Logix Federal Credit Union Hiring for Financial Analyst III Virtual Hiring Event Job at Valencia, CA Full Time

The Financial Analyst III performs financial analysis and assistance with projects including: product & branch profitability; potential new products & services profitability analysis, budget variance analysis and budget planning; asset liability management (ALM) modeling and reporting and ad-hoc analysis supporting accounting/financial statements, records and reports.

• Prepares financial reports including ALCO (Asset Liability Committee), ALM and ad-hoc reports.
• Identifies and analyzes trends using statistical analysis and mathematical modeling.
• Performs ad-hoc profit/loss analyses at the loan/deposit product level and organizational level.
• Manages the monthly Funds Transfer Pricing (FTP) process.
• Prepares studies, reports, and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections, business forecasts, and variance analysis for executive and board-level decision-making.
• Makes recommendations to the management regarding cost saving or profit generating opportunities and strategies.
• Makes recommendations to management regarding pricing for various products and services.
• Performs documentation and routine maintenance of financial modeling systems, including: asset liability, forecasting, budget & planning, branch & product profitability and channel & member profitability. Reviews analysis produced by these systems and makes recommendations to management regarding data input & enhancements.
• Creates & maintains desktop procedures for financial modeling systems and critical tasks.
• Participates in special studies and surveys; summarize and analyze potential financial decisions and prepares recommendations for policy, pricing, profitability, process, control, and/or action.
• Performs pro-forma analysis on new business opportunities for the Credit Union, including branch deployment strategies.
• Calculates Credit Union/Banking key metrics and ratios.
• Performs interest rate sensitivity analysis to forecast the impact of market interest rates and the economy on Credit Union earnings.
• Participates and contributes in Credit Union ALCO committee meetings.
• Provides financial implications of financial policies, governmental legislation, accounting theory or member financial regulations.
• May represent finance management in meetings with internal & external organizations, to find solutions, & implement new methods or processes.
• Performs cash management and supports investment portfolio activities, including auditing cash management, investment portfolio functions and associated reporting on the direction of these assets.

Education and/or Experience

Must have:

• Bachelor’s degree in finance, economics, mathematics or related fields from four-year college or university.
• Minimum 3 years of ALM, risk management, valuation or other applicable treasury experience at a financial institution.
• Advanced knowledge of financial and accounting theory, principles and practices as would normally be obtained through a bachelor’s degree program in finance.
• Ability to independently and efficiently prepare complex ad-hoc financial analyses for senior management with a high degree of accuracy, under general supervision.
• Knowledge of asset/liability management and investments, budgets, cost accounting, and other financial analyses.
• Strong presentation skills in PowerPoint, with the ability to visualize complex analyses in a straightforward manner for Credit Union executives and board members.
• Thorough working knowledge, understanding, and experience calculating & interpreting credit union/banking key metrics, ratios and trends.
• Advanced Excel experience including creation & use of macros in VBA, pivot tables & statistical functions including add-ins.
• Thorough working knowledge, understanding & experience with ALM software.
• Ability to interpret financial & general ledger data.
• MBA, CFA or graduate degree in a quantitative discipline is preferred.
• Experience with “big data” mining and its use for bank balance sheet modeling preferred.
• Experience with FISERV AL Risk Management software strongly preferred.
• An equivalent combination of education and experience may be considered.

Must also demonstrate conduct consistent with our Corporate Values:

• Practice open Communication with all levels;
• Be Accountable by taking ownership of customer issues and responsibility for one’s actions;
• Foster Teamwork by cooperating and collaborating with other employees;
• Seek ways to make the workplace Fun for oneself & others;
• Conduct oneself with Integrity by being honest, trustworthy and ethical in all work activities and interactions;
• Work with a Service Orientation by having a genuine concern for the needs of one’s customers and by being friendly, professional and following through on commitments; and
• Demonstrate Humility in all interactions and remember to leave one’s ego at the door when one arrives to work.

Logix Federal Credit Union is an equal opportunity employer that does not discriminate in employment opportunities or practices on the basis of race, religion, color, sex, sexual orientation, gender identity, national origin, protected veteran or disability status, or any other status protected by law.

Technical requirements

After signing up, you will be sent an email with instructions on how to connect.
Please be prepared to join the virtual interview from a quiet place using a desktop or mobile device with a working speaker, microphone, and camera. Check to see if your network connection can support an online session. A plugged in ethernet cable or a strong WiFi network signal will help avoid time delays during your conversation.

What to prepare

• Resume

Preferred dress code

Business casual (dress pants/skirt, button down/blouse, optional tie)

About Logix Federal Credit Union

Welcome to Logix Federal Credit Union! 80 years and going strong. From our founding in 1937 we haven’t had a single unprofitable year. And the best part? We’re still growing with over 210,000 members and over $7 billion in assets.We’re a long-standing company with the feeling of a startup—encouraging ideas, open communication, and teamwork across all levels.

For Logix, long-term success begins with the heart—not the head. Logix doesn’t operate on a short-term quarterly basis where meeting quotas and numbers are its priority. Instead, the company has a holistic view of what it takes for its customers to be successful, and treats its customers and co-workers with respect and value above all else.

Core Values: Logix is rooted in seven core values, referred to as CATFISH—Communication, Accountability, Teamwork, Fun, Integrity, Service, and Humility. Together, these seven values are representative of the company’s commitment to always operating in the best interests of its employees and members.

What is a virtual interview?

Virtual interviews help employers connect with job seekers when they are not in the same physical location. Since hiring is a human process, employers would like to talk with you online (chat, video or phone) to see if you meet the requirements for the job.