projects, initiativesand marketing campaigns, assisting with cost-benefit analysis tosupport decision-making. Assist department heads with evaluating thefinancial success of these items post-implementation.

Investment Management:

Assist the Investment Committee in overseeing the credit union\'sinvestment portfolio, ensuring it aligns with the credit union\'srisk tolerance and financial goals.

Analyze investment strategies, as needed, and evaluate if an actionshould be executed in order to optimize total returns whilemitigating risks appropriately.

Monitor liquidity levels and cash flow projections to ensure the creditunion maintains sufficient funds for daily operations and unexpectedcontingencies.
Implement liquidity management functions, including analysis andreporting, policy and regulatory compliance,\\

PI
\\WEOKIE Federal Credit Union is an Equal Opportunity Employer and doesnot discriminate against any applicants for employment based on theirrace, color, religion, sex (including pregnancy, sexual orientation, orgender identity), national origin, age, physical or mental disability,genetic information, veteran status, uniformed service member status, orany other status protected by law.

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