Financial Risk Analyst - Balance Sheet Planning
Company: Navy Federal Credit Union
Location: Vienna
Posted on: July 1, 2025
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Job Description:
Navy Federal seeks an individual with demonstrated ability to
achieve results and enhance our quantitative analysis of financial
performance. Experience with balance sheet and income statement
forecasting systems, particularly QRM, is preferred but not
required. The role will be responsible for using various systems,
methods, and models to perform financial reporting and analysis.
The candidate will support the budget process, explain variances to
actual performance, and regularly update Navy Federal’s pro forma
balance sheet and income statement. Work under moderate
supervision. Responsibilities • Collaborate with business unit
partners across the organization to develop and enhance Navy
Federal’s balance sheet and income statement forecasts • Provide
support in preparing monthly financial performance reporting and
investigating variances to budged to determine explanatory drivers
of change • Perform impact analysis on behavioral model updates and
their effect on forecasted balances and interest income/expense •
Evaluate “what-if scenario” and cost-benefit analyses for balance
sheet management strategies and their impact to financial
performance • Conduct financial analysis on internal and external
market data to discover tradeoffs of competing business objectives
such as growth, market share and competitive position • Monitoring
changes to macroeconomic forecasts and interpreting the effects to
the balance sheet and income statement • Peer benchmarking
financial performance of banks and credit unions to understand the
financial landscape • Maintain and enhance documentation,
procedures, and controls related to balance sheet planning
processes and reporting • Perform other duties as assigned or
appropriate Qualifications • Knowledge of balance sheet and income
statement forecasting, with preference towards hands-on experience
using QRM • Experience in financial forecasting, cost benefit
analysis, and cash-flow analysis • Advanced Excel and data
manipulation skills to solve complex financial problems and
streamline reporting (Pivot tables, Index, Match, Sumifs, and
dynamic chart building) • Ability to link economic relationships to
changes in member behavior and business strategy • Attention to
detail and a demonstrated ability to research, analyze and
interpret financial data • Knowledge or experience with programs
used for storing, analyzing, and visualizing large datasets (SQL,
Power BI, Tableau) preferred • Understanding and/or experience with
Scenario Analysis and Sensitivity Analysis • Familiarity with
rules, regulations, and trends relevant to the credit union and
retail banking industries • Experience participating in
cross-functional, multi-dimensional teams and projects • Persuasive
and diplomatic communication, both verbal and written, of facts and
conclusions related to complex analytical results and issues
Desired Qualifications • Bachelor degree in finance, economics,
business analytics or related field • Advanced degree or
professional certification (CFA, FRM) preferred Hours: Monday -
Friday, 8:00AM - 4:30PM Location: 820 Follin Lane, Vienna, VA 22180
About Us Navy Federal provides much more than a job. We provide a
meaningful career experience, including a culture that is
energized, engaged and committed; and fierce appreciation for our
teams, who are rewarded with highly competitive pay and generous
benefits and perks. Our approach to careers is simple yet powerful:
Make our mission your passion. • Best Companies for Latinos to Work
for 2024 • Computerworld® Best Places to Work in IT • Forbes® 2025
America’s Best Large Employers • Forbes® 2024 Americas Best
Employers for New Grads • Forbes® 2024 Americas Best Employers for
Tech Workers • Fortune Best Workplaces for Millennials™ 2024 •
Fortune Best Workplaces for Women ™ 2024 • Fortune 100 Best
Companies to Work For® 2025 • Military Times 2024 Best for Vets
Employers • Newsweek Most Loved Workplaces • 2024 PEOPLE® Companies
That Care • RippleMatch Recruiting Choice Award • Yello and WayUp
Top 100 Internship Programs
Keywords: Navy Federal Credit Union, Bowie , Financial Risk Analyst - Balance Sheet Planning, Accounting, Auditing , Vienna, Maryland
