Financial Analyst
INSPYR Solutions - New York City, NY
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Title: Financial AnalystTake the next step in your career now, scroll down to read the full role description and make your application.Location: New York, NY Compensation: $60.00-$70.00/HourDuration: 8+ month contractWork Requirement: US Citizen, GC Holder, or Authorized to work in the U.S. If interested, please contact Margot Parsons at mparsons@ or call 714-465-5478Overview: Responsible for developing and implementing a resolution forecast for bank. Secondary responsibilities include drafting procedural documentation and facilitating review & challenge.Responsibilities: Provides comprehensive and complex financial analyses, with an emphasis on reporting and forecasting. Prepares and supervises the preparation of complex analytical and financial reports. Conducts and directs highly technical accounting-based research and analysis projects. Conducts/compiles and analyzes financial info or studies such as acquisition analysis, detailed financial plans, interest rate analysis*** operating forecasts, peer group comparisons, or integrated revenue/expense analyses, projections, reports, or presentations. Creates and analyzes monthly, quarterly and annual reports and ensures financial information has been recorded accurately. Provides analysis and interpretation of results. Identifies trends and developments in competitive environments and presents findings to senior management. Requires deep understanding of business lines supported to properly align financial models and to assess the impacts to operational goals and strategic plans. Manages the accounting/finance data through adhoc and management reporting. May be responsible for process improvement/automation pertaining to reporting. Requires a bachelor's degree and 4 or more years of experience in the field or in a related area. Has knowledge of commonly-used concepts, practices, and procedures within a particular field. Resolution Projections: Implement resolution-specific assumptions into liquidity risk management software for two entities. Develop and refine EUC (end user computing) to incorporate complex assumptions not directly captured in projection tools. Execute resolution scenario through combination of internal software and offline end-user-computing tools. Facilitate review & challenge of resolution projections. Work with stakeholders in Treasury, Risk and line of business to implement overlays and changes into production output. Work alongside Legal, Risk and Treasury professionals on resolution strategy and financial analysis. Evaluate inputs and outputs to ensure connectivity and appropriateness. Stress projection output through varying assumptions Balance Sheet Management: Translate cash flow output into balance sheet impacts. Work with Treasury and LRM to review and revise narrative to describe results and impacts to liquidity and balance sheet positions. Coordinate with SMEs and section drafters/reviewers regarding content, timeline, and financial analysis results. Evaluate contingent funding actions under a range of scenarios and outcomes Review & Challenge for Financial Results Lead review & challenge for key stakeholders on projections output. Develop materials to effectively conduct reviews Financial Projections Evaluate detailed projections of balance sheet and income under resolution Facilitate quality control of process, assumptions and results to ensure that documents accurately reflect outcomes Technical Writing Draft writing of procedural documentation to support process change descriptions Work with business SMEs to draft components of the resolution plan narrative Experience Requirements Liquidity risk experience, preferrably with a bank or other financial institution, at VP or above level Familiar with Treasury activities at foreign bank organizations Direct experience with developing and implementing financial forecasts for balances and liquidity Liquidity counter-measures and decisioning Technical Skills Strong technical skillset with proven ability to translate liquidity and business concepts into technical implementation steps MS Excel, SQL and VBA Built out comprehensive business requirements documents Financial Services Experience 10+ years in financial services Familiarity with foreign bank treasury operations and broker-dealer Regulatory experience, preferably with CCAR/DFAST and resolution planning Our benefits package includes: Comprehensive medical benefits Competitive pay 401(k) retirement plan ...and much more! About INSPYR SolutionsTechnology is our focus and quality is our commitment. As a national expert in delivering flexible technology and talent solutions, we strategically align industry and technical expertise with our clients' business objectives and cultural needs. Our solutions are tailored to each client and include a wide variety of professional services, project, and talent solutions. By always striving for excellence and focusing on the human aspect of our business, we work seamlessly with our talent and clients to match the right solutions to the right opportunities. Learn more about us at .INSPYR Solutions provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, INSPYR Solutions complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities
Created: 2025-03-12