Financial Analyst III

Position Summary

The primary objective of the Financial Analyst III is to add significant value to TTCU, ensuring that the added value is ultimately extended to our members. The position works with the other members of the Finance department to minimize balance sheet risk and contributes to TTCU's financial strength. The Financial Analyst III provides timely, accurate information in order to facilitate effective decision making. Performs duties in compliance with regulatory requirements including, but not limited to, the Bank Secrecy Act.

Supervises: None

Essential Job Functions and Responsibilities

Lead the completion of the net interest margin and fee revenue portions of the annual budget. Communicate with the Vice President Accounting/Controller to ensure the results are properly incorporated into the overall budget results. Manage the quarterly Asset Liability Management (ALM) analysis and the quarterly ALM packets. This includes ensuring the accuracy of the input data, reviewing output reports, and interpreting the results.

Develop and analyze strategies that help TTCU achieve its financial goals. Strategies will include: deposit and loan pricing, interest rate risk management, product structures, economic feasibility analyses, and other strategies that will contribute to the financial stability and success of TTCU.

Respond to ad hoc requests for reporting by collecting, analyzing, and interpreting financial data accurately to identify trends and insights. Use Crystal, Access, and Power BI to provide quality, useful information to TTCU management.

Prepare periodic reports to be used by TTCU management, board members, and employees. Reports include member statistics, financial reports, liquidity reports, Asset Liability Management (ALM) data, board reports, account and member trends, budget variance, profitability analysis, and evaluation of existing products.

Refine and improve existing reports to improve the efficiency of production and increase the value of the report to the end user. This includes creating and managing efficient report distribution processes. Present findings and recommendations to management in a clear and concise manner.

Minimum Qualifications Educational Requirements

Bachelor's degree in Finance, Accounting, or related discipline required, MBA preferred.

Certificates/Licenses

Must have and maintain a valid driver's license.

Experience

Experience in Finance or Accounting or related work.

Experience in banking or credit union with exposure to banking operations and terminology preferred.

Position Competencies

Collaborates - Is an effective team player who adds complementary skills and contributes valuable ideas, opinions and feedback; communicates in an open and candid manner and can be counted upon to fulfill any commitments made to others on the team.

Effective Communication - Utilizes a variety of communication modalities effectively and appropriately across multiple channels.

Financial Acumen - Interprets key financial information to execute short and long term business activity; has an understanding of the resources required to achieve objectives; takes calculated risks.

Functional Expertise - Possesses a sufficient level of technical and professional skill or knowledge in position-related areas; keeps up with current developments and trends in areas of expertise; actively seeks ways to grow and be challenged using both formal and informal development activities.

Integrity & Trust - Is widely trusted; is seen as a direct, truthful individual; has credibility within their areas of expertise; keeps confidences; doesn't misrepresent themselves for personal gain.

Manage Complexity - Gathers and analyzes diverse sources of data; separates what is relevant from what is not; determines root causes; defines situations accurately before determining problems and formulating approaches to solutions; is able to accomplish complex tasks with minimal guidance or instruction.

Plan and Organize - Determines tasks, resources and schedules; leverages resources, and prioritizes work in order to establish best course of action and ensure that work is completed efficiently.

Resilient - Maintains composure under pressure; handles difficult situations effectively, maintains a positive attitude despite adversity; uses adversity as a learning opportunity.

Additional Requirements

Job Knowledge

Proven track record of completing complex financial analyses, in a credit union or bank environment, resulting in specific recommendations.

Advanced problem-solving skills and self-motivated.

Comprehensive knowledge of financial regulations and their effect on a financial institution.

Advanced knowledge with Microsoft Office (Word, Excel, PowerPoint, SharePoint, Access and Outlook).

Advanced knowledge of report writing utilizing Crystal Reports, SQL and/or other financial database software/systems Advanced understanding of Asset / Liability Management (ALM) principles.

Interpersonal Skills

Advanced written and verbal communication skills required to facilitate sharing of information with management, staff and external contacts.

Ability to create an atmosphere which promotes TTCU's Core Values by maintaining a high level of personal integrity, presenting a friendly, enthusiastic, and professional demeanor while providing extraordinary service to members and fostering teamwork among employees.

Working Conditions

Work Environment

Routinely perform work indoors in climate controlled shared workspace with moderate noise.

Perform the job independently and work effectively either on own or as part of a team.

Plan own work activity as well as the work activity of others.

Capable of regular, reliable, and timely attendance.

Physical Demands

Routinely perform primarily sedentary work with limited physical exertion, and lifting up to 10lbs.

Must be able to operate office equipment including computers, cell phone, telephone, copier, and calculators.

Routinely perform work on a computer for an average of 6-8 hours per day.

Capable of climbing/descending stairs in emergency situations.

Capable of working extended hours whenever required or requested by management on occasion.

Travel

Occasional travel by automobile for meetings, conferences, and industry related events.

Occasional travel by commercial airlines, rental vehicles, and public transportation for conferences, seminars, and industry related events.

Employee Statement of Understanding

I have read and understand the job description for my position. I understand that my supervisor may assign additional projects and/or responsibilities not covered in the description.

I am able to perform all of the essential functions of this position.

I agree to comply with the corporate compliance policy and all laws, rules, regulations, and standards of conduct relating to my position. As an employee, I understand my duty to report any suspected violations of the law or the standards of conduct to my immediate supervisor.

As an employee, I will strive to uphold the mission and vision of the organization. All employees are required to adhere to the values in all their interactions with members and fellow employees.