Sr. Financial Analyst for a large financial institution - Vertical Careers, Inc.

Sr. Financial Analyst

Responsibilities:

• Help the allowance for credit losses (“ACL”) process, including calculations, analysis, and documentation
• Responsible for obtaining and reviewing loan charge-offs for appropriateness and accuracy
• Interact with the Bank’s lending officers, credit supervision department, and the credit-risk management department to ensure charge-offs are recorded timely and appropriate inputs are considered in loan valuations
• Provide assistance in the review of banking regulatory reports
• Assist with researching and implementing regulatory and accounting standards relevant to ACL
• Perform ad-hoc financial analysis as required
• Provide financial and analytical expertise to assist in building and improving quantitative models for credit-loss estimation models (statistical credit models) for the entire loan portfolio to support allowance for credit loss (including current expected credit loss preparation)
• Identify or address potential process gaps or process improvements including data gaps in model, policy governance and other quantitative tools.
• Assemble, compile, and analyze information, and resolve errors/inconsistencies in data from loan systems and modeling team
• Collaborate with modelling and data management teams on model and data performance matters.
• Develop presentations and written materials to convey the results of research and analysis projects
• Assist in cross training the ACL team
• Perform other assignments and special project analysis as requested by management

Qualifications:

• Bachelor’s degree required; degree in accounting/finance/statistics preferred
• 4+ years of relevant experience in accounting or finance in banking/financial services
• Detail oriented individual with strong analytical, organizational, and problem-solving skills
• Proficiency with Microsoft Excel required
• Strong verbal and written communication skills
• Ability to work well independently as well as in a team
• Banking, credit risk or loan accounting experience preferred
• Strong understanding of credit models, CECL, ACL (formerly, ALLL), credit risk, financial risk, operations risk, and their processes highly preferred
• Ability to communicate complex analytical issues in understandable terms appropriate for management interactions (regulators, vendors, executives, etc.)
• Ability to successfully work on projects and project teams
• Proficiently use SQL