Note: The job is a remote job and is open to candidates in USA. Heritage Bank NA is seeking a Senior Financial Analyst to lead the bank's liquidity management and funding operations. The role involves overseeing daily liquidity positioning, developing funding strategies, and ensuring compliance with regulatory expectations while providing expert analysis to support executive decision-making.
Responsibilities
- Monitor daily liquidity position and ensure compliance with internal policy limits
- Manage funding sources, including core deposits, brokered deposits, FHLB advances, and fed funds lines
- Prepare liquidity forecasts and perform stress testing to support planning and regulatory expectations
- Maintain and periodically test the Contingency Funding Plan (CFP)
- Support ALCO process, including preparation of reporting and analysis
- Assist with interest rate risk modeling (NII and EVE simulations)
- Analyze deposit trends, loan growth, and cost of funds
- Provide insights to support balance sheet strategy and margin optimization
- Support month-end and quarter-end processes through balance sheet and funding-related analysis
- Assist in financial reporting by providing insight into liquidity, funding costs, and interest income/expense drivers
- Perform variance analysis and support internal management reporting
- Assist with audit requests and regulatory examinations related to treasury and balance sheet
- Assist in monitoring the securities portfolio, including cash flows, duration, and performance
- Support investment activity tracking and alignment with accounting records
- Ensure compliance with investment policy guidelines
- Coordinates with capital markets on hedging strategies and best execution analysis for loan sales
- Provides analytical support for gain-on-sale margin tracking and investor reporting
- Support capital planning and forecasting activities
- Evaluate funding strategies in relation to loan growth and new initiatives
- Assist with stress testing tied to capital and liquidity
- Identifies opportunities to improve efficiencies and optimize processes across finance and accounting
- Maintain strong internal controls and documentation
- Support automation and reporting enhancements in partnership with IT/data teams
Skills
- Bachelor's degree in Accounting, Finance, Business, or equivalent experience
- 5 –7 years of experience in treasury, finance, or banking analytics
- Demonstrated understanding of liquidity management, funding strategies, and balance sheet dynamics
- Strong understanding of bank financial statements and net interest income drivers
- Strong analytical and problem-solving skills with attention to detail
- Experience with CSI, Plansmith, and other financial platforms
- Strong knowledge of Microsoft Excel and financial modeling
- Ability to communicate effectively, both written and verbal
- Strong time management and organizational skills; ability to manage multiple priorities
- Working knowledge of regulatory expectations related to liquidity and interest rate risk
- Collaborative mindset with ability to operate effectively in a lean environment
- MBA is a plus
- Community or regional banking experience preferred
Benefits
- Paid time off
- Paid holidays
- Paid volunteer days
- Medical insurance
- Dental insurance
- Vision insurance
- 401(k) retirement plans
- ESOP retirement plans
- Additional benefits and incentives consistent with our company policy
Company Overview