Financial Analyst

Posted 2 Days Ago
Broomfield, CO, USA
In-Office
72K-90K Annually
Junior
Financial Services
The Role
Analyze complex financial, credit risk, and profitability data to produce recurring and ad-hoc reports, committee packages, and statistical models. Lead monthly CECL loan loss allowance calculations, automate processes using SQL/Python/Excel, maintain finance and credit risk databases, and present findings to management and executives. Collaborate with internal teams and vendors to support FP&A and treasury objectives.
Summary Generated by Built In

When joining Elevations, you can expect to work for a company with:

  • A leadership team that strives to make this the best place you’ve ever worked!
  • A focus on supporting our employees’ mental, physical, and financial well-being
  • A commitment to diversity, equity, and inclusion recognized by the Denver Business Journal and Colorado Association of Realtors
  • A highly engaged workforce devoted to innovation, continuous improvement, and collaboration
  • A reputation for excellence, as evidenced by being a two-time recipient of the Malcolm Baldrige National Quality Award
  • A passion for consistently providing amazing experiences and creating raving fans

If you join our team, here are some of the perks you can expect:

  • A competitive total rewards package with 4 weeks paid time off for full-time employees, work anniversary paid time off, paid volunteer time off, and 12 paid holidays
  • Comprehensive medical, dental, and vision plans with employer contributions to supercharge your Health Savings Account
  • Up to a 4% match on 401(k) contributions
  • Up to twelve weeks of fully paid parental leave
  • An extensive Employee Assistance Program that provides personalized care options for your whole household
  • Ample opportunity to learn, develop and grow with access to LinkedIn Learning, career and leadership development programs, job shadowing, a mentor program, and tuition reimbursement up to $5,250/year

Location:
  • Elevations Credit Union- Broomfield Basecamp

  • Hybrid: Employees who are able to perform the essential functions of their jobs away from an Elevations location may do so with the expectation that they are onsite at least fifty percent of the time over a two-week pay period.
Summary/Objective:

Analyzes complex financial data using an understanding of enterprise data and financial acumen to produce meaningful results with direction from senior staff or management. Evaluates financial performance and provides recommendations to management for achieving FP&A and treasury objectives. Responsible for generating complex reoccurring financial and risk reporting, committee packages, and ad-hoc data modeling. This position will require collaboration with internal business units, external vendors, and presenting to executive-level audiences.

Essential Functions:
  • Prepares reoccurring reporting for various committees, teams, and the board of directors
  • Analyzes financial data specific to FP&A, Profitability, Accounting, Credit Risk, and Enterprise Risk by generating a complex quantitative studies (statistical modeling)
  • Leads the monthly loan loss allowance (CECL) calculation and including periodic assumption validations and back-testing
  • Performs ad-hoc reporting and analysis
  • Proactively implements automation to streamline processes using SQL, Python, and Excel
  • Utilizes and creates Finance and Credit Risk databases leveraging Business Intelligence best practices
  • Enhances documentation of department level process and procedures
  • Responsible for supplemental economic research to support internal qualitative assumptions
Reports To:

Manager Finance

Manages:

This role generally does not have supervisory responsibility. May train or mentor junior staff as needed.

Required Skills, Education and Experience:
  • Two or more years of financial analysis experience, preferably within Financial Services
  • Demonstrates working knowledge of Finance, Credit Risk, Accounting, and Business Intelligence
  • FP&A, CECL, P&L, Investments, Profitability, Underwriting, Collections, GAAP, GL, and Data Modeling
  • Excellent personal computer and Microsoft Office Suite skills
  • Understanding of data/statistical languages: Excel, SQL, Python
  • Strong written, presentation, and interpersonal skills with a drive for mentorship/ability to cascade knowledge
  • Ability to work in high production environment and respond quickly and effectively under pressure, changing priorities and tight timelines/deadlines. Able to have a flexible work schedule
  • Ability to work independently and within a team environment to make rational timely decisions
  • High degree of accuracy, attention to detail, integrity, work ethic, and willingness to learn
  • Internally motivated to seek out answers, generate ideas, and develop new skills
  • Ability to learn new software products and think creatively to find new solutions/efficiencies
  • Ability to partner with cross-functional teams as a key contributor to their ongoing success
  • Adheres to all Federal and State laws and regulations governing applicable to the Credit Union, including the Bank Secrecy Act
Preferred Skills, Education and Experience:
  • Bachelor’s degree required with a strong preference in Finance, Economics, or Accounting.
Work Environment:

Elevations uses multi-factor authentication to keep our data safe. As such, a personal smartphone is a requirement for employment with us. This job operates in an office setting and routinely uses standard office equipment.

