Senior Financial Analyst
Enterprise Bank
- Lowell, MA
- Permanent
- Full-time
- Build the Board of Directors ALM presentation and appendix material package, ensuring that all required analysis, procedures, and documentation are completed on the required schedule basis
- Maintain, update, and perform analyses and reporting on the Asset Liability simulation model including: data compilation, assumption validation, quarterly net interest income scenario comparisons, identification of variances, potential issues/preparing detailed written explanations, and performing back-testing procedures
- Complete first review of Asset Liability simulation model results as prepared by the Financial Analyst II or I.
- Prepare and perform analysis and reporting or completes a first review of the quarterly Economic Value of Equity (“EVE”) results
- Presents portions of the ALM Group Presentation for ALM Group (Management ALCO) meetings
- Prepare the quarterly ALM Presentation including areas such as liquidity, capital adequacy, interest rate sensitivity, balance sheet position, strategy updates and fixed income investment portfolio strategy and performance update
- Update or complete a first review of the Bank’s Liquidity Contingency Early Warning System
- Produce various cash flow analyses and forecasts
- Responsible for ensuring ALM procedures are written and updated regularly
- Participate in the investment portfolio management process, attends strategy meetings and documents recommended strategies
- Perform analysis for potential security purchases and sales such as:
- Total return analysis
- Reviewing cash flow projections
- Break-even analysis
- Pro-forma portfolio allocations
- Monitor Agency, MBS and CMO sectors and analyzes new opportunities for the portfolio
- Utilize Bloomberg to prepare pre and post purchase investment analysis
- Perform or review investment pricing reasonableness tests
- Perform or review reasonableness tests for amortization of CMO/MBS Premiums/Discounts
- Prepare or review investment transaction report for ALM Presentation
- Prepare monthly interest rate swap and Risk Participation Agreement (RPA) reconciliation and review
- Monitor derivative collateral position and work with counterparty banks on collateral transfers, as required
- Create Vena templates and workflows related to the budgeting process and ALM
- Maintain and improve existing Vena templates related to the budgeting process and ALM
- Prepare or complete first review of the Net Interest Margin Budget
- Prepare revenue center profitability analysis and reporting.
- Liaison for cost center budget managers, working with them to ensure proper completion of their annual budget and quarterly budget versus actual analysis
- Use judgement and decision making to provide budgeting and reporting process support including: analyzing bank-wide trends, evaluating or reviewing assumptions, reporting on budget versus actual results, and preparing management reports
- Complete or review the quarterly correspondent bank review
- Assist the Senior Finance Manager with projects, as needed
- Perform all duties consistent with applicable Federal and State laws and regulations as well as Bank policies
- Perform other related duties as assigned
- Exceed customer expectations by following the guidelines outlined in the Customer Experience Program
Thought Provoking: Capable of making others think deeply on a subject
Innovative: Consistently introduces new ideas and demonstrates original thinking
Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
Dedicated: Devoted to a task or purpose with loyalty or integrityMotivation : Self-Starter: Inspired to perform without outside help
Goal Completion: Inspired to perform well by the completion of tasks
Peer Recognition: Inspired to perform well by the praise of coworkers
Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization