Financial Analyst

Company: Flagstar Bank
Location: Hicksville
Posted on: April 19, 2024

Job Description:

The Financial Analyst is responsible for financial reporting and analysis, report development, and communicating with business line leadership regarding financial performance and forecasting. This includes financial reporting for actual results, forecast, budget and performance analysis for a specific line of business. This position works closely with senior business leaders and others in the business units and within finance to contribute to the long-term growth, development and profitability of the broader organization.

• Analysis of current production volume & margins, concentrations, and comparing to desired thresholds or market data. - This is important since management relies on analysis to spot opportunities and threats. - Comparison to peers and industry is powerful information which drives better discussions for the business.
• Assisting with production forecasts and assumptions to keep management updated on current trends each week. - In addition, coordination of bottoms up forecasting from leadership on a monthly basis.
• Supporting divisional CFO team with ad hoc requests for the business. - Complete on time and addressing any questions or modifications.
• Developing and maintaining regularly scheduled reports for the business units. - Ensures information is accurate and distributed on time. - This includes creating reports with and using various software tools such as Hyperion, MS Excel, and MS Access.
  ADDITIONAL ACCOUNTABILITIES
  • Performs special projects, and additional duties and responsibilities as required.
  • Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. - Accountable to maintain compliance with applicable federal, state and local laws and regulations.
    Required Qualifications:
    • Education level required: Undergraduate Degree (4 years or equivalent) - Field of study preferred; Accounting, Finance, Economics, or Statistics.
    • Minimum experience required: 3+ Years. Prior mortgage or banking preferred
      Job Competencies:
      • Advanced knowledge of MS Excel and MS Word required. - Knowledge of MS Access a plus.
      • Intermediate knowledge of report automation techniques such as using VBA.
      • Intermediate knowledge of Oracle BI Dashboards and BI Answers.
      • Strong verbal and written communication skills.
      • Ability to work effectively in a changing work environment.
      • Team player in a dynamic work environment.

Keywords: Flagstar Bank, Hempstead , Financial Analyst, Professions , Hicksville, New York