Physical Requirements:

 Sitting frequently, walking occasionally, use of hands frequently, hearing constantly, talking frequently, exerting up to 10 lbs of force occasionally to lift, carry, push, pull, or move objects

Position Type/Expected Hours of Work:
  • Full time / 40 hours per week
  • Monday through Friday
Classification:

Exempt

Compensation:

The person hired into this position will likely earn between $71,973 & $89,966  annual salary, plus annual bonus.

Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.

Anticipated Application Window:

 This role is anticipated to close within 25 days from the date of posting. However, if the position has not been filled, Elevations may keep the application period open longer.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.


About Us: Elevations Credit Union is a member-owned not-for-profit financial institution serving Colorado’s Front Range. Founded in 1952, we’ve grown from 12 members and less than $100 in assets to an institution with 15 branches and more than 170,000 members that manages over $3 billion in assets and is the No. 1 credit union mortgage lender in Colorado. At Elevations, we’ve made a commitment to move away from a product-centered business model and focus instead on creating consumer solutions. Our objective is to provide our members, as well as the entire community, with unbiased consumer information.


EEO Statement: The Credit Union is dedicated to the principles of equal employment opportunity. We prohibit unlawful discrimination against applicants or employees on the basis of age 40 and over, race (including traits historically associated with race, such as hair texture and length, protective hairstyles), sex, sexual orientation, gender identity, gender expression, color, religion, creed, national origin, ancestry, disability, military status, genetic information, marital status, or any other status protected by applicable state or local law.


Candidates for certain positions may be required to submit to a credit history report in determining qualification for employment with Elevations Credit Union. If the position you are applying for requires a credit history report, any information received in such a report will not be the sole factor in making an employment decision. A history of personal financial irresponsibility may be reason for disqualification insofar as it relates to your potential job duties. Elevations Credit Union is aware that occasionally there are extenuating circumstances that may affect an individual's credit history. We comply with the Fair Credit Reporting Act and the Colorado Employment Opportunity Act.


ELEVATIONS CREDIT UNION’S COMMITMENT TO PRIVACY

Your privacy is important to us. When you use this Careers site to apply for a job at Elevations Credit Union (“we” and “us”), we collect your personal information.  Examples of personal information collected on the Careers site include your name, contact details, and information you provide for purposes of job applications.  We do not sell your personal information to a third party.  We may share your information with a third party who is performing a service for us related to job applicants. If you have any questions about this privacy statement, please contact us.


Applicants have rights under Federal Employment Laws

Know Your Rights Poster

Employee Polygraph Protection Act (EPPA) 

Skills Required

  • Two or more years of financial analysis experience
  • Experience within Financial Services
  • Working knowledge of Finance, Credit Risk, Accounting, and Business Intelligence
  • Experience with FP&A, CECL, P&L, Investments, Profitability, Underwriting, Collections, GAAP, GL, and Data Modeling
  • Proficiency with Microsoft Office Suite (Excel emphasized)
  • Understanding of data/statistical languages: Excel, SQL, Python
  • Strong written, presentation, and interpersonal skills
  • Ability to work under pressure, manage changing priorities, and meet tight deadlines
  • Ability to work independently and as part of a team
  • High degree of accuracy, attention to detail, integrity, and strong work ethic
  • Willingness and ability to learn new software and implement process improvements/automation
  • Adherence to Federal and State laws and regulations applicable to the Credit Union, including the Bank Secrecy Act
  • Bachelor's degree required (strong preference for Finance, Economics, or Accounting)
  • Personal smartphone required for multi-factor authentication
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The Company
HQ: Boulder, CO
596 Employees
Year Founded: 1952

What We Do

Elevations Credit Union is a member-owned not-for-profit financial institution serving Colorado’s Front Range. Elevations provides a broad portfolio of financial products and services including checking and savings accounts, mortgage loans, credit cards, auto loans, home equity loans, student loans, business loans and financial planning. Founded in 1952 as the U of C Federal Credit Union in Boulder, Elevations has grown from 12 members and less than $100 in assets to an institution with more than 130,000 members that manages more than $2 billion in assets and is the No. 1 credit union mortgage lender in Colorado. In 2015 and 2016, Elevations was named one of the Best Companies to Work For in Colorado by the Colorado Society for Human Resource Management. ----- Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA www.finra.org /SIPC www.sipc.org ) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Elevations Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. Investment representatives at Elevations Credit Union are licensed to transact securities business in CO.

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