Financial Analyst

Essential Job Functions/Responsibilities: 

• Able to understand the balance sheet and income statement of the institution from a funds flow point. Ability to spot trends and ascertain legitimacy of account activity.

• Develops an understanding of relationships and interdependencies between the balance sheet and income statement. Further develops the ability to review and ascertain departmental forecast data validity.

• Becomes proficient utilizing the Finance Departments internal analytical systems.

• Takes ownership of the monthly analytical review model, understanding formulas and performance ratios.

• Update ALM and Oracle PBCS (Hyperion) systems with monthly interface and data load file.

• Prepare data, performs monthly analysis, and makes recommendations on the development of specific operating expense and non-interest income forecasted accounts for review by the CFO/COO, Senior Vice President of Finance, and other senior leadership.

• Answer monthly questions in regard to specific assigned operating expense and non-interest income accounts on a monthly basis.

• Answer monthly questions in regard to interest income and expense variances.

• Analyze specific operating expense and non-interest income accounts for annual budget process.

• Maintain a working knowledge of products at Broadview in relationship to their financial impact.

• Prepare, analyze, and report on the quarterly product profitability model.

• Prepare, review, and analyze peer data for business planning and other assignments as required.

• Maintain peer software with updates.

• Train other staff as assigned.

• Assist with regulatory reporting and audit preparation.

• Gather, prepare, and analyze any operating expense and non-interest income forecasted data for delivery to the ALM during what-if analysis.

• Prepare and forecast reporting from Oracle PBCS (Hyperion) for delivery across the organization.

• Develop and prepare semi-annual graphical review for presentation to the ALCO committee.

• Review monthly financial statements and ALCO report, ALCO presentation, and prep MD&A.

• Complete special financial analysis for review and delivery to management and executive management as necessary.

• Maintain a working knowledge of the ALM system for coverage in the absence of other staff members

• Maintain departmental procedures.

• Prepare base level information for ALM consultants.

• Prepare written documents on financial what-ifs and for MD&A as required.

Minimum Job Qualifications:

• Bachelor’s Degree in Finance or related field.

• A minimum of two (2) to five (5) years of experience and/or a combination of education and experience. 

• A minimum of two (2) years in a financial institution, working with financial statements.

• Ability to read, interpret, and create financial documents, such as financial statements, pro forma reports, ratio reports and other related financial documents is required.

• Microsoft office systems knowledge required.