Senior Financial Risk Analyst

Overview

Compensation: $80,000 - $120,000 based on experience and credentials

Location Type: Hybrid, a flexible work model blending in-office and remote working

Position Type: Full Time

The Senior Financial Risk Analyst actively participates in the credit union’s risk monitoring activities to identify and evaluate trends that may indicate rising risks. The incumbent is responsible for evaluating financial information and evaluating regulatory requirements to determine Suncoast’s status against expectations. Key responsibilities include performing ongoing analysis to prepare recommendations presented to first line VPs and SVPs enterprise wide. The position leverages state-of-the-art industry data sciences tools to synthesize and analyze data while collaborating with first line employees to create recommendations with actionable items. The Senior Financial Risk Analyst will also help develop new enterprise risk reporting utilizing business intelligence.

Responsibilities

• Develop and produce enterprise key performance and key risk metrics to report to ERM management and relevant committees
• Develop analytics and recommend enterprise strategies to identify and mitigate the credit union’s liquidity, capital, and interest rate risk
• Assess trends impacting financial risk and provide real-time recommendations to mitigate areas of rising risk
• Perform complex analysis and modeling to identify patterns of activities or strategies contributing to elevated risk
• Analyze financial data and recommend appropriate risk mitigation strategies
• Collaborate with senior management to develop systems and strategies for financial risk management, including account monitoring techniques and strategies relating to the monitoring process
• Review current financial policies, such as Liquidity, Allowance, Capital Planning, and Investment policies, to recommend modifications based on trend analysis
• Build and maintain a reporting structure for measuring all financial risks, including liquidity, capital, and interest rate risk
• Collaborate with credit union partners, vendors, and third parties
• Provide assistance to Financial Risk Analysts
  
  

Qualifications

• Bachelor’s degree in finance, computer science, risk management or related field (A comparable combination of work experience and training may be substituted for education requirements.)
• 8 or more years of data and financial analysis experience, preferably with a financial institution
• 5 or more years of experience with Structured Query Language (SQL) and SSRS report writing
• 4 or more years of experience using Business Intelligence tools such as PowerBI, Tableau, and Qlik required
• Strong knowledge of capital, liquidity, interest rate risk, and other financial analyses
• Strong knowledge of descriptive and predictive statistical tools
• Experience with Python (Pandas, NumPy, SciPy libraries), VBA, Power BI and shell scripting are highly desired
• Ability to communicate complex data and analytics results to a business audience
• Strong analytical and problem-solving skills with the ability to interpret large amounts of data
• Ability to work in a highly productive environment and meet expected deadlines
• Ability to maintain a high level of confidentiality
  
  

Skills

• Analytics
• Data Modeling
• Compliance
• Project Management
  
  

Benefits

• Financial Well-Being: Bonus Program up to 9%, 401K Matching up to 8%, Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
• Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
• Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
• Community Involvement: Paid Volunteer Hours
• Growth: Degree Assistance up to $5,000 per year
• Flexibility: Remote, Hybrid, and Onsite Schedules
• Security: Pet Insurance, Free Identity Theft Protection, Legal Assistance
  
  

For more information, including additional benefits, please visit our benefits website at https://careers.suncoastcreditunion.com/benefits

Company Overview

Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community. Chartered in 1934, Suncoast has never furloughed any employees.

For more information, please visit our careers site at https://careers.suncoastcreditunion.com/