Financial Analyst I

Leader Bank is looking for exceptionally dedicated team members to join one of the region’s fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become one of the most successful banks in Massachusetts with $4 billion in assets, more than 400 team members, 6 branch offices, and annual mortgage originations of over $2 billion.

Exemplary products and an innovative spirit have driven Leader Bank’s rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.

Summary

The Financial Analyst should be an entrepreneurial and open-minded individual with a desire to contribute to a fast-paced, growing company.

Responsibilities

• Assist with managing the Bank’s monthly cost accounting program, helping with updating the model and performing analysis of results.
• Assist with preparing the annual and 3-year budget, helping to measure monthly actual performance against the budget.
• Assist with the Bank’s monthly budget plan, coordinating ongoing meetings with other division managers, preparing reports and other deliverables to present results.
• Produce ad hoc budget, profitability and financial analysis as needed.
• Lead the Bank’s cash/treasury management processes, ensuring cash requirements are maintained on a daily basis. Additionally, manage the team’s relationships with brokers and facilitate the funding process. 
• Serve as one of the department’s experts on the budget software, evaluating processes and recommending changes to increase efficiencies.
• Assist in the monthly financial reports for senior management, department management, the ALCO committee, and the Board of Directors as needed.
• Assist with efforts to ensure that systems, controls, and infrastructure are in place to support a high growth entity.
• Help drive process improvements that result in cost savings initiatives.
• This position provides a great opportunity for immediate, hands on, high-level experience and is ideal for individuals looking to one day lead the finance division of a financial services institution.

Requirements

• The ideal candidate must have 2+ years of banking experience, 2+ years of experience in a finance role, or a combination of both.
• Bachelor’s degree (or equivalent) with a major in accounting, finance, or economics.
• Experience working within cost accounting and/or profitability models.
• Understanding of budgeting software.
• Understanding and familiarity with Fiserv is a plus.
• Other qualifications include interpersonal, organizational, detail-oriented, problem-solving, planning, multi-tasking, verbal and written communication skills.
• The ideal candidate will be proficient in Microsoft Office with an advanced excel spreadsheet aptitude.

The base salary range below represents the low and high end of the Leader Bank salary range for this position. Actual salaries will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.

Salary Minimum: $65,096.00 - Salary Max: $97,644.00

The range listed is just one component of Leader Bank’s total compensation package for team members. Other rewards may include annual bonuses, commissions, short- and long-term incentives, and program-specific awards. In addition, Leader Bank provides a variety of benefits to eligible team members, including health insurance coverage, a team member wellness program, life and disability insurance, a retirement savings plan, paid holidays and paid time off and vacation.

Leader Bank, N.A., is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status or any other protected class.
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