Financial Analyst
Company: Disability Solutions
Location: Lancaster
Posted on: May 4, 2024
Job Description:
Value PropositionOur values define us and our inspires us to Our
employees are the heart and soul of our company, and every success
we experience begins with them. Together we are committed to making
a positive impact in our We champion a culture of and . We promote
a digitally enabled work environment to continuously enhance the
experience of our OverviewPrepares regulatory reporting for
interest rate risk, including net interest income (NII) and
economic value of equity (EVE), and other required weekly, monthly,
and quarterly reporting. Analyzes results for the corporation and
identifies trends and areas of focus. Compiles asset liability
management (ALM) data for regular reporting and funds transfer
pricing (FTP). Downloads and maps data including loans, deposits,
investments, and borrowings from various sub-systems and reconciles
to the general ledger. Assists in the maintenance of the BancWare
ALM model, BancWare Data Integration (BDI), and updates behaviors
and assumptions as needed. Assists with BancWare model upgrades as
well as internal loan and deposit studies. Supports/assists with
FTP. Assists with funding the Bank's daily balance sheet
needs.Responsibilities
- Prepares balance trend reporting for loans, deposits,
investments, and borrowings for the corporate Asset Liability
Committee (ALCO). Researches customer-specific activity and
prepares weekly changes to ensure management stays informed and
that information is in a form that effectively communicates results
to a variety of users. Compiles packets for distribution to ALCO on
a weekly, monthly, and quarterly basis. Compiles packets for
earnings calls and board meetings on a quarterly basis. Compiles
and maintains monthly FTP data and provides data to Financial
Planning & Analysis (FP&A).
- Downloads and maps data in the BancWare asset liability
management model and reconciles to the general ledger. Maintains
mapping logic and validates data on a monthly basis through
BancWare data integration (BDI) process. Updates, creates, and
maintains various interest rate scenarios in the BancWare model to
support management with effective interest rate risk management.
Completes and/or assists with annual assumption sensitivity
testing, Bancware model backtesting, and internal loan prepayment,
deposit decay, and price sensitivity studies.
- Compiles net interest income and economic value of equity
results. Analyzes drivers of change for the corporation for
management and regulatory reporting. Prepares and enhances
reporting and completes ad-hoc requests.
- Assist the Liquidity Manager in funding the Bank's balance
sheet and any reporting that may be required to do so.
- Maintains documentation, procedures, and authorized signatures
to meet current requirements for audit, regulators, and the
Sarbanes-Oxley Act. Works closely with operational departments to
ensure timely and accurate resolution of any data
discrepancies.QualificationsEducationBachelor Degree or the
equivalent experience. Specialty: Finance, Economics or other
applicable. (Required)Experience3 or more years Banking or
financial services . (Required)1 or more years Asset Liability
Management. (Preferred)Knowledge, Skills, and Abilities
- Must have a college degree in finance, economics, or a related
field, with three years of experience in banking or financial
services, preferably with experience in asset-liability management.
Knowledge of loan, deposit, investment, and general ledger
accounting systems and be familiar with the BancWare
asset-liability modeling system and BDI data transformation system
preferred. Must be skilled in the use of the Microsoft Suite
including Excel, Word, and PowerPoint - strong Excel spreadsheet
skills are a must. SAS and SQL experience preferred. Must have the
ability to compile and analyze data and exhibit excellent critical
thinking skills. Strong interpersonal skills and a strong ability
to effectively communicate data in both verbal and written form are
required.This is a Hybrid position based out of our Headquarters
location in Lancaster, PAThis role may perform other job duties as
assigned by the manager. Each employee of the Organization,
regardless of position, is accountable for reading, understanding
and acting on the contents of all Company-assigned and/or job
related Compliance Programs, regulations and policies and
procedures, as well as ensure that all Compliance Training
assignments are completed by established due dates. This includes
but is not limited to, understanding and identifying compliance
risks impacting their department(s), ensuring compliance with
applicable laws or regulations, and escalating compliance risks to
the appropriate level of management.Pay TransparencyTo provide
greater transparency to candidates, we share base salary ranges on
all job postings regardless of state. We set standard salary ranges
for our roles based on the position, function, and
responsibilities, as benchmarked against similarly sized companies
in our industry. Specific compensation offered will be determined
based on a combination of factors including the candidate's
knowledge, skills, depth of work experience, and relevant
licenses/credentials. The salary range may vary based on geographic
location.The salary range for this position is $59,900.00 -
$99,800.00 annually.BenefitsAdditionally, as part of our Total
Rewards program, Fulton Bank offers a comprehensive benefits
package to those who qualify. This includes medical plans with
prescription drug coverage; flexible spending account or health
savings account depending on the medical plan chosen; dental and
vision insurance; life insurance; 401(k) program with employer
match and Employee Stock Purchase Plan; paid time off programs
including holiday pay and paid volunteer time; disability insurance
coverage and maternity and parental leave; adoption assistance;
educational assistance and a robust wellness program with financial
incentives. To learn more about your potential eligibility for
these programs, please visit .EEO StatementFulton Bank ("Fulton")
is an equal opportunity employer and is committed to providing
equal employment opportunity for all qualified persons. Fulton will
recruit, hire, train and promote persons in all job titles, and
ensure that all other personnel actions are administered, without
regard to race, color, religion, creed, sexual orientation,
national origin, citizenship, gender, gender identity, age, genetic
information, marital status, disability, covered veteran status, or
any other legally protected status. Sponsorship StatementAs a
condition of employment, individuals must be authorized to work in
the United States without sponsorship for a work visa by Fulton
Bank currently or in the future.
Keywords: Disability Solutions, Reading , Financial Analyst, Accounting, Auditing , Lancaster, Pennsylvania
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