Financial Analyst

1 day ago


Rockville, Maryland, United States Lafayette Federal Credit Union Full time
About the Role

We are seeking a highly skilled Financial Analyst to join our team at Lafayette Federal Credit Union. As a Financial Analyst, you will play a critical role in supporting the overall administration of investment services, with a focus on the Credit Union's liability and certificate programs.

Key Responsibilities
  • Develop and maintain robust analytics frameworks for evaluating the institution's financial data.
  • Create dynamic visualizations that clearly communicate financial trends, forecasts, and strategic insights to senior management.
  • Respond to ad hoc analytical requests from various departments, providing rapid and accurate financial insights to support decision-making processes.
  • Assist with the analysis and execution of transactions in secondary markets, including evaluating potential impacts on the institution's financial health.
  • Conduct comprehensive reviews of the balance sheet to identify risks and opportunities and develop strategies to optimize financial performance.
  • Perform profitability analysis for various products and segments within the institution, identifying drivers of revenue and areas for rate reduction.
  • Regularly evaluate financial performance against budget and forecast, providing insights and recommendations for improvements.
  • Conduct stress testing analysis to assess the impact of different scenarios on the institution's financial stability and performance.
  • Work with and support the financial data analyst function, including data mining and research activities. Utilize Business Intelligence tools to provide insights and support strategic decision-making.
  • Assist in generating monthly financial reports to ensure timely and accurate financial information dissemination.
Requirements
  • Two to three years of experience in a financial institution.
  • A bachelor's degree in business, finance, or a related field, or equivalent formal certifications recognized in the industry.
What We Offer

Lafayette Federal Credit Union offers a comprehensive benefits package, including employer-paid health insurance, 401(k) with employer match, paid time off, and educational assistance. We foster a great work environment, with a focus on inclusion, diversity, and high performance.


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