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Title: Senior Financial Analyst

Revised: 05/02/2024

Salary Grade: Exempt Reports To: Chief Financial Officer

Department: Finance # Supervised Staff: 0

Mobile Device Eligible: Yes Laptop Cell Phone

The Senior Financial Analyst is responsible for executing WFCUs financial forecasting, planning and analysis functions, the purpose of which is to steer the credit union toward its Vision and Strategic Priorities using accurate, data based, decision-making models. They are also responsible for maintaining WFCUs asset liability management, liquidity management, and investment programs, the purpose of which is to support financial security of the credit union and increase member value.

1. Financial Reporting and Analysis:
   • Work closely with the Accounting department to prepare accurate and timely financial reports, including financial forecasts, on a monthly basis.
   • Conduct comprehensive financial analyses to identify trends, opportunities, and areas for improvement. Present findings to the CFO and/or other members of the Executive Leadership Team, providing valuable insights and recommendations.
   • Prepare and develop ALCO, Board, and Investment Committee report packages and meeting content, including peer and scenario analyses.

Asset Liability Management:

• Prepare data files for quarterly ALM Report as required by the credit unions ALM consultants.
• Work with ALM consultants to design what-if ALM scenarios to better mitigate the credit unions interest rate and liquidity risks.
• Evaluate quarterly ALM Reports for accuracy and reasonableness. Work with ALM consultants to resolve any material discrepancies.

Budgeting and Forecasting:

• Collaborate with department heads to develop annual budgets and long-term financial forecasts that align with the credit union\'s strategic objectives.
• Assist department heads in monitoring and tracking budget performance regularly, identifying any material discrepancies and recommending corrective actions when necessary.
• Assess the financial implications of proposed projects, initiatives and marketing campaigns, assisting with cost-benefit analysis to support decision-making. Assist department heads with evaluating the financial success of these items post-implementation.

Investment Management:

• Assist the Investment Committee in overseeing the credit union\'s investment portfolio, ensuring it aligns with the credit union\'s risk tolerance and financial goals.
• Analyze investment strategies, as needed, and evaluate if an action should be executed in order to optimize total returns while mitigating risks appropriately.

Cash Management & Liquidity:

Monitor liquidity levels and cash flow projections to ensure the credit union maintains sufficient funds for daily operations and unexpected contingencies.

Implement liquidity management functions, including analysis and reporting, policy and regulatory complia\ \

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\ \ WEOKIE Federal Credit Union is an Equal Opportunity Employer and does not discriminate against any applicants for employment based on their race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, physical or mental disability, genetic information, veteran status, uniformed service member status, or any other status protected by law.