Mortgage Credit Analyst jobs in Lebanon, PA

POSITION PURPOSE

The Financial Analyst measures correctly, analyzes thoroughly, and communicates clearly, the exposure levels to interest rate risks to the CFO and members of the executive team. Measure, analyze and communicate the costs and benefits of products and services to the CFO.

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ESSENTIAL FUNCTIONS AND BASIC DUTIES

· Assists CFO in preparing scenarios for possible future rate conditions.

· Communicates with the CFO, and expresses the business plan in the form of a target balance sheet including pricing, timing of re-pricing and member options granted.

· Assists CFO in preparation of annual budget incorporating interests, forecasts and volume projections into budget.

· Assists management in developing assumptions regarding the volumes of business which could be expected under the current business plan and under alternative strategies--each in conjunction with each of the scenarios for possible rate conditions.

· Assists in the evaluation of assumptions for reasonableness and consistency. Calls attention to assumptions which appear to be unreasonable or inconsistent.

· Enters data representing assumptions into the interest rate risk simulation model.

· Gathers current position data; checks for reasonableness, consistency and errors; and enters data into simulation model.

· Performs interest rate risk measurement and analysis functions using the interest rate risk simulation model to measure current and planned exposures of net interest income and capital to interest rate risk.

· Communicates levels and sources of interest rate risk exposure.

· Prepares monthly reports which include balance sheet and income statement forecasts, interest rate forecast, projections regarding interest rate spreads, CAMEL ratios, GAP analyses, and rate shock analyses. Prepares monthly loan and deposit rate shops and ad hoc analyses.

Maintains investment portfolio information on income simulation model. Prepares projections on individual investments that may be considered for purchase.

§ Reconciles forecasts of net interest income and the market value of portfolio equity with operating results and report the variances and reasons.

§ Performs cost analysis of current and proposed products, services, programs and departments.

§ Prepares monthly analyses of product profitability using cost accounting software. Continually reviews methodology to improve and enhance results

§ Conducts cost-benefit analysis and / or breakeven analysis for various projects assigned by the CFO.

§ Serve as back up for miscellaneous finance department functions.

§ Performs other work-related duties as assigned.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift

Experience:

• Financial Modeling: 2 years (Preferred)

Work Location: In person