Financial Analyst

Occupations:

Job Description:

• Work collaboratively with the Manager – Finance to manage the investment portfolio in accordance with the Investment Policy Statement and Treasury Management Policy of the Credit Union.
• Monitors the Investment Portfolios of the organization on a daily, weekly and monthly basis and prepares the reports as per established guidelines. 
• Reviews existing and proposed investments and makes sound recommendations to the Manager – Finance based on the relevant risk assessment. 
• Maintains  the  Enterprise  Risk  dashboard  for  the  organisation  and  collaborates  with Functional Heads as needed for reporting data (including feedback on action items) and submits draft report to the Manager – Finance for review and/or approval. 
• Monitors the Enterprise Risk dashboard and alerts the Manager – Finance to factors, trends, etc., which may impact the organization positively or negatively. 
• Effectively manages the relationship with the Credit Union’s brokers and fund managers, ensuring that the services received are in the organisation’s best interest and actively negotiates on matters including management fees and rates of return. 
• Support  all  Auditing  and  Compliance  activities.  Works  closely  with  the  Manager  – Finance to ensure that decisive actions are taken to correct audit findings. 
• Assist Manager – Finance with the preparation of financial statement analysis for the Credit Union. 
• Prepare ad hoc analyses to support strategic decision making by Senior Management. 
• Responsible for updating and maintaining forecasting models, trend analysis and other tools used to monitor and guide the Credit Union’s investment decisions.  Makes sound recommendations as per industry best practices for improved models etc. 
• Identifies  trends  and  recommends  actions  via  strong  analytical  reporting  whether proactively, as requested or as scheduled.
• Actively assists due diligence requirements are adhered to by the Credit Union and its service providers.
• Assists  in  the  updating  of  Finance  policies  to  ensure  adherence  to  regulations  and industry best practice.
• Actively promotes compliance with all statutory and regulatory requirements including the AML/CFT programme and all relevant legislation.
• Works with the Investment Committee, attends meetings, prepares reports and provides information as may be required.
• Actively supports an environment of cooperation and performance.
• Takes necessary steps to stay current as a Risk Management / Analyst professional, ensures compliance with all professional and ethical standards of the profession and the organisation.
• Assists with special projects/assignment and attends committee meetings and training as required.
• Performs other duties and responsibilities which may be assigned from time to time.

• Minimum  of  Bachelor’s  degree  (or  equivalent)  in  Accounting,  Finance  or  Business Management with a Finance Major) and/or
• Professional Finance / Accounting certification (e.g. ACCA, CFA, MSc IF).
• Minimum of five (5) years of relevant experience preferably in a financial institution with at least two (2) of those years with direct experience analyzing liquidity and market risks.
• Experience in Enterprise Risk Management an asset.
• Prior forecasting and reporting experience an asset.
• Demonstrated proficiency in Microsoft Office Suite.
• Working knowledge of the financial legislation governing the industry, best practices etc. 

• Solid working knowledge and experience in Risk analysis and/or Accounting and/or Investment Research Analysis.
• Comprehensive  knowledge  of  a  Credit  Union  (or  Bank)  operations,  structures,  risk management, internal controls, processes, products and services will be an asset.
• Strong   report   writing,   analytical   and   problem-solving   skills,   ability   to   provide recommendations to the Finance Manager.
• Detail oriented, meticulous and focused individual, with high performance standards and a penchant for accuracy.
• Must  be  a  strong  communicator  –  with  the  ability  to  interact  with  all  stakeholders including but not limited to the Brokers, Manager – Finance, team members, Board Members.
• Must be able to maintain a cooperative work environment.

Job Requirements:

• Minimum  of  Bachelor’s  degree  (or  equivalent)  in  Accounting,  Finance  or  Business Management with a Finance Major) and/or
• Professional Finance / Accounting certification (e.g. ACCA, CFA, MSc IF).
• Minimum of five (5) years of relevant experience preferably in a financial institution with at least two (2) of those years with direct experience analyzing liquidity and market risks.
• Experience in Enterprise Risk Management an asset.
• Prior forecasting and reporting experience an asset.
• Demonstrated proficiency in Microsoft Office Suite.
• Working knowledge of the financial legislation governing the industry, best practices etc.