Financial Analyst 1

Recruiter
Arrowhead Credit Union
Location
Rancho Cucamonga
Salary
Competitive
Posted
14 Sep 2020
Closes
22 Sep 2020
Contract type
Permanent
Hours
Full time
Job Title: Financial Analyst 1 Department: FinanceSupervisory Role: No FLSA: Non–ExemptSupervisor's Title: VP Finance Date: March 2020Position SummaryProvides support for all functions related to the finance and regulatory reporting process for the Credit Union. Assists management with investment accounting and financial reporting. Supports management in accounting and finance meetings including the preparation of minutes, and administration of financial and regulatory reporting.Essential Functions and ResponsibilitiesPersonally, provides exceptional Member service; uses Service Standards in every work–related interaction.Posts and reconciles investments and related cash journal entries as needed.Maintains monthly Investment reports.Assists in the development and maintenance of the budget spreadsheets.Provides support to the Finance Department in the Budgetary process.Maintains all portfolio reports in excel and updates pivot tables as needed – including but not limited to the 5300 Loan report, Investment, report, Charge off & Recovery Reports.Responsible for the maintenance of all Financial database for the Finance department.Calculates impairments in Tvalue as needed.Prepares data analysis related to monthly, quarterly and annual Financial reports.Documents various system and process procedures for the Finance departments.Assists in the preparation of the 5300 Call Report; updates schedule(s) necessary for the completion of the Call Report.Prepares and submits regulatory reports as needed.Maintains and reports rate changes from Rate Watch and for internal users.Assist with monthly, quarterly and annual reports and provides support using data analysis. Reports can include, but are not limited to: liquidity reports, investment reports, regulatory reports, etc.;Serves as backup to Asst. Finance Manager, including investment portfolio management, borrowing management, and various report preparation.Regular and predictable attendance and punctuality.Maintains a working knowledge of Bank Secrecy Act (BSA)/Anti–Money Laundering (AML) laws/regulations and Office of Foreign Asset Controls (OFAC) applicable to area of responsibility.Other duties deemed as necessary by the Supervisor to achieve the goals of the department and the credit union.Positions directly supervised: This position has no supervisory responsibilities.Qualifications: To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.Competencies for this positionAttention to Detail.Calm under Pressure.Communication Proficiency.Critical and Analytical Thinking.Ethical Conduct.Knowledge Retention.Member Service Focus.Multi–Tasking.Organization Skills.Phone/E–mail Etiquette.Problem Solving/Analysis.Relationship Management.Self–Initiative.Sense of Urgency/Fast Pace.Technical Capacity.Telephone Etiquette.Time Management.Thoroughness/Accuracy.Specific knowledge, skills, and abilities required for this positionAbility to read and interpret documents such as procedure manuals, policies and memorandums; ability to write routine correspondence and communicate effectively and tactfully, orally and in writing with Team Members and Members, vendors and management; must possess the ability to speak clearly so others can understand; basic math, and problem–solving skills; basic typing and data entry skills, effective interpersonal, ability to express ideas orally and effectively and speak clearly in individual or group situations ; ability to use correct English grammar, punctuation, and spelling; produces written information which may include technical material that is appropriate for intended audience; intermediate skills operating personal computer including Microsoft Office Suites of Word, Excel, Outlook, PowerPoint and navigating the internet. Ability to perform accurate data input into a variety of software programs; strong knowledge of Excel and pivot tables is required, and prior experience with Symitar system is a plus.Ability to work independently yet possesses communication skills for professional interactions at all employment levels; appropriate oral, written and interpersonal communication skills and presentation skills; ability to perform standardized and statistical computation; ability to plan and complete assignments with deadlines. Possess a basic understanding of the following: structure of the credit union's balance sheet and income statements; Asset–liability management, ProfitStar and more specialized knowledge of the Symitar core accounting system preferred.Ability to assume responsibility, display initiative, exercise good judgement and make and act upon decisions with minimal supervision. Ability to make sound business decision on complex issues; knowledge of Federal Regulations and compliance; Ability to provide courteous, knowledgeable and professional member service both in person and on the telephone. Ability to work in a high demand, deadline sensitive atmosphere; ability to be flexible and able to work in a focused multi–task environment; monitors and checks work for precision, clarity and completeness; produces quality results; ability to take responsibility to own learning and development by acquiring and refining of technical and professional skills needed in job–related areas. Ability to work cooperatively with others as part of a formal or informal team to accomplish Credit Union goals; ability to respect the needs, ideas, and contributions of others, ability to follow up on Member or Team Member complaints, questions or requests.Education/Experience: High school diploma or its equivalent and a Bachelor's degree in Accounting, Business Administration, or Finance is required; along witha minimum of two (2) years of similar experience in a financial institution, preferably a credit union. Eight years of directly–related experience can be substituted for the degree.Compliance: Ability to maintain a proficient knowledge and compliance of all applicable rules and regulations under BSA/AML and OFAC regulations. This includes, but is not limited to: Bank Secrecy Act; SAFE Act; Anti Money Laundering; Regulation CC; and Regulation Z.Language Skills: Ability to communicate and understand written and oral language and the ability to effectively present information. Ability to read and interpret documents such as policy/procedures.Mathematical Skills: Ability to calculate figures and amounts such as discounts, interest, and percentages. Ability to perform basic math skills to include adding, subtracting, multiplying and dividing using whole numbers, common fractions, and decimals. Ability to use a basic calculator.Reasoning Ability: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interp

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