Job Posting for Associate Financial Analyst at Darling Consulting Group Inc
Description
This entry-level position’s primary objective is to build the skills necessary to become a Financial Analyst in the Asset/Liability Management (ALM) space. This includes understanding bank and credit union financial statements and data, learning to navigate and use internal software to create robust simulations, interpreting financial model results in a fast-paced, deadline-driven environment, and building strong communication skills in order to service all stakeholders.
Responsibilities
Understand bank and credit union financial statements and basic knowledge of industry-related products
Become proficient in building interest rate risk models using DCG’s proprietary modeling software
Acquire the skills/learn the processes needed to input, audit, and reconcile data into interest rate risk models
Learn to accurately report, analyze, and clearly communicate all components of ALM (interest rate risk, liquidity, capital, etc.) for various institution types and assets sizes
Attend quarterly conference calls with Financial Analysts and bank/credit union management to discuss model inputs and develop meaningful assumptions
Provide accurate and insightful one-page written assessment of financial institution’s risk position as it pertains to interest rate risk, liquidity risk, and capital
Assist in educating clients in regards to understanding the ALM modeling process and analysis, as well as answer any questions related to ALM
Develop strong relationships with all DCG stakeholders
Attend training sessions offered by DCG
Attend quarterly ALCO meetings as needed or requested
Requirements
Bachelor’s degree preferably in finance, accounting, or economics
Strong written and verbal communication skills
Ability to develop and maintain interpersonal relationships
Client management skills
Strong organizational skills
Strong analytical skills
Attention to detail
Knowledge of financial markets
Proficiency in MS Office applications
Salary.com Estimation for Associate Financial Analyst in Newburyport, MA
$63,401 to $83,615
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