Financial Planning and Analysis Analyst I

Position Summary

The Financial Planning and Analysis Analyst I assists in the development and administration of financial analyses for Technology Credit Union (Tech CU). The incumbent may participate and assist with preparation of meeting packets and minutes for various committees (Asset-Liability, Pricing, and Product), budget planning and coordination, pricing surveys and postings, preparation of recurring financial reports, financial research, financial modeling, ad-hoc financial analyses, and developing and/or utilizing spreadsheets, databases, and other computer applications. Additionally, the role provides back-up for investment and derivatives/hedging operations and cash management.

Responsibilities

Essential Duties

• Prepares and distributes Asset-Liability Committee (ALCO), Pricing Committee, and Product Committee meeting minutes.
• Prepares Product Committee meeting packets and maintains Product Committee files.
• Prepares interest rate and competitive surveys.
• Maintains and updates the files required to complete consumer loan and deposit interest rate changes on the Tech CU website, including uploading data to the web content manager program.
• Prepares and maintains loan and share rate advisories.
• Maintains and updates the Commercial Banking Pricing Model.
• Prepares and disseminates actual versus budget financial reports to business unit leaders.
• Assists in budget scheduling and data harvesting.
• Assists in Funds Transfer Pricing (FTP) process.
• Manages a portion of the annual operating budget, including budget analysis, modeling, reporting, training, and business unit leader support.
• Assists in preparation of business case financials.
• Provides Axiom uploads and updating.
• Prepares Darling Consulting Group Deposits360 file upload.
• Assists with gathering and organizing documentation for regulatory exams and audits.
• Assists with maintaining and updating policies and procedures.
• Manages small, short-term, ad hoc projects with defined scope and timeline, as needed.
• Provides back-up for investment and derivatives / hedging operations and cash management.
• Provides back-up for other department staff, as necessary.

Work Schedule

• Full-time; typically 40 hours per week.
• Flexible within core business hours, Pacific Time, Monday through Friday.
• Occasional extended early morning or late evening hours, and weekends, typically with advance notice.

Workplace Essentials

• Supports Tech CU’s Mission & Vision and consistently demonstrates Tech CU Values (Accelerate, Collaborate, Innovate, & Cultivate).
• Meets with manager on a regular basis to discuss goal alignment, performance metrics, and development plans.
• Complies with Tech CU policies and procedures.
• Upholds employee Code of Conduct and Business Ethics and ensures confidentiality of the workplace.
• Complies with regulatory requirements by federal, state, and local agencies.
• Adheres to internal controls and security measures designed to ensure regulatory compliance and mitigate losses and errors.

Qualifications

Education: Bachelor of Science/Bachelor of Arts degree in finance, business administration, economics, mathematics, accounting, or related business discipline. Concentration or minor in management information systems (MIS), business intelligence (BI), and/or artificial intelligence (AI) is a plus.

Experience: Prior work experience is preferred, including:

• Foundational experience with a strong aptitude for finance and/or accounting.
• Increasing experience with a relevant background in financial planning and analysis, data analytics, banking, and/or public accounting is a plus.
• Experience with databases is desirable.
• Experience with Power BI or similar business intelligence application preferred.

Knowledge/Skills/Abilities:

• Strong knowledge and understanding of principles and practices of financial analysis, financial modeling, and accounting.
• Strong knowledge and understanding of college level math (algebra, calculus, and statistics).
• Strong problem-solving skills with an analytical, quantitative, detail-oriented mindset.
• High ability to collect, evaluate, and interpret data, either in statistical or narrative form.
• High professional working proficiency in spoken and written English for formal written reports and presentations.
• High ability to work well in a team environment by establishing and maintaining effective working relationships with direct supervisor(s) and coworkers.
• Solid ability to effectively handle multiple projects, adjust to changing priorities, and meet deadlines.
• Solid aptitude for creating and/or maintaining financial models and analyses in a dynamic environment.
• Solid technical and analytical skills.
• Basic understanding of the financial services industry.
• Intermediate level Microsoft Office Suite skills, with particular emphasis on Excel (graphs, charts, complex formulas, macros, pivot tables, lookups, etc.).
• Highly adaptive and open to changes as the organization grows and its needs evolve.
• Database skills are desirable.
• Presentation skills are preferred.

Licensing/Certifications:   None required.

Travel: May be required to visit Tech CU locations outside of headquarters, typically with advance notice. Occasional offsite meetings or events, typically with advance notice, and generally not requiring overnight travel.

Typical Working Conditions: Office environment with direct and/or phone interaction with clients. May work remotely as determined by business need and individual performance.

Equipment Used: Routinely uses standard office equipment, including computer, phone, copier, and other devices.

Physical Requirements:

• Ability to sit 90% of the day.
• Speaking and listening to interact with clients and team in person or via phone.
• Reading a computer screen and performing keyboarding tasks for up to 85% of the day.
• Mobility to attend meetings within office building and offsite.

EQUAL EMPLOYMENT OPPORTUNITY

Technology Credit Union is an Equal Opportunity Employer. All qualified employees and applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetic information, age, disability, veteran status or any other legally protected basis. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Pay and Benefits

This is a grade 104 position, with a salary range from $69,200 to $96,800 with bonus potential of 7%. The anticipated range for new hires is between the low-end and midpoint of the range, depending on experience. Tech CU is a pay-for performance organization that benchmarks base pay to the 50th percentile of our market and we provide incentive-based compensation aligned with successful accomplishment of individual and corporate goals. The salary mentioned above is based on working in San Jose, CA. Salaries are based on the geographic location in which you live if working remotely.

Additionally, Tech CU provides health care benefits, life and disability insurance, 12 paid holidays and 401k with a company match; along with employee paid voluntary benefits. 5.54 Paid Time Off (PTO) hours accrue per bi-weekly paycheck (18 days per year) and will increase with length of service. Eight hours of Voluntary Time Off (VTO) are granted to full time employees annually to dedicate time to charitable organizations. Leaves of absences are available in adherence with state and federal regulations.