Risk and Modeling Analyst
Chemung Canal Trust Company
Responsible for analyzing financial data, preparing reports, developing financial based models, and providing insights to support strategic decision-making. Works closely with various departments, including finance, risk management, credit, and executive leadership, to ensure the bank's financial stability and growth.
+ Develop and maintain financial models to analyze and forecast the bank's financial performance; Conduct variance analysis to compare actual financial results with budgeted and forecasted figures.
+ Act as owner for the commercial credit data repository and workflow system.
+ Perform stress testing over various loan and credit portfolios.
+ Evaluate key financial metrics and ratios to assess the bank’s overall financial health.
+ Develop and evaluate profitability models for bank products and clients.
+ Collaborate with department heads to gather relevant financial information for budgeting purposes; Assist in the preparation of the annual budget and periodic forecasts.
+ Regularly monitor budget performance and provide recommendations for corrective actions when necessary.
+ Assist in preparation and distribution of financial reports to internal stakeholders and regulatory authorities.
+ Identify and analyze trends in the banking industry, financial markets, and economic conditions that may impact the bank.
+ Provide insights and recommendations based on the analysis of market trends.
+ Undertake special projects and ad hoc analysis as requested.
+ Contribute to strategic initiatives by providing financial insights and support.
+ Conforms to General Performance Expectations as identified for all employees
Qualifications/Requirements
+ BS or BA in finance, accounting, economics, or related field required; master’s degree or professional certifications (e.g., CFA, CPA) preferred
+ Minimum of 5 years related experience required
+ Strong analytical and quantitative skills
+ Proficient in financial modeling and data analysis tools
+ Knowledge of generally accepted accounting principles, applicable state and federal laws and banking regulations
+ Proficient interpersonal skills in dealing with clients and all levels of management; Strong presentation skills
+ Demonstrated proficiency in Microsoft Word and Excel. Sageworks by Abrigo preferred
Salary Range $81,000 to $134,820 annually
Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. Along with a competitive compensation program please visit the benefits section of our Careers page to view available benefits.
Chemung Canal Trust Company/Capital Bank fosters a diverse and inclusive culture where employees are able to succeed to their full potential. EEO/AA Including Veterans and Disabled
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