Financial Analyst II, Chelmsford or Marlboro, MA, Full-Time, Hybrid

Schedule

Monday-Friday 8-5 (40 hours) Hybrid 5 days/month in-office

What You'll Do

Summary/Objective:

Provide analytical support efforts to the accounting and finance department. Prepare, understand, and review financial statements, profit modeling, balance sheet risk management and mitigation planning, interest rate and liquidity risk analytics, and provide associated regulatory compliance support.

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Prepare and analyze monthly, quarterly, and annual reporting requirements.
• Ensure the accuracy and timeliness of the preparation of reporting requirements, assigned analysis, and projects.
• Delivers moderately complex to complex financial research and value-added business decision support and recommends or implements solutions to key financial and operational opportunities, with little to no supervision.
• Provide robust statistical analytics to support portfolio modeling, member behavior, pricing sensitivity, pricing studies. Continuously improve analytical capability of the team to provide insightful and relevant recommendations to drive business decision making.
• Ensure the accuracy and timeliness of the preparation of assigned analyses and projects.
• Ensure all work produced is consistent and compliant with all relevant professional and accounting standards, regulatory requirements, and best practices.
• Review financial statements and related comprehensive analyses for variances and trends.
• Demonstrate innovation in collaborating with other departments to develop effective financial data and reports from various systems.
• Enhance, improve, and maintain written procedures for the accounting/finance department.
• Initiate, develop and maintain financial and operational accounting efficiencies.
• Provide innovative ideas to the accounting/finance department as well as improve efficiencies to various aspects of the department.
• Assist in the coordination and preparation of third party audit and review materials.
• Assist in the implementation of changes in accounting/finance (for systems and reporting) as well as the implementation of new accounting standards and policies.
• Perform ad hoc projects and analyses for credit union management.
• Perform other job-related duties as assigned.
• Complete all required Bank Secrecy Act related training annually and maintain knowledge of current BSA policies, specifically those related to cash handling (CTR filing) and identifying and reporting possible suspicious activity.
• Ability to work on multiple projects concurrently and meet deadline dates
• Advance knowledge of MS excel and familiarity of power query and/or other business intelligence tools.
• Consistently provides recommendations on how to improve, standardize, or streamline existing and new processes
• Ability to work on multiple projects concurrently and meet deadline dates
• Represent the Credit Union in a highly professional manner
• End-to-end management of all Treasury operations-related processes including compilation of ALCO reporting, report validation and analysis, and package proofing
• Perform funding and liquidity-related analyses such as liquidity stress testing, contingent liquidity policy management and oversight, liquidity framework enhancement, and management of brokered sources of liquidity
• Responsible for preparation, coordination, and documentation of more technical financial analysis projects pertaining to all area of focus with limited supervision.
• Provide innovative ideas to the department as well as improve efficiency to various processes of the
• Participate in the development of other financial analyst's while also furthering the development of your supervisory skills.
• Perform other job-related duties as assigned by Managers(s).

What You'll Need

Education and Experience Requirements:

• Minimum 3 years of banking experience, preferably in treasury, FP&A, investment management, or risk management
• Bachelor's degree in accounting/finance or related work experience.
• 2 - 4 years of financial analyses experience

Additional Eligibility Requirements:

• Advanced Microsoft Excel skills and/or VBA and PowerBI or Tableau; experience with R and Pthyon also a plus.
• Expert analyst who can provide strategic insight and recommendations as well as financial understanding of the data results

Proficiency in the use of software applications, databases and spreadsheets

What We Do

DCU is the largest credit union headquartered in New England - serving more than one million members in all 50 states. With over 1,900 team members, we strive to make DCU a great place to work with an excellent work-life balance, and a community that cares.

DCU is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

If you're applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to careers@dcu.org and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.