Note: The job is a remote job and is open to candidates in USA. The Bank of Missouri is an independent community bank serving communities through financial services. The Contract Services Financial Risk Manager analyzes financial statements, conducts risk assessments, develops financial models, and supports Relationship Managers in evaluating the financial viability and obligations of fintech relationships and prospects.
Responsibilities
- Works on data intensive projects, including analytics, governance, and manipulation, to support a variety of financial risk initiatives
- Work directly with senior professionals to execute various financial institution advisory projects related to financial risk management including credit risk, valuation, capital planning, and stress-testing, liquidity, resolution planning, and model risk management
- Complete all financial analysis reviews assigned, reporting results to the appropriate Relationship Manager, SVP of Contract Services and SVP Contract Services Risk and Compliance Officer
- Follow-up with Relationship Managers and others as assigned, to ensure all financial reporting due is received on time per contract agreements and required timelines
- Provide feedback to the Relationship Managers, others as assigned, regarding any findings, trends, recommendations and/or actions necessary to ensure complete understanding of the results recorded
- Complete quarterly and annual Financial Reporting for all Risk Assessments and ongoing monitoring of the financial viability of any Relationship/Prospect
- Complete all financial reviews for any new identified Contract Services prospect using most recent audited financials, as well as, interim statements, as required per the due diligence procedures in the Contract Services policy
- Work with both the bank Credit Analyst team, as needed, and the Bank financial spreading software to create consistency in reporting, reviews and feedback to the appropriate team members
- Develop analyses and financial models using transactional data and/or financial data
- Prepare written analysis or summary on financial findings for each Relationship on a quarterly basis
- Assist in preparing financial reviews, as requested, for any examinations or regulatory requests
Skills
- Bachelor's degree (B.A.) from four-year college or university, preferably finance or accounting; and minimum 3 years related experience and/or training as a financial analyst; or equivalent of education and experience
- Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures or governmental regulations
- Ability to write reports, business correspondence and procedure manuals
- Ability to effectively present information and respond to questions from groups of managers, clients, customer and the general public
- Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference and volume
- Ability to apply concepts of basic algebra and geometry
- Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form
- Ability to deal with problems involving several concrete variables in standardized situations
- Must have the ability to operate a PC, printer, copy machine, fax machine and telephone
- Good working knowledge of word processing and spreadsheet software
- Previous experience with Securitizations; Warehouse Lines of Credit and Master Trusts helpful but not required
- Knowledge or experience working with financial institution credit underwriting software/platforms a plus
- Knowledge or experience working with Salesforce and/or Tableau, also a plus
- Position sometimes requires the ability to work before or after normal business hours to meet deadlines and attend various meetings
- Position may at times require travel, usually on a monthly basis, but sometimes more frequent, depending on the circumstances. The majority of the travel will either be to the Bank's headquarters in Perryville, Missouri or across the United States to visit with various Relationships
Benefits
- Personal paid time off, as eligible and paid holidays
- 401K and Employee Stock Option Plan, as eligible
- Generous medical, dental, vision, life and disability insurance
- Fitness reimbursement
- Learning, development and growth opportunities
- Fully Remote
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