Financial Analyst - Asset & Liability Management (will consider a senior)
Company Description
STCU is consistently rated one of the top-performing credit unions in the nation, and has been named one of Fortune Magazine's Great Places to Work. We look for employees who have a strong desire to serve others, are lifelong learners, are committed to working hard, have a fun-loving attitude, and who want to make a difference in our members' lives. We love people who share our core values: Joyfulness, generosity, belonging, goodness, and striving. We believe in being a force for good in the community, while helping members achieve their financial goals and dreams.
STCU offers excellent benefits:
• Paid time off-plus 11 paid holidays!
• Medical, dental, vision and life insurance
• Training and career development
• Success sharing plan
• 401(k) matching contributions
• Tuition reimbursement
An overview of the benefits can be found here or here: https://stcu.org/here-for-good/about-stcu/careers/benefits
Salary range: $7,075.83 - $10,072.67 per month
Job Description
• **This position can support a fully remote role for those who meet the job qualifications if you live in Eastern Washington/Oregon, North Central Washington, Tri Cities, North Idaho, Colorado, Florida, Georgia, Texas, Virginia, and or Wyoming.
The ALM Analyst specializes in Asset Liability Management (ALM) modeling and analysis, performs in-depth financial analyses to assist with business decisions, completes financial reporting internally to the Board of Directors and Leadership Team as well as external regulatory entities, forecasts the balance sheet and income statement in alignment with the strategic plan, and supports all areas of the finance department.
Core Job Requirements/Outcomes
• Model and analyze the organization's asset and liability positions by assessing interest rate risk, liquidity risk, and other key financial indicators, as well as providing valuable insights and recommendations based on ALM analysis.
• Assist leadership in making informed decisions by conducting in-depth financial analyses to uncover meaningful insights, recommend strategic actions, and effectively communicate findings through presentations and reports, utilizing SQL, data warehouse resources, and data visualization tools to extract, compile, analyze, and present data in a clear and actionable way.
• Prepare timely and accurate financial reports that meet all deadlines and comply with applicable governmental regulations by ensuring initial reporting accuracy and continuously suggesting and implementing process efficiencies to drive improvement.
Other Essential Functions
• Perform ALM modeling and analysis, ensure timely and accurate completion of ALM-related processes, and implement process improvements and efficiency enhancements within the function.
• Accurately budget balance sheet and/or income statement general ledger accounts by partnering with internal departments, accurately forecasting future activity in GLs, and communicating regarding variances to plan.
• Support departmental or credit union wide initiatives and projects by contributing as an effective project team member and complete all tasks and assignments in a timely manner.
• Provide support for functions within the department including cross-training on other analyst job duties and covering when needed.
• Represent the Finance department by providing timely, professional, and friendly communication to all we encounter.
• Ensure proper accounting by keeping current with GAAP and making recommendations for changes in policies and procedures to maintain compliance.
Qualifications
Education: Bachelor's degree in Accounting or Finance required.
Job Experience: Minimum of two years' experience in an accounting or finance position, preferably in a financial institution or in a public accounting/auditing position. Proven ability to work independently while demonstrating competency in communication and time management skills.
Software Skills: Proficient knowledge of MS Office programs including Outlook, Word, Excel, and Teams. Proven experience with report writing and/or data base (SQL, data warehouse).
Physical Demands: Must be able to regularly talk, hear and operate a computer, keyboard and mouse and occasionally lift, pull/push and carry up to 10 pounds with accommodations.
Work Conditions: Exposure to constant or intermittent sounds at a low or moderate level consistent with an office setting. Exposure to high-stress, fast-paced, deadline-oriented environment.
Additional Information
Ready to apply? Click on I'm interested!
Apply Now
Apply Now
STCU is consistently rated one of the top-performing credit unions in the nation, and has been named one of Fortune Magazine's Great Places to Work. We look for employees who have a strong desire to serve others, are lifelong learners, are committed to working hard, have a fun-loving attitude, and who want to make a difference in our members' lives. We love people who share our core values: Joyfulness, generosity, belonging, goodness, and striving. We believe in being a force for good in the community, while helping members achieve their financial goals and dreams.
STCU offers excellent benefits:
• Paid time off-plus 11 paid holidays!
• Medical, dental, vision and life insurance
• Training and career development
• Success sharing plan
• 401(k) matching contributions
• Tuition reimbursement
An overview of the benefits can be found here or here: https://stcu.org/here-for-good/about-stcu/careers/benefits
Salary range: $7,075.83 - $10,072.67 per month
Job Description
• **This position can support a fully remote role for those who meet the job qualifications if you live in Eastern Washington/Oregon, North Central Washington, Tri Cities, North Idaho, Colorado, Florida, Georgia, Texas, Virginia, and or Wyoming.
The ALM Analyst specializes in Asset Liability Management (ALM) modeling and analysis, performs in-depth financial analyses to assist with business decisions, completes financial reporting internally to the Board of Directors and Leadership Team as well as external regulatory entities, forecasts the balance sheet and income statement in alignment with the strategic plan, and supports all areas of the finance department.
Core Job Requirements/Outcomes
• Model and analyze the organization's asset and liability positions by assessing interest rate risk, liquidity risk, and other key financial indicators, as well as providing valuable insights and recommendations based on ALM analysis.
• Assist leadership in making informed decisions by conducting in-depth financial analyses to uncover meaningful insights, recommend strategic actions, and effectively communicate findings through presentations and reports, utilizing SQL, data warehouse resources, and data visualization tools to extract, compile, analyze, and present data in a clear and actionable way.
• Prepare timely and accurate financial reports that meet all deadlines and comply with applicable governmental regulations by ensuring initial reporting accuracy and continuously suggesting and implementing process efficiencies to drive improvement.
Other Essential Functions
• Perform ALM modeling and analysis, ensure timely and accurate completion of ALM-related processes, and implement process improvements and efficiency enhancements within the function.
• Accurately budget balance sheet and/or income statement general ledger accounts by partnering with internal departments, accurately forecasting future activity in GLs, and communicating regarding variances to plan.
• Support departmental or credit union wide initiatives and projects by contributing as an effective project team member and complete all tasks and assignments in a timely manner.
• Provide support for functions within the department including cross-training on other analyst job duties and covering when needed.
• Represent the Finance department by providing timely, professional, and friendly communication to all we encounter.
• Ensure proper accounting by keeping current with GAAP and making recommendations for changes in policies and procedures to maintain compliance.
Qualifications
Education: Bachelor's degree in Accounting or Finance required.
Job Experience: Minimum of two years' experience in an accounting or finance position, preferably in a financial institution or in a public accounting/auditing position. Proven ability to work independently while demonstrating competency in communication and time management skills.
Software Skills: Proficient knowledge of MS Office programs including Outlook, Word, Excel, and Teams. Proven experience with report writing and/or data base (SQL, data warehouse).
Physical Demands: Must be able to regularly talk, hear and operate a computer, keyboard and mouse and occasionally lift, pull/push and carry up to 10 pounds with accommodations.
Work Conditions: Exposure to constant or intermittent sounds at a low or moderate level consistent with an office setting. Exposure to high-stress, fast-paced, deadline-oriented environment.
Additional Information
Ready to apply? Click on I'm interested!
Apply Now
Apply Now