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Financial Planning and Analysis Analyst
4 months ago
Job Summary
Our mission is to help our customers and communities be more successful. For the FP&A Analyst position, this commitment is to ensure integrity in the budgeting/forecasting and profitability analysis processes for Northwest Indiana Bancorp (NASDAQ: NWIN), while also maintaining stability for safety and soundness examinations for interest rate risk, liquidity, stress testing, and capital compliance for Peoples Bank (FDIC Certificate Number: 29523). This position is for highly motivated and focused individuals who are interested in being part of a fast paced and hardworking team of accounting, finance, banking, and systems professionals.
Responsibilities
Provides senior management and executives with the analysis and information they need to make major operational financial, and strategic decisions
Operates the annual budgeting process by managing the collection of key inputs into the Axiom budgeting and rolling forecast systems and uses them for reporting and analysis to the Organizational Profitability Team and Strategic Planning Team
Performs analysis of NWIN stock performance and prepares results for dissemination to the Organizational Profitability Team and Strategic Planning Team
Monthly monitoring and analysis of ZM Financial Online ALM modeling and Axiom net interest margin reporting against budget and forecasts for organizational profitability
Supports monthly and quarterly calculation, projection, analysis, and reporting of interest rate risk, liquidity, and capital position for Enterprise Risk Management Committee
Supports the development of balance sheet management strategies for Profitability Committee through the development and analysis of ZM Financial Online ALM cash flow engine and Axiom reporting platforms
Supports the funds and liquidity management process by analyzing and providing reporting on competitor interest rates and peer analysis from the S&P Global Market Intelligence, ZM Financial Online ALM modeling, and Axiom reporting platforms
Models bank acquisitions with the use ZM Financial Online ALM cash flow engine for interest bearing assets and liabilities and uses Axiom for modeling noninterest income and expense and taxes
Supports the corporate treasury management process and the Contingency Funding Plan
Monthly monitoring and analysis of noninterest income against budget and projections for organizational profitability
Monthly monitoring and analysis staffing model results against budget and projections to ensure accuracy in organizational profitability reporting
Manages the accounts payable process to ensure accuracy in organizational profitability reporting
Maintain and update financial service products sold by the Bank and key product profitability assumptions to ensure timely and accurate reporting of product profitability
Assists in the development of customer profitability
Coordinates timely asset liability modeling validations with external parties and internal audit
Maintains accuracy of the bank regulatory reporting process and provides updates on changes for the Call Report (041), Y9-SP, Summary of Deposits, and FR 2900 to the Controller and implements changes with the Financial Systems Team
Monitor budgeted projects and report results to manager and Organizational Profitability Team
Perform additional analytics, reporting, or other duties as assigned
Qualifications
Bachelor's degree in accounting or finance is required and Master of Business Administration or Masters of Accountancy is preferred
CPA or CFA preferred, or willingness to the attainment of the CPA or CFA within 3 or 4 years, respectively
Other certifications, such as Financial Modeling and Valuation Analyst certification, preferred or willingness to attain
Experience in Interest Rate Risk Management and Asset Liability Management are required
2 - 5 years of Financial Planning and Analysis experience (experience in the accounts payable process in a corporate setting is also helpful)
3-5 years of banking experience in a similar role is preferred
Skilled with Microsoft Excel, including formulas, formatting, page layout, filtering, and views Proficient with Microsoft PowerPoint, Outlook, and Word
Highly organized; ability to manage and prioritize multiple tasks and deadlines simultaneously
Ability to communicate analysis effectively through verbal and written communication
Ability to be highly accurate while working under tight deadlines
About Us
For over 100 years, Peoples Bank has maintained a philosophy of commitment to the customer, a belief that has allowed Peoples Bank to thrive and continue to serve communities within its Indiana and Illinois footprint. It's the same philosophy that drives Peoples now as it did in 1910 when the Bank first opened for business. Today, the company keeps better banking moving forward for its customers and communities at Banking Center locations across Northwest Indiana and Chicagoland.
Headquartered in Munster, Indiana, Peoples Bank is a locally managed community bank whose mission is to help our customers and communities be more successful. We do this by providing a variety of consumer, business, and wealth management products, and offering a wide range of digital banking services to meet the unique needs of our customers.
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