JOB FUNCTION / SUMMARY:

This position is responsible for conducting complex financial analysis and modeling for the assigned division; provides consultation on financial performance and budgetary trends; recommends cost savings or enhancement practices as applicable; supports other departmental initiatives as needed.

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Creates and utilizes modeling to analyze complex financial actions and prepares recommendations for policy, procedure, control or action
• Conducts special studies to analyze complex financial actions and prepares recommendations
• Analyzes financial information to determine present and forecast future financial performance; provides interpretation of financial trends to aid in strategic decision making
• Performs analysis to identify division performance and budget trends recommends improvements accordingly; assists in the development and finalization of the budget, planning and other financial requirements
• Compiles and prepares periodic variance reports and management reviews; conducts applicable research for variances
• Evaluates complex budgets, operating records, and financial statements to indicate return on investment or project status; performs analysis to assess justification for capital expenditures
• Establishes databases of pertinent information for use in analyzing future plans and forecasts
• Makes recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies
• Coordinates with various levels of management to gather, analyze, summarize and prepare recommendations regarding financial plans, new business planning, trended future requirements, and operating forecasts
• Researches and prepares economic reports on subjects such as rate of return, depreciation, working capital requirements, investment opportunities, investment performance, and impact of governmental requirements
• Supports departmental initiatives and projects
• May provides guidance or supervision to junior-level analysts
• Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.