CDC Small Business Finance is a leading U.S. small business lender and award-winning nonprofit. Over the last four decades, CDC has provided more than $13 billion in loans to 11,000 entrepreneurs...and counting.
Unlike a traditional lender, we have the flexibility to offer affordable loans to a broader range of small business owners seeking financing for building purchases, major equipment and working capital, among other purposes.
As a non-profit organization, our mission is to support those who face the greatest obstacles in securing capital: women, minority and veteran-owned businesses. Our business loans have also played a critical role in bolstering economic development, helping create or preserve more than 180,000 jobs in California, Arizona and Nevada.
The Senior Financial Analyst role is a full-time position responsible for providing support to the CFO in the areas of modeling, reports, analyses and budgeting to facilitate executive level strategy and decisioning within liquidity management and the financial planning process.
- Provide robust modeling and reporting to facilitate executive level decisioning. Prepare ad hoc reports to assist with business decisions. Responsible for analyzing financial data and comparing/consolidating financial related reports, utilizing Budget Maestro and Excel. Work closely with the accounting team to ensure accurate financial reporting.
- Supports asset/liability management by assigning funding sources to loans and identifying capital needs over a 12-month period using portfolio performance, projected loan production, debt availability, and cashflow/liquidity.
- Works with the CFO to develop liquidity policy recommendations. Monitors CDC’s liquidity position weekly and makes recommendations to the CFO to manage both short-term and long-term liquidity positions in conjunction with the strategic plan objectives.
- Provides information and analyzes results of loan program profitability analysis. Prepares profitability reports for analysis and presentation to executive management and the board. Works closely with managers, supervisors, and staff to identify changes in the way activities flow through CDC and their impacts on costs. Identifies cost saving and revenue increasing opportunities for CDC, using familiarity with operations and procedures.
- Assists with the annual budget process for CDC. Works with the CFO to provide analysis of budget variances as well as propose budget plan adjustments. Manages tools to project all aspects of loan revenues and expenses, including processing, servicing, interest, sales.
- Assists in the evaluation of investment options and strategies. Prepare investment related reports for management, the Board and regulatory reporting.
- Provides assistance to long-range planning efforts. As the strategic focus of the CDC changes and evolves, assists management in identifying how these changes will affect the financial results of CDC. Incorporates new information into the financial forecast that makes up the planning period.
- Monitors net interest margins to ensure that products are priced adequately and capital is obtained at competitive rates to meet strategic goals.
- Assists with the annual year- end accounting audit process and various other audits and exams conducted throughout the year.
- Collects information from various databases and distributes pertinent information to other departments and the Leadership Team
- Performs other duties as assigned.
Required Knowledge, Skills, and Abilities:
- Bachelor's degree in Finance, Economics, Mathematics, or Accounting discipline
- Minimum of 3 years of asset-liability, financial analyst, financial modeling, financial engineering, or related experience with financial institutions
- Industry understanding – a working knowledge of the lending industry as it pertains to balance sheet forecasting, profitability, core product lines, fixed income, and asset liability management
- Understanding of financials and general ledger systems
- Creative & strategic thinker with strong analytical skills
- Strong consultative, facilitation, and relationship building skills
- Effective communicator through verbal, written, & visual presentations to all levels of management and external entities (auditors, examiners, potential funders)
- Proficient in Word, Excel, and PowerPoint
- Advanced degree or certification (e.g. MBA, Master's in Finance or CFA) is a plus.
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.