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Business Analyst
$62k-78k (estimate)
Full Time | Banking 2 Months Ago
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Lafayette Federal Credit Union is Hiring a Business Analyst Near Rockville, MD

Description

Welcome to Lafayette Federal Credit Union Careers! We are excited you have decided to browse our current career opportunities. Teamwork and a sense of community make Lafayette Federal Credit Union a great place to work. Each person is valued for his or her unique set of skills. Our culture is about inclusion, diversity, high performance, and new opportunities. 

We share a common devotion to community, participating in charity events throughout each year. Professional development, training, and certification is a priority for our employees. We also provide employees with a competitive salary and a generous benefits package including company paid (99.9%) monthly insurance premium for single and family coverage under the HM0 Plan, 401k match, Life/STD/LTD, PTO, Holidays and Commuter Benefits Program and more! 

What makes LFCU cutting-edge? We are recognized in the S&P Global Market Intelligence Report as one of the Top 100 performing credit unions in 2021 for the second year in a row, securing the #12 spot out of over 1,700 qualified credit unions nationwide. 

Our organization is growing, and we are seeking top-notch individuals to provide support to our members. Our goal is to become the premier financial partner for every one of our members and our LFCU member support team is a critical component in achieving that success. 

We are currently seeking a highly motivated Business Analyst to join our dynamic Finance team! 

· Do you have excellent communication and interpersonal skills?

· Are you proactive?

If so, then Lafayette Federal Credit Union is the place for you! 

About the Position

Responsibilities:

The Business Analyst works closely with the Chief Financial Officer to expand the credit union's products, services and investor relations. Periodically review products and services offered by competitors (both credit unions and banks), identify potential opportunities for LFCU and makes a recommendation as appropriate. Utilizes knowledge of business, finance, banking, technology and compliance to identify and flush out potential opportunities and solutions that best serve the membership while still working within risk parameters that protect the credit union.

The Business Analyst supports in business planning and analyzes to ensure project deliverables meet department requirements and deadlines. Gathers, organizes and evaluates data related to specific issues, programs or projects. May coordinate proposal preparation, implementation plans and monitoring system with other departments. Assists with the creation of the business plan documents and quarterly business plan reports. Assists with development and management of departmental budget. Provide administrative assistance to Finance Department when needed. 

The Business Analyst aids the Chief Financial Officer, for whom they work, with tasks such as scheduling; reviewing, prioritizing, and responding to emails; answering and returning phone calls; organizing documents; maintaining records; taking notes at meetings and any other administrative tasks that help the CFO perform their job and be prepared for anything that comes their way. 

The Business Analyst serves as the Finance Department liaison for Project Management. Coordinates with the CFO, Finance, Accounting, and Financial Operations on Project Assignments and team testing. Ensures that the Finance Department SMT projects remain on track and meeting packets are prepared by the meeting date. The Business Analyst also works with the Finance Department Managers to assist in the coordination of audits and exams.

Requirements

Qualified candidates will have:

  • A positive credit standing.

Education and Skills:

· Bachelor’s degree 

· Finance/Accounting background to analyze reports

· Advanced knowledge of MS Office

Interpersonal skills:

· Excellent communication skills, interpersonal skills, ethics, and cultural awareness

· Resourceful, problem-solving aptitude 

. Strong detail-oriented and resourceful mindset

· Attention to detail

· Great verbal and written communication skills

· Professional discretion

· Ability to multitask and prioritize tasks

· Excellent time management skills

Physical Requirements and Work Environment:

  • This position requires manual dexterity, the ability to lift files and open cabinets.
  • This position requires bending, stooping or standing as necessary.
  • This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.

The job posting highlights the most critical responsibilities and requirements of the job. It’s not all-inclusive. There may be additional duties, responsibilities, and qualifications for this job.

Lafayette Federal Credit Union is committed to the health and safety of our employees, volunteers, and members. As such, we will require that all newly hired members of our team be COVID vaccinated (including the booster if eligible) two weeks prior to their first day of work. 

*Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer

*EOE/AA/DISABILITY/VETERAN 

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$62k-78k (estimate)

POST DATE

02/02/2023

EXPIRATION DATE

05/30/2023

WEBSITE

lfcu.org

HEADQUARTERS

MC LEAN, VA

SIZE

100 - 200

FOUNDED

1935

CEO

PETER BENJAMIN

REVENUE

$10M - $50M

INDUSTRY

Banking

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About Lafayette Federal Credit Union

Lafayette Federal Credit Union is one of the premiere financial institutions in the Washington, D.C. area. Since our founding in 1935, we have sought to provide our members with a safe and convenient place to save, and to offer loans at rates and terms more favorable than those of other financial institutions. We also work hard to provide top-notch customer service. View our careers at www.lfcu.org/careers! Federally insured by NCUA. Equal Housing Lender. Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (CFS), a registered broker-dealer (Member FIN...RA 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. Lafayette Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. Investment representatives at Lafayette Federal Credit Union are licensed to transact securities business in MD. More
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If you are interested in becoming a Business Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Analyst for your reference.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

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Volunteer to perform Business Analyst related tasks.

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Acquire and Leverage on Relevant Skills.

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Being Diligent with Time Management.

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