Financial Risk Analyst I
Financial Risk Analyst I
Navy Federal Credit Union
Pensacola, FL
Job ID : 697671776e5a5666316d57567a304e4c38673d3d
Job Description :
YOUR LIFE'S MISSION: POSSIBLE
You have goals, dreams, hobbies and things you’re passionate about.
What’s Important to You Is Important to Us
We’re looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family and passions. And we're looking for team members who are passionate about our mission—making a difference in military members' and their families' lives. Together, we can make it happen.
Don’t take our word for it.
- Military Times 2021 Best for Vets Employers
- WayUp Top 100 Internship Programs
- Forbes® 2022 The Best Employers for New Grads
- Forbes® America's Best Employers
- Newsweek Top 100 Most Loved Workplaces
- Fortune Best Workplaces for Women
- Fortune 100 Best Companies to Work For®
- Computerworld® Best Places to Work in IT
Basic Purpose
The role will be responsible for developing an in-depth understanding of our behavioral modeling in order to support analysis/reporting of Navy Federal’s profitability, liquidity, capital, and interest rate risk to management and our business unit partners.
Responsibilities
- Perform quantitative analysis to estimate the impacts of various interest rate and assumption shocks to Navy Federal’s balance sheet risk management
- Analyze and evaluate the reasonableness and accuracy of the model results across all scenarios
- Provide support in preparing monthly reporting to senior management
- Assist in the monitoring of actual monthly performance as compared to annual budget forecasts to understand drivers of variances and their impact to ongoing performance
- Evaluate operational efficiency and effectiveness by researching and analyzing internal and/or external industry trends, markets, and other benchmarks
Required Knowledge, Skills & Abilities
- Knowledge of financial analysis, financial modeling, and ALM theory and techniques; with preference towards hands-on experience. Understanding of, and prefer experience with, prepayment and loss modeling
- Experience with measuring and managing EVE, NII, EaR, VaR, Stress Testing, Scenario Analysis and/or Sensitivity Analysis
- One to three years of experience with evidence of progressively significant responsibility in market risk, Asset/Liability management (ALM), credit risk or financial modeling within the financial services industry
- Attention to detail and maintaining controls, and a demonstrated ability to research, analyze and interpret complex statistical and financial data
- Experience participating in cross-functional, multi-dimensional teams and projects
- Persuasive and diplomatic communication, both verbal and written, of facts and conclusions related to complex analytical results and issues
- Effective interaction with all levels of management and staff as well as external entities (e.g. regulators, auditors and vendors)
Additional Expertise
- Bachelor’s degree in finance, economics, or quantitative discipline such as statistics, mathematics, physics, or related field with knowledge of or experience in finance
- Advanced degree or professional certification (CFA, FRM, or PRM) preferred
Preferred Experience
- Quantitative Risk Management (QRM) experience or equivalent
- Thorough knowledge of, and extensive experience with, credit union or retail banking operations
- Proficiencies utilizing various reporting platforms and query languages including, but not limited to, Power BI, Tableau, VBA, SQL, and Python
Hours: Monday - Friday, 8:00AM - 4:30PM
Location: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Dr. Pensacola, FL 32526 | 141 Security Dr. Winchester, VA 22602
Navy Federal is now hybrid! Our standard enterprise requirement for a hybrid schedule is to report on-site 4-16 days each month. The number of days reporting on-site will ultimately be determined by the employee's leadership and business unit needs. You will learn more throughout the hiring and on boarding process.
Salary Range: $74,400 - $127,200 annually
Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position.
Posting End Date: 02/20/23
Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume.
Equal Employment Opportunity
Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability
Disclaimer
Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position.
Bank Secrecy Act
Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Company Details :
Name : Navy Federal Credit Union
CEO : Mary McDuffie
Headquarter : Vienna, VA
Revenue : Unknown / Non-Applicable
Size : 10000+ Employees
Type : Self-employed
Primary Industry : Banking & Lending
Sector Name : Financial Services
Year Founded : 1933
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Details
: Pensacola, FL
: 74400 - 127200 USD ANNUAL
: Today
