Financial Analyst / Business Data Manager

Full-time

Eatontown, NJ

Credit Intermediation and Related Activities

About the position

The Financial Analyst / Business Data Manager evaluates credit union's data, as well as competitor and industry data, to identify opportunities to improve our market position and growth. Analyze historical and current financial data to understand the company's financial position. Review trends for monthly closings and report on variances. Prepare regular Financial Highlights and Management Discussion & Analysis (MD&A) for the financial packages. Lead on Asset Liability Management review to ensure accuracy of date and timely processing/reporting. Perform Peer Performance Reviews and evaluate results against Peer benchmarks. Prepare Monthly Concentration Risk review file and timely report findings to Management. Quarterly Credit Score Review and subsequent adjustments to reduce credit lines, as needed. Regular review of Indirect Dealers performance/watchlist; includes processing the dealer fee calculations and finalizing subsequent payments to the dealers, after review and approval. Provide support to Business Development/Small Business with the review of business financials and credit memos prepared for a potential business loan. Strong organizational and multitasking skills with ability to balance competing priorities. Utilize tools to analyze data and provide actionable predictive information to empower Credit Union management to make informed business decisions and identify emerging trends. Evaluates data and presents analytics to the Marketing and Management Teams to collaborate on strategic marketing initiatives and tactical actions plans. The manager will organize and present data with an understanding of the business environment, business processes, and the insights into the business needs. This role will design, build and manage all data and processes necessary to support operational and marketing analytics; simplify and advance the current reporting platform; provide data capabilities; and continuously identify processes to automate/eliminate by applying business process improvements, wherever possible.

Responsibilities

• Evaluate credit union's data, as well as competitor and industry data, to identify opportunities to improve market position and growth.
• Analyze historical and current financial data to understand the company's financial position.
• Review trends for monthly closings and report on variances.
• Prepare regular Financial Highlights and Management Discussion & Analysis (MD&A) for financial packages.
• Lead on Asset Liability Management review to ensure accuracy of data and timely processing/reporting.
• Perform Peer Performance Reviews and evaluate results against Peer benchmarks.
• Prepare Monthly Concentration Risk review file and timely report findings to Management.
• Conduct Quarterly Credit Score Review and make adjustments to reduce credit lines as needed.
• Regularly review Indirect Dealers performance/watchlist and process dealer fee calculations.
• Provide support to Business Development/Small Business with the review of business financials and credit memos.
• Utilize tools to analyze data and provide actionable predictive information.
• Evaluate data and present analytics to Marketing and Management Teams.
• Design, build and manage all data and processes necessary to support operational and marketing analytics.
• Simplify and advance the current reporting platform and continuously identify processes to automate/eliminate.

Requirements

• Bachelor's degree from a four-year college or university in information systems, computer science, data science, business administration or a related field.
• Minimum 3-5 years of experience as BI/Data Analyst, preferably in a financial organization.
• Knowledge and understanding of data architecture, database design, data mining, and data visualization.
• Power BI knowledge and advanced knowledge of Excel analytics.
• High degree of proficiency utilizing all Microsoft Office products.
• Effective communication and presentation skills.
• Critical thinking skills and superior problem resolution.

Nice-to-haves

• Experience in a financial organization.