Financial Analyst
State Employees Credit Union of New Mexico
Date: 7 hours ago
City: Santa Fe, NM
Contract type: Full time
Position Title: Financial Analyst
REPORTS TO: Chief Financial Officer
SUPERVISES: N/A
JOB STATUS: Exempt
JOB GRADE 11: $54,560.88 thru $68,201.10 Targeted Salary Rate
Job Summary
This employee is responsible for analyzing the credit union's financial performance, performing reports, and providing insights to guide strategic decision-making. The Financial Analyst works closely with the Chief Financial Officer (CFO) to evaluate financial data, identify trends, and create forecasts to ensure the credit union's continued financial health and compliance with all regulatory standards.
All employees of State Employees Credit Union are proactive, result driven, and fully committed to the Credit Union's mission and vision. They strive to achieve the highest standards of excellence and consistently exceed the expectations established by Credit Union Management.
Duties/Responsibilities
Must be capable to execute all terms and conditions set forth in the Employee Handbook, including but not limited to:
Applications must be received by Human Resources
State Employees Credit Union of New Mexico is an Equal Opportunity Employer
Equal Opportunity Employer, including disabled and veterans.
REPORTS TO: Chief Financial Officer
SUPERVISES: N/A
JOB STATUS: Exempt
JOB GRADE 11: $54,560.88 thru $68,201.10 Targeted Salary Rate
Job Summary
This employee is responsible for analyzing the credit union's financial performance, performing reports, and providing insights to guide strategic decision-making. The Financial Analyst works closely with the Chief Financial Officer (CFO) to evaluate financial data, identify trends, and create forecasts to ensure the credit union's continued financial health and compliance with all regulatory standards.
All employees of State Employees Credit Union are proactive, result driven, and fully committed to the Credit Union's mission and vision. They strive to achieve the highest standards of excellence and consistently exceed the expectations established by Credit Union Management.
Duties/Responsibilities
- Support the CFO in day-to-day cash management and liquidity analysis, planning, and reporting.
- Analyze overall investment portfolio for performance improvement and risk analysis. Proactively identify opportunities for enhancement while balancing risk and reward.
- Create various monthly investment reports/analyses.
- Prepare data for Asset-Liability Management (ALM) quarterly reporting with a focus on accuracy, internal controls, and process improvement. Act as an initial liaison with ALM vendor for questions relating to assumptions and results. Summarize results and create ALM quarterly reports for ALCO committee.
- With the CFO's direction, lead the preparation of the Credit Union's annual budget process. Coordinate and communicate with management to provide assumptions, information, and feedback.
- Develop and maintain the budget consolidation model. Develop and prepare monthly budget variance reporting.
- Work closely with management to prepare and develop financial forecast and risk analyses as needed for the senior leadership team.
- Work closely with the CFO to assimilate and develop economic and industry information for integration into the forecasting process.
- Responsible for developing, documenting, maintaining, and improving processes and internal controls related to finance-related functions.
- Perform other duties as assigned.
- Excellent verbal and written communication skills, with the ability to convey complex financial data clearly.
- Knowledgeable of financial reporting, budgeting, forecasting, and variance analysis.
- Strong strategic thinking, analytical, and organizational skills.
- Advanced knowledge of Excel and financial software; experience with credit union or banking systems preferred.
- Knowledgeable of regulatory requirements and compliance issues related to credit union operations, such as those set by the National Credit Union Administration (NCUA) and other relevant financial regulatory bodies.
- Demonstrate patience, tact, enthusiasm, and a positive attitude toward staff, Members, and general public.
- Job Related Travel - As required.
- Education or experience equivalent to a bachelor's degree in accounting, Finance, or similar field, in addition to 3 to 5 years' of progressively responsible experience.
- Experience with financial institutions is preferred but not required.
Must be capable to execute all terms and conditions set forth in the Employee Handbook, including but not limited to:
- Work in a safety conscientious manner which ensures that safe work practices are used in order not to pose a risk to self or others in the workplace.
- Adhere to policy on Drug Free Workplace.
- Comply with company policies and procedures and local, state and federal regulations.
- Prolonged periods of sitting at a desk and working on a computer.
- Must be able to lift up to fifteen (15) pounds at times.
- Must be able to access and navigate credit union facilities.
Applications must be received by Human Resources
State Employees Credit Union of New Mexico is an Equal Opportunity Employer
Equal Opportunity Employer, including disabled and veterans.
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