Financial Analyst (Financial Modeling)
Why join this team
Responsible for the identification, measurement, and monitoring of risk exposures related to the organization's financial performance. Specifically, the position is responsible for maintaining the interest rate and liquidity risk measurement and income forecasting process using a sophisticated balance sheet management system.
This position is expected to be hybrid.
NYC Salary Range - $88,190-$88,200 annually; compensation is commensurate to geographic location.
What you'll do
? Regardless of seniority or role, uphold UNFCU's mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors
? Provides critical analysis of modeling results for purposes of internal validation and explaining risk positions to management.
? Conducts the derivation, implementation, and reporting of new risk metrics.
? Ensures the integrity of the Asset/Liability Management Model's database and assumptions, and for controlling the quality and accuracy of various financial reports, including interest rate risk management reports and the financial performance forecasts.
? Maintains and updates the ALM model parameters, organizational chart of accounts, model yield curves, and rates for all rate shock/ramp scenarios.
? Compiles market data for use in the Asset/Liability Management system.
? Develops and analyzes assumptions for balance sheet and statement of earnings in order to provide earning expectations and management strategies.
? Analyzes behavior assumptions associated with non-maturity instruments, mortgage prepayments, and other financial instruments. Maintains and enhances prepayment and core deposit decay assumptions.
? Maintains ALM account attributes, operating procedures manual, and documents changes to the model.
? Runs ad-hoc "what if" scenarios.
? Conducts model benchmarking and back-testing of key model assumptions.
? Develops liquidity analyses of sources and uses of funding to ensure adequate normal and contingency scenarios.
What we're seeking
? Bachelor's degree in Finance, Business Management or similar
? Knowledge of financial accounting and analysis
? Experience with Asset-Liability Management, interest rate risk, liquidity risk and net economic value
? Knowledge of banking and capital markets
? Experience using ALM software to create forecasts (e.g. utilizing ZM Financial, Moody's, Axiom, QRM, Bancware or other ALM Software)
? Strong analytical and quantitative skills
? Excellent interpersonal skills and high detail orientation
? Strong organizational and project management skills
What makes you stand out
? Enrollment in the CFA program is preferred or will be expected during employment
Who we are
UNFCU is a global not-for-profit financial institution that serves the UN community. We are committed to providing peace of mind to our members and colleagues and strive to achieve service excellence in all that we do. The best part of UNFCU is the people. Those that choose to work with us often find personal fulfillment, professional growth and a purposeful culture.
Apply Now
Responsible for the identification, measurement, and monitoring of risk exposures related to the organization's financial performance. Specifically, the position is responsible for maintaining the interest rate and liquidity risk measurement and income forecasting process using a sophisticated balance sheet management system.
This position is expected to be hybrid.
NYC Salary Range - $88,190-$88,200 annually; compensation is commensurate to geographic location.
What you'll do
? Regardless of seniority or role, uphold UNFCU's mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors
? Provides critical analysis of modeling results for purposes of internal validation and explaining risk positions to management.
? Conducts the derivation, implementation, and reporting of new risk metrics.
? Ensures the integrity of the Asset/Liability Management Model's database and assumptions, and for controlling the quality and accuracy of various financial reports, including interest rate risk management reports and the financial performance forecasts.
? Maintains and updates the ALM model parameters, organizational chart of accounts, model yield curves, and rates for all rate shock/ramp scenarios.
? Compiles market data for use in the Asset/Liability Management system.
? Develops and analyzes assumptions for balance sheet and statement of earnings in order to provide earning expectations and management strategies.
? Analyzes behavior assumptions associated with non-maturity instruments, mortgage prepayments, and other financial instruments. Maintains and enhances prepayment and core deposit decay assumptions.
? Maintains ALM account attributes, operating procedures manual, and documents changes to the model.
? Runs ad-hoc "what if" scenarios.
? Conducts model benchmarking and back-testing of key model assumptions.
? Develops liquidity analyses of sources and uses of funding to ensure adequate normal and contingency scenarios.
What we're seeking
? Bachelor's degree in Finance, Business Management or similar
? Knowledge of financial accounting and analysis
? Experience with Asset-Liability Management, interest rate risk, liquidity risk and net economic value
? Knowledge of banking and capital markets
? Experience using ALM software to create forecasts (e.g. utilizing ZM Financial, Moody's, Axiom, QRM, Bancware or other ALM Software)
? Strong analytical and quantitative skills
? Excellent interpersonal skills and high detail orientation
? Strong organizational and project management skills
What makes you stand out
? Enrollment in the CFA program is preferred or will be expected during employment
Who we are
UNFCU is a global not-for-profit financial institution that serves the UN community. We are committed to providing peace of mind to our members and colleagues and strive to achieve service excellence in all that we do. The best part of UNFCU is the people. Those that choose to work with us often find personal fulfillment, professional growth and a purposeful culture.
Apply Now