Financial Analyst

ALEC is one of the largest credit unions in Illinois and we foster a supportive and collaborative work environment, where employees are encouraged to grow both personally and professionally. We offer a comprehensive benefits package, which even includes a medical plan with no premiums taken from your paycheck. We can’t wait to talk further with you about joining our team.

ESSENTIAL FUNCTIONS:

• Responsible for maintaining ALM software and ensuring accurate monthly reporting, including Board of Director, ALCO, Senior Management and Responsibility Center (RC) reports
• Analyzes financial information to produce variance and forecast reports
• Assembles spreadsheets and draws charts and graphs used to illustrate financial information
• Interprets data affecting investment programs, such as price, yield, stability, future trends in investment risks, and economic influences
• Maintains knowledge and stays abreast of developments in the fields of business, finance, and economic theory
• Monitors fundamental economic, industrial, and corporate developments through the analysis of information obtained from financial publications and services, investment banking firms, government agencies and trade publications
• Researches investment alternatives and makes recommendations to CFO
• Assists in the budget and reforecast process
• Maintains budget systems and assembles reforecast information in the Budget system

QUALIFICATIONS:

• Education Required: High School Diploma or equivalent (GED)
• Education Preferred: Bachelor’s degree in Accounting, Finance or Business Administration,
• CPA preferred
• Experience Required: Two (2) years of experience working in an Accounting or Finance position
• Experience Preferred: Three (3) years of experience working in an Accounting of Finance position within a financial institution

Starting pay: $75,000 annually.