GENERAL SUMMARY:

The Financial Analyst Sr. is responsible for assisting with the with the ongoing development, implementation and production of Kinecta Federal Credit Union’s ALM processes and systems, profitability modeling and reporting, annual budgeting process, monthly variance reports, liquidity and cash management, as well as other financial reporting and modeling needs as requested by senior management. This position will also assist with accounting and reporting needs as requested by senior management.

Required Skills Required Experience

ESSENTIAL DUTIES AND RESPONSIBILITIES:

1. Asset / Liability Management (ALM): Assists with the ALM function of the credit union. Develops and manages financial models to simulate the financial performance of the credit union. Prepares, reviews and explains accurate, timely and reliable income simulation and interest rate risk results, analyses and reporting.  
2. Financial Analyses: Oversees, develops and performs complex studies and analyses of existing and contemplated products and services. Provide results and help formulate strategy recommendations to management and the Board of Directors, as appropriate. Conducts ad hoc analysis and performs other special projects, as appropriate. Interprets and explains results of various analyses and variances.
3. Liquidity Management: Assists with the liquidity management function of the credit union. Systematically monitors and projects periodic cash requirements, deposit flows and cash availability, and funding projection requirements. Coordinates, prepares, reviews, approves and distributes periodic liquidity reports.
4. Profitability Management: Administers the credit union’s Profitability modeling process, including: the monthly update process; model assumptions; and all related balancing, validation and reconciliation activities. Oversees, prepares, reviews and explains accurate, timely and reliable product, business unit, member and channel profitability results, analyses and reporting. Responsible for ad hoc de novo branch profitability pro-formas.
5. Accounting: Assists the accounting and financial reporting departments with ad hoc needs as requested by senior management
6. Maintains a broad knowledge of financial systems, models and analysis techniques. Learns new applications and attends seminars and classes to keep abreast of new technologies.
7. Prepares monthly reconciliations including researching and resolving discrepancies.
8. Researches and explains fluctuations in income, expense, assets and liabilities monthly.
9. Identifies and implements various process improvement opportunities to increase efficiencies.
10. Supports various key organizational and departmental projects, both system and process related. Serves as key subject matter expert for projects impacting finance and accounting.
11. Works closely with other departments in maintaining the accuracy of activities being posted in the general ledger.
12. Performs other duties as required.