Senior Financial Analyst

Aston Carter - Jacksonville, FL

Full-time

Jacksonville, FL

Administrative and Support Services

About the position

The Senior Financial Analyst will play a crucial role in managing the Allowance for Credit Loss (ACL) department within a financial services company. This position involves executing CECL accounting procedures, providing financial modeling and forecasts, and ensuring the financial health of the loan business. The ideal candidate will have a strong background in financial analysis and CECL accounting, along with the ability to oversee a team and interact with senior leadership.

Responsibilities

• Maintains and updates ACL model documentation on an annual or quarterly basis as required.
• Oversees the ACL team and provides coaching and mentoring.
• Responsible for overseeing various reviews and audits by regulators, financial statement auditors, and internal auditors.
• Provides quarterly updates to the ACL Committee.
• Meets with senior leaders and executive management to discuss changes in business and economic conditions affecting the ACL.
• Oversees the preparation of financial statement disclosures related to the ACL.
• Ensures ACL model validation and reports outcomes to senior leaders and credit committees.
• Develops and implements policies and procedures for the ACL process.
• Designs, implements, and maintains internal controls to mitigate risk.
• Develops relationships across the organization and within other teams in Credit Risk and the OCFO.

Requirements

• Financial Analysis
• Financial Reporting
• Allowance For Credit Loss
• Current Expected Credit Loss
• Balance Sheet Accounting