Job Details

Join Our Team as a Financial Analyst at IHMVCU!

IHMVCU is member-focused and dedicated to providing exceptional service and fostering financial well-being for our community. We are seeking a highly skilled and experienced Financial Analyst to join our team.

Regionalcandidates will have access to our beautiful headquarters located on River Drive in Moline, IL. This facility includes a comfortable office environment with an on-site gym facility. This role is also open to remote candidates in select states.

Summary of Position:

We are seeking a Financial Analyst who is curious about processes and improvements, driven to learn and adapt, comfortable working with large data sets, and proactive in bringing forward potential solutions. In this role, you will read, interpret, and analyze financial statements, asset-liability reports, allowance for credit loss, investment reports, and other financial documents, providing written and verbal insights on trends and abnormalities to departmental management. You will collaborate as part of a functional team to discuss results, offer insights that support strategies aligned with corporate goals and initiatives, and work with team members to implement departmental strategies that advance organizational objectives. Additionally, you will maintain and continuously update process and procedure documents governing all assigned duties to ensure accuracy and relevance.

Experience Required:

• 4-year College Degree in Finance and/or Accounting.
• Experience in a financial services industry segment, Credit Union experience preferred.
• Budgeting or forecasting experience is a plus.
• Knowledge of various allocation methodologies and modeling documentation processes is a plus.
• Ability to understand model outputs and present meaningful results to management.
• Ability to adjust to changing priorities as needed.
• Proficient in Excel, Word, and other financial analytic tools; Power BI experience is a plus.

Key Responsibilities:

• Data Analysis: Analyze financial data and reports, uncover patterns and trends, and provide insights to assist management in making informed financial decisions.
• Reporting: Update monthly financial data management applications, publish management reports, and prepare various quarterly reports and submission files.
• Performance Enhancement: Assist the department in implementing projects to enhance performance, increase efficiencies, and reduce costs.
• Miscellaneous Tasks: Perform budget/variance analysis, peer analysis, ALCO reporting, charge off and delinquency reporting, input actual monthly results into financial models, maintain watch list loans within the CECL model, preparation of call report schedules, and other tasks as assigned.

Being a team member of IHMVCU is more than just a job, we want to make differences in the communities we live in and serve. Check out our careers page for more information including benefits Final compensation will be determined by various factors such as experience, specific skills and internal pay equity.

Move Up your career at IHMVCU with this great opportunity!

Physical Requirements

• Sitting: Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
• Talking: Expressing or exchanging ideas by means of the spoken word; those activities where detailed or important spoken instructions must be conveyed to other workers accurately, loudly, or quickly.
• Hearing: Perceiving the nature of sounds at normal speaking levels with or without correction and having the ability to receive detailed information through oral communication and making fine discriminations in sound.
• Finger, handle, touch: Picking, pinching, typing or otherwise working, primarily with fingers rather than with whole hand or arm as in handling. Applying pressure to an object with the fingers and palm.
• Visual Demands: Visual acuity to do things such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading.
• Lifting Demands: Up to 10 lbs.