Contract Services Financial Risk Manager

The Bank of Missouri; Perryville (MO); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Competitive salary

Paid time off

401K plan

Insurance

Fitness reimbursement

Learning & development

Job summary

The Bank of Missouri is seeking a Financial Analyst within Contract Services to analyze financial statements, support risk assessments, and assist Relationship Managers with quarterly and annual reporting. You will work with senior professionals on advisory projects covering credit risk, capital planning, and model risk management.

Join a team that collaborates across risk and compliance, leveragingbanking software and data analytics to ensure ongoing financial viability and regulatory readiness

Qualifications

• Bachelor's degree in finance or accounting required.
• Minimum 3 years related experience or training as a financial analyst.
• Ability to read, analyze and interpret financial statements.

Responsibilities

• Work on data intensive projects to support financial risk initiatives.
• Collaborate with senior professionals on advisory projects related to risk management.
• Complete financial analysis reviews and report results to Relationship Managers and SVP.
• Follow up to ensure timely financial reporting per contract agreements.
• Provide feedback on findings, trends and recommendations.
• Prepare quarterly and annual financial reporting for risk assessments.
• Conduct reviews using audited/ interim financial statements per due diligence.
• Develop analyses and financial models using transactional/financial data.
• Prepare written analyses for each Relationship on a quarterly basis.
• Assist in regulatory examinations or requests.

Skills

Financial analysis

Data analysis

Risk management

Credit risk

Financial reporting

Stakeholder communication

Modeling

Excel/Spreadsheets

Education

Bachelor's degree in finance or accounting

Tools

Securitizations software

Warehouse lines of credit systems

Master Trusts platforms

Salesforce

Tableau

Job description

Job Details

Job Location: Remote - Perryville, MO 63775. Working at The Bank of Missouri.

About our Company

Staying in business for more than 125 years is hard. Really hard. If you think about it, we've endured many events, like the Great Depression and two World Wars. We've survived and thrived, thanks to our great customers and communities. We were founded on core values of accountability, community service and financial conservatism. Those principles are the reason we are still in business today. Caring for people and communities is our foundation!

Here are some of the great benefits you will enjoy as a member of our team:

• Competitive Salary
• Personal paid time off, as eligible and paid holidays
• 401K and Employee Stock Option Plan, as eligible
• Generous medical, dental, vision, life and disability insurance
• Fitness reimbursement
• Learning, development and growth opportunities

Summary

Responsible for analysis of financial statements provided by Contract Services existing Fintech Relationships and new prospects. Will assist Relationship Managers in spreading quarter and year-end financial statements for Risk Assessments, while providing assistance in understanding the trending, risks and opportunities of the financial statements for increased understanding of the long-term viability of the organization to fulfill their financial obligations to The Bank of Missouri. Position will also have the following duties.

Essential Duties and Job Responsibilities include the following:

• Works on data intensive projects, including analytics, governance, and manipulation, to support a variety of financial risk initiatives
• Work directly with senior professionals to execute various financial institution advisory projects related to financial risk management including credit risk, valuation, capital planning, and stress-testing, liquidity, resolution planning, and model risk management.
• Complete all financial analysis reviews assigned, reporting results to the appropriate Relationship Manager, SVP of Contract Services and SVP Contract Services Risk and Compliance Officer
• Follow-up with Relationship Managers and others as assigned, to ensure all financial reporting due is received on time per contract agreements and required timelines
• Provide feedback to the Relationship Managers, others as assigned, regarding any findings, trends, recommendations and/or actions necessary to ensure complete understanding of the results recorded
• Complete quarterly and annual Financial Reporting for all Risk Assessments and ongoing monitoring of the financial viability of any Relationship/Prospect
• Complete all financial reviews for any new identified Contract Services prospect using most recent audited financials, as well as, interim statements, as required per the due diligence procedures in the Contract Services policy
• Work with both the bank Credit Analyst team, as needed, and the Bank financial spreading software to create consistency in reporting, reviews and feedback to the appropriate team members
• Develop analyses and financial models using transactional data and/or financial data
• Prepare written analysis or summary on financial findings for each Relationship on a quarterly basis
• Assist in preparing financial reviews, as requested, for any examinations or regulatory requests

Supervisory Responsibilities

There are no supervisory responsibilities in this position.

Qualifications

Education and/or Experience: Bachelor's degree (B.A.) from four-year college or university, preferably finance or accounting; and minimum 3 years related experience and/or training as a financial analyst; or equivalent of education and experience.

Language Skills: Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures or governmental regulations. Ability to write reports, business correspondence and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customer and the general public.

Mathematical Skills: Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference and volume. Ability to apply concepts of basic algebra and geometry.

Reasoning Ability: Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

Other Skills and Abilities: Must have the ability to operate a PC, printer, copy machine, fax machine and telephone. Good working knowledge of word processing and spreadsheet software. Previous experience with Securitizations; Warehouse Lines of Credit and Master Trusts helpful but not required.

Key Contacts--Internal and External

Has frequent contact with all managerial personnel regarding their function's compliance with established financial oversight and operating procedures within Contract Services.

Has moderate contact with external auditors and regulatory authorities regarding required reports and examinations.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle, or feel and reach with hands and arms. The employee is occasionally required to stand; walk; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Comments

• Position sometimes requires the ability to work before or after normal business hours to meet deadlines and attend various meetings.
• Position may at times require travel, usually on a monthly basis, but sometimes more frequent, depending on the circumstances. The majority of the travel will either be to the Bank's headquarters in Perryville, Missouri or across the United States to visit with various Relationships.
• Knowledge or experience working with financial institution credit underwriting software/platforms a plus.
• Knowledge or experience working with Salesforce and/or Tableau, also a plus.

The Bank of Missouri is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please contact us or call toll-free 888-547-6541.