Sr Analyst Financial Strategy & Profitability

Job Description

JOB INFORMATION

Title:

Sr Analyst Financial Strategy & Profitability

Officer Title:

AVP

Grade:

30

FLSA Classification:

Exempt

Date Last Edited:

3/19/2024

Reports To:

SVP, Senior Director of Financial Planning and Analysis

Department:

Financial Planning & Analysis

URL Link

https://hvfcu.jdxpert.com/ShowJob.aspx?EntityID=2&jobcode=967

PRIMARY FUNCTION

Responsible for leading profitability methodology, measurement, reporting, and analysis to support all lines of business.  Scope to include product, member, and account level profitability.  Develop and implement advanced modeling techniques to forecast financial and product performance.

•

Assess, adjust, and maintain profitability tools; building or implementing new tools & systems where deemed necessary.

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Responsible for the methodology used to determine product, member, and account level profitability.

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Use advanced financial analytics such as predictive modeling, time-series analysis, and real-time analytics to facilitate data-driven decisions.

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Conduct in-depth financial analysis, including profitability analysis, cost analysis, and trend analysis, to identify opportunities for improvement and efficiency.

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Collaborate directly with SVP and stakeholders on pricing strategies.

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Provide ad-hoc and customized reporting from financial and data warehouse systems.

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Guide decisions around GL structure and improvements.

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Collaborate directly with SVP and stakeholders to provide financial insights and recommendations

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As Senior Analyst, lead team of financial analysts within department

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Adhere to all Credit Union policies, procedures, and regulatory agency requirements. Participate in all required and recommended training and development including, but not limited to, Bank Secrecy Act training (BSA) and demonstrate attained knowledge. Participate on Credit Union teams, projects and strategic initiatives when the opportunity arises. Perform additional duties and special projects as assigned.

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Embrace and apply HVCU’s guiding principles to all activities and responsibilities. This includes the Credit Union’s Mission, Vision, Core Values, Employee and Member Value Propositions, Sales and Service Model, and commitment to Lean Six Sigma practices. Support the Credit Union’s initiatives by demonstrating teamwork and professionalism.

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Responsible for regular and predictable attendance including punctuality.

Bachelor’s Degree

Finance, Business Administration

X

Master’s Degree

Finance, Business Administration

X

Minimum 5 Years

Work history in Credit Union or Financial Institution

X

Minimum 5 Years

Work history in finance or accounting

X

Minimum 5 Years

Work history in data analytics/forecasting/modeling

X

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Must be able to demonstrate working knowledge of finance and accounting concepts.

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Ability to multi-task and handle varying deadlines within a fast paced work environment.

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Advanced proficiency in Microsoft Office Software (Word, Excel, Outlook, PowerPoint, etc.)

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Must have experience with the application of computer software models.

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Must be able to learn new software products.

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Advanced verbal, written and presentation skills.

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Must be able to demonstrate advanced analytical, communication and interpersonal skills.

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Ability to effectively communicate with Senior Management.

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Ability to work in a fast-paced environment and deal with a variety of internal/external customer and vendor situations.

PHYSICAL DEMANDS

Frequency

Physical Demand

Weight (lbs.)

Frequently

Sit for prolonged periods of time

Frequently

Required to communicate verbally

Frequently

Normal range of vision and hearing abilities required

Occasionally

Travel outside of work location to attend meetings and training programs

Frequently

Required to skillfully operate a computer, telephone and other standard office equipment

WORK ENVIRONMENT

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Typically the noise level in the work environment is low to moderate.

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May experience occasional job stress in dealing with difficult situations and/or high volume.

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High energy, high impact atmosphere.

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There are no significant hazardous conditions.

View Competencies

Analytical Approach

Synthesizes ideas and information required for process improvement into a manageable form.

Level 4

1. Models a consistently analytical basis for decision making.

2. Re-frames complex ideas and diverse data into simple pictures or statements.

3. Scrutinizes counterintuitive findings before implementing.

4. Presents defensible, well documented business cases.

5. Negotiates from rational positions.

6. Advocates on behalf of unpopular initiatives that have merit.

Decision Making and Critical Thinking IC

Understanding of the issues related to the decision-making process; ability to analyze situations fully and accurately, and reach productive decisions.

Level 3

1. Uses effective decision-making approaches such as consultative, command, or consensus.

2. Differentiates assumptions, perspectives, and historical frameworks.

3. Leverages experience in analyzing relevant data and assessing implications of alternatives.

4. Identifies decision options and points and predicts their potential impact.

5. Evaluates past decisions for insights to improve decision-making process.

6. Makes sure assumptions and received wisdom are objectively analyzed in decisions.

Service Excellence

Consistently incorporates Hudson Valley's member and employee value proposition, reinforcing organizational culture and brand differentiators.

Level 3

1. Creates a sense of accountability and personal ownership for employees and self.  2. Designs strategies to inspire peers and business unit to raise the bar of customer service delivery.  3. Monitors industry for trends in enhancing member service with special attention to financial services.  4. Establishes best practices for internal and external service excellence.  5. Systematically identifies potential problems when designing systems/processes using techniques including brainstorming and cost/benefit analyses to reduce the chances of unnecessary problems.

Flexibility and Adaptability

Adapts as needed; knowledge of successful approaches, tools, and techniques for dealing with changes and adapting to a changing environment.

Level 3

1. Helps others adapt to changing environments and accept new situations.  2. Identifies and elevates process improvements.  3. Leverages prior experience as a help towards handling changing situations.  4. Makes progress in an atmosphere of ambiguity and uncertainty.  5. Recovers from disappointments and setbacks.  6. Works effectively with unstructured teams, situations, or environments.

Work Standards

Sets high standards of performance for self and others; assumes responsibility and accountability for successfully completing assignments or tasks.

Level 3

1.  Coaches others to develop effective techniques for producing expected results.  2. Confirms achievement and acceptance of results to ensure process closure.  3. Escalates unusual findings that could have an impact on future process cycles.  4. Mobilizes group to anticipate likely results expected in future process cycles.  5. Recognizes significant results in ways that sustain employee motivation to achieve.  6. Sets critical work standards and expectations for a group or unit.

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee in this position.  Additional functions and requirements may be assigned by supervisors as deemed appropriate, with or without notice.

Nothing contained in this material creates a contract of employment between an employee and Hudson Valley Credit Union or otherwise alters the at-will nature of the employment relationship.

Are you able to perform the essential functions listed in this job description with or without reasonable accommodation?  YES_______  NO_______

By signing below you certify that you have received this job description and understand the requirements, essential functions and duties of the position.  If you are currently employed in this position, your signature acknowledge that this job description accurately describes the position, including its essential functions.

Name:  _____________________________________________

Signature: _____________________________________________

Date:  _____________________________________________ 

Please also note that Hudson Valley Credit Union respects the religious beliefs and practices of employees and will, on request, reasonably accommodate its employees when a reasonable accommodation is available that does not create an undue hardship on the Credit Union’s business.  Therefore, unavailability for work due to religious observances or practices may not be a bar to employment.