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Financial Data Analyst

1 month ago

Rosemead, California, United States inSync Staffing Full time

Insync Staffing is seeking a skilled Financial Data Analyst to join our team. As a Financial Data Analyst, you will play a key role in managing credit risk and ensuring the accuracy of financial data.

Job Description:

This is a full-time position that offers a competitive salary range of $35.00-37.12 per hour, paid weekly. The ideal candidate will work Monday through Friday, 8am-5pm, with hybrid arrangements on Mondays and Tuesdays in Rosemead, CA.

Responsibilities:
  • Track exposure and collateral reports to manage credit risk
  • Monitor expiring collateral and coordinate with banks or insurance companies to draw on collateral when necessary
  • Process margin calls with counterparties and clearing firms, expeditiously resolving margin disputes
  • Review incoming collateral instruments for accuracy and process for approval
  • Coordinate with banks to issue letters of credit when required
  • Enter all transactions in the credit risk system to ensure accurate recording of collateral held and posted
  • Perform variance analysis of Risk Management General Ledger cash accounts for financial and audit purposes
Requirements:
  • Three or more years of experience in an analytical role
  • Bachelor's Degree or higher in Business, Accounting, Economics, or related field
  • Proficiency with Microsoft Suite applications, including Excel, Word, and PowerPoint
  • Ability to quickly learn software systems
Desired Skills:
  • Experience with energy contracts, risk management related to energy procurement, or the CAISO market
  • Knowledge of accounting processes and procedures
  • Experience with macros and database queries
  • Knowledge of Entegrate, Endur, or other commodity trading systems
  • Experience with SAP or similar enterprise-wide ERP system
  • Strong verbal and written communication skills
Benefits:
  • Health insurance
  • Health savings account
  • Dental insurance
  • Vision insurance
  • Flexible spending accounts
  • Life insurance
  • Retirement plan