Financial Analyst

Job Description

Energy One Federal Credit Union is seeking a detail-oriented and analytical Financial Analyst to join our team. This role develops and maintains financial reports related to loans, deposits, investments, and other key areas of the credit union’s financial performance. Working closely with the Vice President of Business Intelligence, the Financial Analyst turns data into valuable insights that help leadership manage assets and liabilities, monitor financial trends, and make informed business decisions.

Essential Functions & Responsibilities

• Creates new reports and maintains existing reports with accuracy. Such reports include loans, deposits, portfolio concentrations and investments. Additional reports with custom needs are included.
• Analyzes various reports and data to help aid the management team in making tactical and strategic changes for the credit union. Works with management to keep the Allowance for Loan Loss calculations accurate and funded.
• Researches, creates and analyses loan and deposit rates from competitors. Creates weekly and monthly pricing analysis and reporting to aid in the ALCO efforts to determine changes as needed.
• Completes assigned accounting reconciliations for month-end and quarter-end closings. Works with the controller to complete within dates given.
• Works with accounting and finance managers to develop and manage the yearly budget. Calculates budget variance reports to monitor quarterly.
• Works with management to develop ALM packages to review and address during ALM committee meetings.
• Works with the Vice President of Business Intelligence to review and adjust investments within portfolio to maximize return to the credit union.

Performance Measurements

• Ensure needs are met by recommending appropriate actions for end-users to analyze.
• Maintain high level of confidentiality with regard to proprietary information.
• Ensure all transactions are carried out in an accurate and timely manner in accordance with relevant policies and procedures.
• Provide informed, professional and accurate service and support to all members and associates.

Benefits

• 401(k)
• 401(k) matching
• Health, Dental, and Vision Insurances
• Paid Time Off
• Life Insurance
• Short and Long Term Disability Insurance
• Flex Spending Account (FSA)

Knowledge and Skills

Experience

One to two years of similar or related experience.

Education

A college degree.

Interpersonal Skills

Courtesy, tact, and diplomacy are essential elements of the job. Work involves personal contact with others inside and/or outside the organization, generally regarding routine matters for purposes of giving or obtaining information which may require some discussion.

Other Skills

1. Four-year degree in Business, Finance, or related field.

2. Strong analytical and communication skills required.

3. Must be proficient with general office equipment and computer/software including Excel.

Work Environment

: Must be able to work in an office setting where long period of sitting at a desk occur.

Full Time Position - Not a Remote Position

Schedule & Work Hours: Monday through Friday