Lowell Five: Assistant Vice President, Senior Financial Analyst

Assistant Vice President, Senior Financial Analyst

Full Time

Tewksbury, MA

POSITION SUMMARY

Under the direction of the CFO, the Senior Financial Analyst works with complex financial systems and Asset-

Liability models, analyzing and projecting the Bank’s financial performance. Additionally, this role provides

analysis and reporting to senior management to support the Bank’s on-going strategic balance sheet

management initiatives.

ABOUT LOWELL FIVE

With nearly $1.7 billion in assets, over 200 employees and 15 banking center locations throughout the

Merrimack Valley and Southern New Hampshire, Lowell Five Bank is honored to play a vital role in the

economic vitality of the region. Our employees are engaged in myriad community boards and organizations

with the Bank’s support. We are proud of the longevity of our employees, and we are committed to finding

new talent for our team. We offer career development and educational programs to support personal and

professional growth along with a benefit package that supports each employee’s best life. For more

information, please visit www.lowellfive.com.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Financial Reporting & Planning

• Conducts quarterly interest rate risk and liquidity simulations using the Bank’s Asset Liability Management

(ALM) software

• Develops periodic financial forecasts for use in the Bank’s quarterly and annual forecasts and budgets

• Prepares recurring or ad hoc financial reports and analysis to support and provide insight for decision-

making

• Interprets financial information and recommends and implements solutions to key financial and

operational opportunities

• Participates as a member of the Bank’s Asset/Liability Committee

• Supports the development of board materials and executive presentations

• Collaborates, develops, and maintains reporting and communication processes with other departments

and business line executives

• Monitors financial and interest rate markets and assess the potential impact on the Bank’s financial results

• Strives to streamline financial reporting processes and improve efficiency through automation and best

practices

Compliance

• Maintains and adheres to the Bank’s Risk Management policies and procedures

• Assists with internal and external audit engagements, as well as Safety & Soundness examinationsPlease note this job description is not designed to cover a comprehensive listing of activities, duties, or

responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may

change over time.

REQUIREMENTS

• BA/BS in Accounting, Finance, Business Management, or related field

• 3-5 years’ experience in accounting and/or financial services

• Experience with asset liability management software models is strongly preferred

• Strong knowledge of Microsoft Office, including advanced experience with Microsoft Excel

• Detail-oriented, analytical with the ability to provide solutions for complex problems

• Extremely organized, ability to multi-task and meet deadlines under variable conditions

• High degree of initiative, dependability, and ability to work independently

• Excellent written and verbal communication skills, including effective presentation skills

• Must be willing and able to report to Headquarters in Tewksbury five full days a week

SALARY RANGE

The annual base salary range for this position is $80,000 to $110,000. This range reflects the Bank’s good faith

estimate for this role at the time of posting. The Bank may ultimately pay more or less than the posted range,

and the range may be modified in the future. Actual compensation will be determined based on factors, such

as but not limited to, relevant education, experience, and skills.

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

 

All applicants can apply directly on our website –  https://www.lowellfive.com/about/careers/

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