Job Description and Requirements

The Financial Risk Analyst will execute DFAST and CECL processes and submit management reports. These reports will support the drivers of the ACL and capital requirements. In addition, the Financial Risk Analyst will track and monitor internal and external factors impacting credit and financial risk.

Essential Functions and Responsibilities:

• Collect, aggregate, and analyze forecasted financials and supporting documentation across the enterprise.

• Prepare and record general ledger entries related to the provision.

• Develop trend analysis and other quantitative reports to determine business/credit trends and emerging risks.

• Analyze trends, research, and document explanations for variances.

• Produce presentations for senior management.

• Maintain and foster relationships with second and third lines of defense.

• Maintain up-to-date knowledge to keep current on existing and emerging industry issues.

• All other duties as assigned (note: essential functions and responsibilities may change or new ones may be assigned at any time with or without notice).

Requirements:

• BA or BS in Finance, Accounting, Economics, or other quantitative discipline

• Minimum 1 year of job-related experience OR 5 years of job-related experience in leu of degree

• Understands and can identify key business factors and related risks (both internally and externally) that impact both CECL and DFAST processes

• Familiar with risk management compliance and control framework that supports all aspects of RBFCU's capital planning and CECL processes

• Understand tasks related to CECL and DFAST and provides support for effective challenges related to second- and third-line examinations

• Strong understanding of financial institutions assets and liabilities

• Strong financial analysis skills and a self-starter with an ability to work independently

• Proven analytical and problem-solving skills with strong communication skills

• Results oriented with the ability to adapt to changing priorities

• Must be proficient in MS Word, possess strong MS Excel skills, and have a working knowledge/understanding of databases and other office equipment

Preferred:

• Experience performing financial analysis or modeling for financial institutions

• Previous DFAST and/or CCAR experience

All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.