What are the responsibilities and job description for the Assistant Finance Manager position at KBW Financial Staffing & Recruiting?
Cambridge MA – In Office
95K-115K
Responsibilities
KBW789
95K-115K
Responsibilities
- manage the firm’s financial reporting
- Responsible for analyzing, and producing balance sheet and net interest income forecasts and related interest rate risk
- Manages the asset/liability modeling and generates various analyses in conjunction with external vendor
- Attends Asset-Liability Committee (ALCo) meetings
- Responsible for preparation of monthly/quarterly management and regulatory reports
- Assists with the preparation and development of operating and capital budgets
- Responsible for the preparation of the quarterly Liquidity Stress Testing
- Analyzes pricing and yield components of loans, investment, deposit, and borrowings
- Prepares and presents to management the monthly analysis of the investment securities portfolio
- Responsible for the calculation of the monthly provision for credit losses and related Allowance for Credit Losses on Loans ("CECL") work
- Prepares a comprehensive quarterly report documenting the reasons for the provision and the related environmental impacts on the provision and overall allowance
- Assists in developing reports to be used in the analysis and evaluation of potential acquisitions
- Identifies and reports compliance related issues and suspicious activity
- Bachelor's degree in business, accounting or finance
- At least five years of experience in bank accounting and finance
- 3 years of experience with financial reporting which includes knowledge of generally accepted accounting principles (GAAP) in a Banking environment
- Experience with financial analysis, interest rate risk management and investment securities
KBW789