Senior Financial Analyst

Wheelhouse Credit Union; San Diego (CA); On-site; USD 80,000 - 95,000; Full time

Job summary

A financial institution in San Diego is seeking a Senior Financial Analyst to provide advanced financial insights and support. Responsibilities include budgeting, forecasting, asset-liability management, and profitability analysis. The ideal candidate will have a Bachelor’s Degree in Finance and five to seven years of experience in a financial institution. Advanced spreadsheet skills and strong communication abilities are necessary. This position plays a pivotal role in aiding management decisions through accurate financial data and reports.

Qualifications

• Five to seven years of finance-related experience in a financial institution is preferred.
• High level of proficiency in data analysis.
• Ability to handle multiple projects and deadlines.

Responsibilities

• Support daily cash management and liquidity analysis.
• Analyze investment portfolio performance and risk.
• Prepare quarterly Asset-Liability Management (ALM) reports.
• Lead the preparation of annual budget process.
• Develop and maintain branch and product profitability.

Skills

Advanced spreadsheet skills

Data analysis

Professional written and verbal communication

Collaborative skills

Organizational skills

Education

Bachelor’s Degree in Finance

Tools

Microsoft Office (Word, PowerPoint)

Job description

Following established policies and procedures and under limited direction of the Assistant Vice President of Finance and Accounting, the Senior Financial Analyst provides broad-based finance assignments requiring advanced knowledge of finance theory and accounting principles. Main responsibilities include budgeting, forecasting, ALM (Asset‑Liability Management), liquidity, investment, branch/product profitability analysis, peer reporting, cost center budget variance reporting, and ad‑hoc analysis. Provide management with information necessary for decision‑making. Ensure complete, accurate, and timely completion of financial records for the Credit Union.

Essential Duties and Responsibilities:

• Support the AVP/Finance and Accounting in day‑to‑day cash management and liquidity analysis, planning and reporting.
• Analyze overall investment portfolio for performance improvement and risk analysis. Proactively identify opportunities for enhancement while balancing risk/reward. Create various monthly investment reports/analyses. Perform due diligence on approved investment brokers and financial analysis on (Federal Home Loan Bank of San Francisco) FHLB and Corporate Credit Union (Catalyst). Ensure investment broker/brokerage files are complete and accurate.
• Prepare data for Asset‑Liability Management (ALM) quarterly reporting with a focus on accuracy, internal controls, and process improvement. Act as an initial liaison with ALM vendor for questions relating to assumptions and results. Summarize results and create ALM quarterly reports for the ALCO Committee.
• With the AVP/Finance and Accounting’s direction, leads the preparation of the Credit Union’s annual budget process. Coordinate and communicate with management to provide assumptions, information, and feedback. Develop and maintain the budget consolidation model. Create appropriate management and Board of Directors review materials for the annual budget. Develop and prepare monthly cost center budget variance reporting.
• Work closely with management to prepare and develop financial forecast and risk analyses as needed for the Leadership Team. Work closely with the AVP/Finance and Accounting to assimilate and develop economic and industry information for integration into the forecasting process.
• Responsible for the development and maintenance of branch and product profitability for the Credit Union.
• Perform financial modeling and/or relevant financial analysis projects that will enhance the Leadership Team’s understanding of financial performance.
• Analyze and prepare all credit union peer group related data and reporting.
• Responsible for developing, documenting, maintaining, and improving processes and internal controls related to finance‑related functions. Ensure process documentation and desktop procedures are accurate and are updated timely.
• Serve as a back‑up for the NCUA 5300 Call Report, streamline and improve the data collection and reporting process.
• Act as a super‑user for accounting and finance systems, develop reports to assist management and lead integration of systems as planned.
• Maintain effective communication and coordination with Credit Union personnel and with management.
• Other duties as assigned.

Knowledge, Skills, and abilities required:

• A Bachelor’s Degree from an accredited college or university, with a concentration in finance.
• Five to seven years of finance‑related experience for financial institution is preferred.
• Advanced spreadsheet skills are required. High level of proficiency in data analysis. Strong personal computer skills, including Microsoft Office (Word and PowerPoint).
• Professional written and verbal communication skills.
• Excellent collaborative skills and the ability to develop and maintain positive working relationships. Work involves extensive personal contact with others and is usually of a personal or sensitive nature.
• A high degree of organization and the ability to handle multiple projects and deadlines. A high level of motivation and initiative.
• Knowledge and understanding of the mission and vision of the Credit Union. Strictly adhere to the Credit Union’s policy of confidentiality, security, professional conduct and dress.