Financial Risk Analyst I
Company: Navy Federal Credit Union
Location: Pensacola
Posted on: May 8, 2024
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Job Description:
OverviewTo perform financial analysis that maximizes profits and
asset growth and minimizes operating losses and other risk
exposures. Provide analytical support for various business
strategies to ensure Navy Federal goals are met. Utilize and adapt
financial models and simulation scenarios to optimize business
performance and manage strategic risk exposure. Assist with the
production of performance reports to management. Work under
moderate supervision.ResponsibilitiesDevelop and optimize risk
strategies and credit guidelines that drive portfolio growth while
ensuring that portfolios operate within boundaries of acceptable
risk.Conduct statistical/financial analysis on internal and
external market data to discover the tradeoffs of competing
business objectives such as growth, profitability, market share and
competitive position.Develop data visualization projects using data
mining techniques for analyzing current and future
performance.Create financial reports based on the impact of
predictive modeling assumptions.Develop and test multiple
hypotheses using results from analyses to generate and answer new
questions leading to more in-depth understanding of business
issue(s) being studied.Evaluate/develop/implement analytical
techniques and best practices to gain a competitive
advantage.Coordinate the production of performance reports for
management.Serve as SME regarding product optimization and risk
evaluations.Utilize data validation and audits to identify
variances and/or deviations from forecasts.Identify existing and
new issues pertaining to compliance with state and federal
regulations to ensure necessary policies, strategies and procedures
are implemented.Perform other duties as assigned or
appropriate.Participate in complex interdepartmental initiatives of
significant business risk & impact.Gather, analyze, and synthesize
quantitative and qualitative data of business processes to
determine and promote data driven business decisions.Interpret
results of analysis; present recommendations, alternatives, and
implications.Analyze processes and workflows to understand value
chain, input/output, to improve and or automate business
performance.Utilize performance measurements and indicators to
identify areas for improvement; develop process improvement plans
for each performance indicator or are identified.Analyze and
reconcile data warehouse month end data to accounting data.Backup
and review daily and monthly Funds Transfer Pricing analysis on
multiple asset and liability portfolios utilizing Quantitative Risk
Management system, SQL, and TableauPerform monthly audit of large
data sets, identify and resolve variances.Work with Data Warehouse
to prepare data used for month end balancing and risk
analytics.Load Month End data business day 1-4 with strict
production deadlines and accuracy.QualificationsExperience working
in a fast-paced month-end production environment delivering timely
and accurate results.Thorough knowledge of credit union or retail
banking operationsEvidence of progressively significant
responsibility in financial risk managementKnowledge of financial
analysis, financial modeling, and ALM theory and
techniquesKnowledge and experience with programs and systems used
for storing, retrieving, and analyzing large sets of data (SQL,
IDW, Python)Knowledge and experience with Tableau or Power
BIEffective skill in reviewing financial models to be familiar with
data inputs and model purpose.Effective skill researching and
analyzing data, processes, and trends.Effective
analytical/quantitative, reconciliation and deductive reasoning
skills.Effective research, analytical, time management and
problem-solving skills.Effective skill building effective
relationships through rapport, trust, diplomacy, and tact.Effective
skill exercising initiative and using good judgment to make sound
decisions.Effective skill presenting findings, conclusions,
alternatives, and information clearly and concisely.Effective skill
analyzing and identifying problems and finding effective
solutions.Effective verbal and written communication
skills.Effective database and presentation software
skills.Effective word processing and spreadsheet software
skills.Experience in working with diverse internal and external
contacts.Bachelor's Degree in a related field, or the equivalent
combination of training, education, and experienceDesired
QualificationsMaster's Degree in a related field, or the equivalent
combination of training, education, and experienceHours: Monday -
Friday, 8:00AM - 4:30PMLocation: 5550 Heritage Oaks Drive.
Pensacola, FL 32526About UsYou have goals, dreams, hobbies, and
things you're passionate aboutwhat's important to you is important
to us. We're looking for people who not only want to do meaningful,
challenging work, keep their skills sharp and move ahead, but who
also take time for the things that matter to themfriends, family,
and passions. And we're looking for team members who are passionate
about our missionmaking a difference in military members' and their
families' lives. Together, we can make it happen. Don't take our
word for it: Military Times 2022 Best for Vets Employers WayUp Top
100 Internship Programs Forbes 2022 The Best Employers for New
Grads Fortune Best Workplaces for Women Fortune 100 Best Companies
to Work For Computerworld Best Places to Work in IT Ripplematch
Campus Forward Award - Excellence in Early Career Hiring Fortune
Best Place to Work for Financial and Insurance ServicesEqual
Employment Opportunity: Navy Federal values, celebrates, and enacts
diversity in the workplace. Navy Federal takes affirmative action
to employ and advance in employment qualified individuals with
disabilities, disabled veterans, Armed Forces service medal
veterans, recently separated veterans, and other protected
veterans. EOE/AA/M/F/Veteran/Disability
EOE/AA/M/F/Veteran/DisabilityDisclaimers: Navy Federal reserves the
right to fill this role at a higher/lower grade level based on
business need. An assessment may be required to compete for this
position. Job postings are subject to close early or extend out
longer than the anticipated closing date at the hiring teams
discretion based on qualified applicant volume. Navy Federal Credit
Union assesses market data to establish salary ranges that enable
us to remain competitive. You are paid within the salary range,
based on your experience, location and market positionBank Secrecy
Act: Remains cognizant of and adheres to Navy Federal policies and
procedures, and regulations pertaining to the Bank Secrecy Act.by
Jobble
Keywords: Navy Federal Credit Union, Pensacola , Financial Risk Analyst I, Professions , Pensacola, Florida
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