Strategic Financial Analyst – ALM, Forecasting & Insights

Socket.dev; Bellingham (WA); On-site; USD 44,000 - 62,000; Full time

Benefits offered by this job

Medical benefits

401(k) with 8% contribution

Bonus plan & vacation

Job summary

WECU in Bellingham, WA seeks a Financial Analyst to join its Finance team full-time. You will identify financial opportunities, support profitability analyses, asset/liability management, and pricing for loans and deposits, using BI tools to inform management and internal customers.

You will collaborate across departments, prepare forecasts, participate in ALM modeling improvements, budgeting, and reporting, and help develop strategic plans.

Qualifications

• Bachelor’s degree in business, accounting, statistics, economics, or finance.
• A minimum of two years’ experience working with basic accounting and/or finance principles.
• Familiarity with SQL, SSRS and database applications preferred.
• Advanced/expert use of Excel required.
• Demonstrated ability to meet deadlines in a fast-paced work environment.
• Ability to think strategically, critically, and solve complex business problems.

Responsibilities

• Perform day-to-day investment activities under the guidance of ALCO and the VP, Finance and Accounting.
• Conduct research regarding new services, products, and operating policies.
• Conduct market research for WECU, both internally and externally.
• Provide senior management with statistics and information for board and managerial reports.
• Measure, analyze and communicate the costs and benefits of products, services, programs, and departments presently in place and proposed.
• Participate in the process of updating and maintaining our ALM modeling system, including ongoing improvements and compliance with best practices regarding ALM modeling.
• Participate in budgeting, forecasting, investing, derivatives, or financial reporting as needed.
• Assist with researching and preparing WECU’s strategic business plan and financial projections.
• Assist in the development of ALM modeling assumptions regarding the volumes of business which could be expected under the current business plan and under alternative strategies, each in conjunction with each of the scenarios for possible rate conditions.
• Assists in collecting and providing ALM, budget, and other accounting-related information during internal, external, and regulatory audits.
• Assists staff in completing project-related budgets and return-on-investment analysis.
• Monitors and reports our deposit rates, including certificate and IRA rates, as compared to our competitors to ALCO.
• Attends ALCO committee meetings and other committee or management meetings on request.
• Follows policy and procedures related to Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP) and Customer Due Diligence (CDD) daily to ensure compliance with current regulations.

Skills

SQL

SSRS

Advanced Excel

Strategic thinking

Deadline-oriented

Education

Bachelor's degree in business, accounting, economics, statistics, or finance

Tools

SQL

SSRS

Job description

WECU in Bellingham, WA seeks a Financial Analyst to join its Finance team full-time. You will identify financial opportunities, support profitability analyses, asset/liability management, and pricing for loans and deposits, using BI tools to inform management and internal customers.

You will collaborate across departments, prepare forecasts, participate in ALM modeling improvements, budgeting, and reporting, and help develop strategic plans.