Financial Analyst II
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
- Prepare and perform analysis and reporting on the quarterly Economic Value of Equity (“EVE”) results
- Prepare portions of the quarterly ALM Presentation including areas such as liquidity, interest rate sensitivity, balance sheet position, strategy updates and bond portfolio strategy and performance update
- Monitor and update 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
- Review the monthly upload and reconciliation into the ALM software completed by the department administrative assistant
- Attend strategy meetings and documents recommended strategies
- Utilize Bloomberg to prepare pre and post purchase investment analysis
- Perform investment pricing reasonableness tests
- Perform reasonableness tests for bond amortization/accretion
- Prepare and maintain the investment transaction report for ALM Presentation
- 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 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
- Participate in Vena budget training sessions for cost center managers (typical attendee is AVP-VP level).
- Use judgment and decision making to provide budgeting and reporting process support including analyzing bank-wide trends, evaluating assumptions, reporting on budget versus actual results, and preparing management reports
- Complete the quarterly correspondent bank review
- Assist 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
Team Player: Works well as a member of a group
Enthusiastic: Shows intense and eager enjoyment and interest
Dedicated: Devoted to a task or purpose with loyalty or integrity
Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done wellMotivation : Job Security: Inspired to perform well by the knowledge that your job is safe
Self-Starter: Inspired to perform without outside help
Growth Opportunities: Inspired to perform well by the chance to take on more responsibility
Goal Completion: Inspired to perform well by the completion of tasks
Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organizationEducation : Bachelors Degree