Business Analyst, MD|DC Credit Union Association, Washington, DC


MD|DC Credit Union Association -
N/A
Washington, DC, US
N/A

Business Analyst

Job description

IDB Global Federal Credit UnionLocation:

Washington, DCSchedule:

Full-timePosition Overview Reporting to the Head of Finance, the Business Analyst will play a vital role in supporting the finance and accounting team and contributing to the success of IDB Global Federal Credit Union. The incumbent will provide strategic and general business planning support for the Credit Union and its individual business units. Support for various functions performed in the Finance and Accounting department include month-end close, financial reporting, the annual budget processes, loan participation portfolio reporting, chart of accounts management, project support, data analytics, and ad hoc reporting and analysis. Education & Experience

Financial ManagementMonitor and report credit union liquidity position and cash flows. Maintain reliable processes and reporting mechanismsAid in the preparation of the annual budget and quarterly forecastingPrepare actual-to-budget variance analysis for financial statements and performanceProvide technical assistance and support to business unit managers regarding the development of operating and capital budgets, budget tracking, and forecastingCollaborate with the Accounting team to ensure month-end close is timelyAid in the preparation of financial reports for presentation to committees and the Board of DirectorsDevelop automated reporting/forecasting tools and identify process improvementsMonitor market trends on interest rates and other factors which might influence the pricing and availability of investment opportunities.Assist in the initial analysis and due diligence for the purchase of loan participations prepares and posts monthly journal entries for remittances and keeps management informed about performancePrepare investment trade ticketsGather and submit data for processing asset liability modeling, CECL calculation, budgeting software, and NCUA Required regulatory reportingPerform other duties as assigned by the Head of Finance or the Chief Financial OfficerData AnalysisAssist in the development and implementation of the Credit Union s data strategyConduct what-if financial analysis of potential strategic opportunitiesAnalyze and interpret data using business intelligence tools to provide insights and support data-driven decision-makingAnalyze existing business processes to identify areas for improvement and increased efficiencyGather and interpret data, conduct market research, and create reports and dashboards for stakeholdersWork collaboratively with different departments to ensure the successful implementation of business initiativesRequirements

Candidate will have a minimum of 2-3 years of accounting and finance and/or data-intensive experience, preferably at a credit unionBachelor s Degree, preferably Accounting, Finance, or data-analytics-focused specialtyMust possess excellent interpersonal skills, including clear verbal and written communication skillsMust be analytical with strong action-oriented decision and problem-solving skillsEffective organizational, planning, and time management skillsHighly proficient with Microsoft Office SuiteWorking knowledge of business intelligence tools (SQL, Power BI, other data analytics tools) preferredExperience with budgeting, data, and financial modelingWork well with diverse workgroups, business units, and group-oriented activitiesExperience in managing multiple priorities independently and/or in a team environment to achieve goalsHow to Apply

All interested applicants should send a copy of their resume and cover letter to the Chief Human Resources Officer, Mark Schwartz ...@idbglobalfcu.org.IDB Global Federal Credit Union is a separate entity and not a department of either the Inter-American Development Bank (IDB) or IDB Invest; therefore, we are unable to sponsor G-4 Visas or make other special employment arrangements.All candidates must be US legal residents or able to obtain a valid Employment Authorization Document from theUS Citizenship and Immigration Services. (USCIS.)

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Full-time 2024-07-08
N/A
N/A
USD

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