Financial Analyst

Location: This opportunity is available in the Corning, NY, greater Wilmington, NC and Myrtle Beach, SC areas. Remote work options will also be considered in PA, NC, SC, GA, TX, and much of NYS.

Corning Credit Union is seeking Financial Analyst to join our Finance team.

Corning Credit Union (CCU) is one of the leading credit unions in the nation with $2.4 billion in assets and more than 160,000 members worldwide. Headquartered in Corning, NY, we also have facilities in Wilmington, NC, Myrtle Beach, SC, and Franklin County, PA.

We're committed to helping our members prosper by being a trusted advisor for financial services. CCUs vision is simple: To provide better service to our members than they receive anywhere else in the world. Our growth is fueled by that vision, and it doesnt stop with our members. We are also committed to fostering a strong service culture within the organization. Teamwork, open communication, and valuing the individual are just a few of the key performance standards that help us provide an exceptional work environment for our outstanding team.

If you share our passion for serving others, then CCU is the place for you to build a rewarding career. In addition to the vast opportunities that exist within the organization, CCU also offers a competitive base salary and annual bonus plan along with an exceptional benefits package. With a strong emphasis on our team and dedication to excellent customer service, Corning Credit Union continues to be an employer of choice across the markets we serve.

Role Summary: The Financial Analyst will play a key role within the Finance team supporting the Credit Unions interest rate risk management, liquidity management, and earnings strategies. In addition, the Financial Analyst will assist in the further development of tools and capabilities to support risk management and earnings generation.

Essential Job Duties

• Assists in the the short- and long-term financial forecasting process. This will include supporting work with trend analysis, assumption review, and ongoing communication with key stakeholders.
• Supports the interest rate risk (IRR) modeling process by supporting the reconciliation process, updating assumptions, and analyzing results. Collaborates internally and externally with our vendor to generate timely output to inform balance sheet strategy.
• Assists in creating updated forecast and risk reporting provided to the Asset Liability Committee (ALCO), Finance Committee, and Board of Directors.
• Assists in monitoring the credit unions financial risk sensitivity positions, risk exposures and underlying drivers resulting from balance sheet trends.
• Assists in the development and refinement of ongoing product profitability analysis.
• Provides support in the further development and continuation of liquidity management including measuring and managing short and long term needs. This may include the expansion and optimization of external liquidity sources with FHLB, FRB, and via the brokered channel.
• Plays a supporting role in the setup, testing, and implementation of forecast and internal IRR software.
• Provides operational support related to the investment portfolio, interest rate derivatives, and loan pool transactions.
• Assists with ad hoc financial analysis throughout the organization where necessary.
• Also assumes responsibility for other projects or duties as required or assigned.

[Required Competencies]{#_Hlk178687880}

[Possesses thorough understanding of financial statement structure and inter-relationships, along with the ability to analyze and interpret ongoing changes.]{#_Hlk178667200}

Ability to manipulate and analyze large datasets.

Possesses exceptional organizational, analytical, and problem-solving skills.

Ability to manage multiple projects and priorities.

Excellent verbal, written, telephone and interpersonal communication ski ls and must possess a strong service orientation.

Ability to work independently yet collaborate cross-functionally in a team environment.

Has excellent judgment and the ability to make sound decisions and think outside the box when working with complex situations.