Nelnet Bank Financial Analyst II (Lincoln, NE or Draper, UT)
Nelnet Bank Financial Analyst II (Lincoln, NE or Draper, UT)
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer professional services company consumer loan originator and servicer payments processor renewable energy solutions and K-12 and higher education expert. For over 40 years Nelnet has been serving its customers associates and communities.
The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team youre part of a community invested in the success of each individual. That support comes through in our work as we are united by our mission of creating opportunities for people where they live learn and work.
The Financial Analyst is responsible for maintaining financial reporting and variance analysis processes for Nelnet Bank including forecasting budgeting asset/liability management (ALM) product pricing/returns/profitability and key metric analytics. The Financial Analyst prepares monthly quarterly and ad-hoc ALM and Asset Liability Committee (ALCO) reports. The Financial Analyst assists with daily and monthly cash planning and developing and executing Nelnet Banks funding strategy.JOB RESPONSIBILITIES:
Inputs data into and utilizes the Banks ALM and budgeting systems.
Leverages accounting and finance software system for budgeting planning and reporting functions.
Assists with the financial quarterly forecast and annual budget processes. Facilitates and communicates with management regarding assumptions used in the budget/forecast processes. Maintains financial models to project future earnings of loan portfolios and analyzes them to support strategic initiatives.
Analyzes results and provides explanations for growth and/or decline spikes changes in trends and budget-to-actual variances.
Prepares monthly quarterly and ad-hoc ALM reports including stress tests analysis of Earnings at Risk and Economic Value of Equity
Prepares monthly and quarterly reports on key liquidity drivers and key risk indicators including internal liquidity requirements
Compile and summarize information for executive level reporting.
Develops and maintains financial metrics variance reporting and trend analysis for the segment. Creates presentations that provide insightful analysis identify required action items and assist with management decision making.
Assist in daily and monthly cash planning and developing and executing the funding strategy.
Participates in loan and deposit pricing working groups and ALCO meetings
Assists with the monthly accounting close processes and reconciliations of financial statement accounts.
Compiles analyzes monitors and reports on investment performance including but not limited to return-on-investment internal rate of return and cash flow metrics.
Monitors Key Performance Indicators relating to financial metrics.
Collaborates with data source providers and technology teams on developing and querying the Banks data warehouse including verifying extracting transforming appending and standardizing data used in financial and accounting functions.
Identifies and implements improvements in reporting cost analysis and processes.
Provides ad-hoc financial analysis and reporting as required.
Complete cost benefit analyses and modeling as required.
Salary range for this role is: $65000-$75000
*This role is hybrid from our Lincoln NE or Draper UT office*
EDUCATION:
Bachelors Degree in Finance Accounting or Business Administration with an emphasis in Accounting or Finance or equivalent experience required.
EXPERIENCE:
3 years financial analysis experience with a proven record of success. Knowledge of financial concepts relative to profitability and financial ratios.
Knowledge of basic accounting theories and practices preferred
SKILLS/KNOWLEDGE/ABILITIES:
Energy Drive and Motivation: Embraces challenges enthusiastically then executes relentlessly.
Consistent High-Quality Results: Establishes credibility and finance leadership by producing timely accurate and insightful analysis consistently. Earns the respect of others through effective interaction with all teams.
Efficiency/Accountability: Allocates time efficiently effectively pivots on shifting priorities; continually seeks ways to improve individual and team productivity. Is highly accountable and able to manage multiple tasks in a fast-paced dynamic environment
Confident Communication Style: Communicates professionally and respectfully with and develops and maintains effective relationships with business partners and cross-functional teams at all levels of the organization.
Handles pressure coming from multiple directions simultaneously with flexibility.
Possesses excellent presentation reporting/report package development skills.
Analyzes and solves problems.
Practices discretion.
Demonstrates expertise in MS Excel and Power BI and is proficient in MS Word PowerPoint and Access.
Ensures data integrity and is comfortable working with large datasets and diving deeply in the financial data to provide additional insights. Extracting data using SQL code or other data queries.
Our benefits package includes medical dental vision HSA and FSA generous earned time off 401K/student loan repayment life insurance & AD&D insurance employee assistance program employee stock purchase program tuition reimbursement performance-based incentive pay short- and long-term disability and a robust wellness program. Click here to learn more about our benefits: LINK.
Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. As an Equal Opportunity Employer we ensure that all qualified applicants are considered for employment. Employment decisions are made without regard to race color religion/creed national origin gender sex marital status age disability use of a guide dog or service animal sexual orientation military/veteran status or any other status protected by federal state or local law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone.
Qualified individuals with disabilities who require reasonable accommodations in order to apply or compete for positions at Nelnet may request such accommodations by contacting Corporate Recruiting at or.
Nelnet is a Drug Free and Tobacco Free Workplace.
Required Experience:
IC
Employment Type
Full-Time
