Financial Analyst - REMOTE

Who is Quorum

At Quorum Federal Credit Union, we are a cutting-edge credit union that operates as a technology company, delivering innovative financial solutions to our members. As a remote organization, we thrive on collaboration and recognize outstanding performance. We are the ideal workplace for self-motivated individuals who are committed to organizational success and eager to join a dynamic team of professionals. We stand out as a best-in-class employer, offering a unique and supportive work environment that fosters personal and professional growth. Our culture is built on valuing teamwork, recognizing achievements, and providing the tools and resources needed to excel. If you are looking for a place where you can make a meaningful impact, enjoy a flexible and fulfilling work experience, and be part of a forward-thinking team, Quorum Federal Credit Union is the perfect fit for you.

Job Description Summary

We strive for innovation and new ways to solve complex problems to deliver on our promise in creating Banking That's Good. For You. As a Financial Analyst, you will support the organizational financial planning and analysis process and balance sheet management. This includes working with business units to prepare annual budgets and forecasts as well as analyzing variances to actual results. This role prepares supporting analysis on various assets and liabilities to measure historical performance and forecast potential future performance. The Financial Analyst also supports various risk management, treasury, and deposit management functions.

Key Job Responsibilities and Accountabilities

• Balance Sheet Management: Performs business analysis, reporting, and analytical schedules that assist in guiding performance of the organization both on a scheduled and ad-hoc basis. Performs balance sheet activities, including liquidity functions (cash management), interest rate risk management (model data preparation), and investment portfolio monitoring.
• Risk Management: Collaborates with business units to identify and assess emerging risks, quantify inherent and residual risks within business processes using standardized framework, track progress on mitigation efforts, and maintain risk matrix documentation. Monitors and evaluates external environmental trends and regulatory developments which may impact Quorum's enterprise risk profile.
• Financial Planning and Analysis: Performs and compiles business unit budgets and forecasts. Prepares revisions and document explanations with business unit leaders. Develops an understanding of key business activities to effectively evaluate business unit assumptions.
• Return on Investment: Supports evaluation of business investments (new and existing) to ensure alignment with strategy and financial objectives using return on investment (ROI) analysis by providing actionable insights in which drive cost avoidance, improve operational efficiency, and support disciplined expense management across the organization.
• Supports product development, pricing and promotions through cost analysis, accounting research and product profitability modeling.
• Leads departmental and/or organization wide projects and completes deliverables as outlined based on the project scope and business requirements.
• Maintains appropriate sections of the organization's policies and procedures, including identification and documentation for accuracy, efficiency, and regulatory/GAAP compliance.
• Assists in software maintenance and performs structural changes.
• Performs general ledger account reconciliations and analytics to support financial reporting and control environment. Demonstrates an understanding of the business functions and transactions that drive general ledger account balances, as well as identifying, documenting, and clearing reconciling items on a timely basis.
• Promotes and demonstrates a positive work atmosphere by communicating in a manner consistent with professional standards to collaborate effectively with members, co-workers, management, and vendors.
• Provides top level customer service to all business partners throughout the organization.
• Keeps abreast of industry developments including, but not limited to, changes in regulations and technology.
• Ensures adherence to company policies and procedures and Banking/Credit Union Regulations.
• Performs additional duties as required.

Job Requirements, Competencies, and Skills

• Bachelor's degree in finance or a Business-Related Field required.
• A minimum of 0-2 years' experience in an Accounting or Finance profession. Credit union, Banking, or risk management related experience is a plus.
• Excellent problem-solving, organizational, analytical, verbal, and written communication skills.
• Strong decision making and time management skills with the ability to manage multiple projects/duties.
• Trustworthy with the ability to maintain highest level of integrity and trust.
• Proficiency in Microsoft Office, specifically Word, Excel, and PowerPoint.

Environmental / Physical / Mental Requirements

1. Stable internet connection with speeds high enough for video conferencing and screen sharing
2. Smartphone with current iOS/Android OS
3. Prolonged periods sitting at a workstation and working on a computer
4. Ability to communicate with coworkers and customers via email, chat, teleconference, and/or phone

Compliance/legal requirements

• Quorum is an Equal Employment Opportunity employer. Qualified applicants will be considered for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, marital status, protected veteran status, or disability status.
• Quorum will make reasonable accommodations in compliance with the Americans with Disabilities Act of 1990. Reasonable accommodations are available upon request for applicants and/or employees with qualifying disabilities throughout the application and employment process.
• Qualified Applicants with arrest or conviction records will be considered for employment in accordance with all applicable federal, state, city and local laws, rules, and regulations.
• This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employee(s) will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. The company reserves the sole right and discretion to make changes to this job description.
• Each employee is required to uphold the Credit Union's compliance with all policies, procedures, and required regulations including the Bank Secrecy Act and our Anti-Money Laundering policy.
• This document does not create an employment contract, implied or otherwise, other than an "at-will" relationship.

**PLEASE NOTE**

We are not able to consider candidates for this role who reside in Montana, Nebraska, Rhode Island, or Puerto Rico

Salary Range: $27.85 - $30.28 per hour. Individual salary will vary based on skills and experience. Discretionary incentive compensation may be available based on company and individual performance.

Benefits: Medical, Vision, Dental, Retirement Benefits, and Paid Time Off (PTO)

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