HiringCafe
Posted 1mo ago

Financial Analyst

@ Republic Bank of Chicago
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Oak Brook, Illinois, United States
$50k-$65k/yrOnsiteFull Time
Responsibilities:Assist in preparation, Maintain financial model, Prepare departmental reports
Requirements Summary:Bachelor's degree or equivalent; strong analytical skills; Excel and Word proficiency; good communication.
Technical Tools Mentioned:Excel, Microsoft Word
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Job Description

GENERAL FUNCTION:         To assist the Finance team in maintaining the accuracy of the general ledger and all Asset / Liability functions. 



 



ESSENTIAL DUTIES AND RESPONSIBILITIES:





  1. Assist in the preparation of asset/liability, projections and other risk management reports.




  2. Maintain and regularly update financial model.




  3. Prepare departmental reporting and branch profitability.




  4. Review accounting data for daily cash requirements, primarily for liquidity planning.




  5. Produce various regulatory and financial reports as needed.




  6. Make recommendations for improving internal controls and operating efficiencies based upon own work routine and through the review of other’s work.




  7. Create various short and long-term financial projections.




  8. Assist in the development of the annual bank budget in conjunction with other department personnel.




  9. Responsible for all loan pledge reporting to the FHLB (Federal Home Loan Bank) and FRB (Federal Reserve Bank). Develop, monitor and analyze all activities for pledging to these two entities.




  10. Maintain and monitor collateral levels for certain deposit accounts.




  11. Perform other accounting responsibilities as backup function for all accounting staff.





 



 



EXPECTACTIONS:






  • The ability to communicate and collaborate with internal and external personnel in a professional and timely manner.




  • The ability to follow established policies and procedures, work effectively and efficiently in a fast paced environment and process requests per instructions.




  • The ability to maintain and follow through on assignments and daily duties.





 



 



MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:





  • Bachelor’s degree or equivalent experience and high school diploma.




  • Experience within financial institutions a plus.




  • Strong analytical ability with an attention to detail.




  • Proficient in Excel and Microsoft Word.




  • Comfortable with math and calculations.




  • Excellent phone and communication skills.





 



 



 



ADDITIONAL RESPONSIBILITIES:



Every employee of Republic Bank is responsible for knowing and practicing Bank Secrecy Laws (AML/CIP/SAR/CTR/OFAC), and the USA Patriot Act, and other related regulations as they relate to their specific job function.  Training will be provided during your Introductory Period and annually thereafter.  If you need additional training, you are responsible for contacting your immediate supervisor and/or the Director of Training.