Financial Analyst

Summary

Kitsap Credit Union is hiring a full-time salaried Financial Analyst to work hybrid out of our Bremerton Harborside location. This position is responsible for providing financial analyses and data support to Management, Asset Liability Committee (ALCO), and the Board of Directors, as well as the individual business units. Responsible for Asset Liability Management modeling and assumptions.

Quick Facts

Seniority level: Individual Contributor

Reports to: VP, Finance

Employment Type: Full-time, salaried, exempt, hybrid

Salary Range: $72,100 - $99,750 depending on experience

Working hours: Monday - Friday 8AM - 5PM

Grade: 9

Industry: Banking

Job Functions: Finance, Analyzing, Budgeting, Accounting

Typical Job Duties

• Perform financial forecasting and budgeting, which includes projecting the Balance Sheet and Income Statement, reporting on results, and monitoring operating metrics and trends.
• Work closely with our external vendor to prepare the quarterly interest rate risk update used to evaluate interest rate risk exposure and alternative strategies when necessary. Provide data, update key assumptions and review and make presentations of the results.
• Analyze various revenue and balance sheet strategies in partnership with business leads and present meaningful results to Management for consideration.
• Coordinate the preparation of the annual operating budget for non-interest income and expense in conjunction with department leads.
• Perform Credit Risk Management (CRM) analysis, including analysis of the qualitative factors affecting the Allowance for Loan Loss (ALLL) reserves and a quarterly economic report to Management explaining the results.

Basic Qualifications

• Bachelor’s degree in Finance, Accounting or Business required.
• Five years of financial analysis experience required, including valuation of financial assets and liabilities.

Preferred Qualifications

• Five years or more of experience with a credit union or other financial institution is preferred.
• Experience with Fiserv Prologue and Jack Henry Profitstars is preferred.

What We Offer

Not only are we one of the largest credit unions in Washington State, and growing, but we are also a company that cares about its employees. We back that up for our employees by offering competitive pay and a benefits package that helps support you and your family’s lifestyle. We value our employees, and we strive to keep our benefits comprehensive and affordable. Some of our benefits include:

Careers | Kitsap Credit Union (kitsapcu.org)

• Free onsite parking
• Annual time off and sick time accrued
• 10 Paid holidays
• 2 Personal days
• Medical, Dental, Vision, Short- and Long-term Disability, Life and AD&D Insurance
• Employee Assistance Program
• Choose from a PPO medical plan or a High Deductible with a Health Savings Account
• 3% KCU funded Safe Harbor Contribution to your 401K
• KCU will match up to 2% of your 401K contributions
• All 401K contributions are 100% vested
• Potential annual incentive in all roles within Kitsap Credit Union
• Tuition reimbursement
• 8 hours of paid volunteer time off
• Discounts on KCU's products and services
• Paid Care.com membership including back up childcare reimbursement
• Paid Rethink Care subscription, a personal wellness and professional resilience program

We believe in the power of belonging – it’s in our DNA as a not-for-profit, member-owned cooperative. Our un-bank-like structure ensures that we remain all about people: our members, our employees, and the people in the communities where we live and work. We work hard to provide a collaborative and inclusive environment where you can grow and excel in your career.

We are dedicated to serving our members by providing personalized experiences, convenient access, and highly competitive products and services. But it goes much deeper than that. For more than 86 years, we have been relentless about making a positive difference in our communities. We understand that when our members and communities succeed, we all succeed, and that success can’t happen without great employees. If this is the kind of organization, you’re looking for.

****** Employment is contingent upon satisfactory credit, background, and reference checks. Kitsap Credit Union is an Equal Opportunity Employer. All qualified applicants for employment will receive consideration without regard to sex, marital status, race, color, religion, national origin, age, veteran status, disability, genetic information, or any other protected status. ******

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