Loan Accounting and Risk Manager at American Cybersystems, Inc. in Tampa, Florida

Job Description:

Innova Solutions is seeking a Sr. Risk/Loan Accounting Manager for a growing Financial Institution.

Position Type: Full-time, Direct Hire
Duration: Direct Hire
Location: 100% Remote - Can ONLY work out of these states!! AL, AZ, AR, DE, FL, GA, ID, IN, IA, KS, KY, LA, MS, MO, MT, NE, NH, NC, ND, OH, OK, PA, SC, SD, TN, TX, UT, VA, WV, WI, WY.

***MUST have knowledge of CECL and general Loan Accounting experience.


We are seeking a Sr. Loan Accountant/Risk Analyst for this 100% REMOTE, Direct Hire role.

Ownership of all accounting-related matters regarding the credit union's loans including end-to-end management and operation of the credit union's CECL models, performing related support calculations, reconciliations and associated controls, and helping guide development of reserve methodology. Works closely with loan origination departments, senior and executive management on special projects and analyses. Department liaison/representative for both internal & external credit union projects and implementation of interdepartmental initiatives.

REQUIRED SKILLS/EXPERIENCE:

• Bachelor of Arts/Science degree in economics, mathematics, finance, accounting or related field from an accredited college or university required.
• Five years of progressive experience in Credit Administration/Risk Management, Loan Accounting, or Finance required.
• Two years of direct responsibility with CECL calculation within a mid-size or larger financial institution is preferred.
• CFA, CPA, FRM, and/or PRM preferred.
• 
  Must have knowledge of CECL accounting standards, related regulatory guidance, and industry best practices. Must be familiar with using financial modeling applications to produce reserve calculations.
• Capable of using advanced features within Excel and familiarity with and comfortable learning business intelligence tools such as PowerBI and SQL.
• Demonstrated analytical and quantitative skills, strong communication skills, interpersonal skills, organization, multi-tasking and the ability to work independently with minimal supervision.

JOB ACCOUNTABILITIES:

• End-to-end ownership of the allowance calculation process - executing from model estimation to communicating the Committee-approved provision expense accounting entry, with all controls and reporting between
• Formulate strategies and methodologies to capture various economic and credit risks within the reserve, develop insights though sensitivity and scenario testing, and identify current and projected influencing factors of changes to the reserve and provision
• Provides guidance, coaching and training to team members in alignment with organizational and departmental goals.
• Representative at loan review committee meetings and all other loan related interdepartmental meetings and expected to offer thought leadership on loan risk related matters on a regular basis
• Coordinates with FP&A, Data Analytics, and loan product groups for budget, forecast and projections for all aspects of the ALLL and loan loss provision (including loan charge off and recovery considerations)
• Liaison with loan product groups, FinOps and FP&A for all new products and related accounting
• Prepare the loan reporting sections of the quarterly Call Report, including coordination of interdepartmental source documents
• Responsible for month-end close processes, including both preparation and review of journal entries, reconciliations, reports & analyses, and ensuring compliance with GAAP
• Assists with the preparation of financial documentation and reporting needed to comply with examinations by NCUA and external auditors
• Periodically reviews processes to propose improvements or updates as needed

PAY RANGE AND BENEFITS:

Pay Range: $110-130K - Somewhat flexible.
Pay range offered to a successful candidate will be based on several factors, including the candidate's education, work experience, work location, specific job duties, certifications, etc.

Benefits: This is a Direct Hire position.

ABOUT INNOVA SOLUTIONS: Founded in 1998 and headquartered in Atlanta, Georgia, Innova Solutions employs approximately 50,000 professionals worldwide and reports an annual revenue approaching $3 Billion. Through our global delivery centers across North America, Asia, and Europe, we deliver strategic technology and business transformation solutions to our clients, enabling them to operate as leaders within their fields.

Website: https://www.innovasolutions.com/

Innova Solutions is an Equal Opportunity Employer and prohibits any kind of unlawful discrimination and harassment. Innova Solutions is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment on the basis of race, color, religion or belief, national origin, citizenship, social or ethnic origin, sex, age, physical or mental disability, veteran status, marital status, domestic partner status, sexual orientation, or any other status protected by the statutes, rules, and regulations in the locations where it operates. If you are an individual with a disability and need a reasonable accommodation to assist with your job search or application for employment, please contact us at or (770) 493-5588. Please indicate the specifics of the assistance needed. Innova Solutions encourages all interested and qualified candidates to apply for employment opportunities. Innova Solutions (HireGenics/Volt) does not discriminate against applicants based on citizenship status, immigration status, or national origin, in accordance with 8 U.S.C. § 1324b.
The company will consider for employment qualified applicants with arrest and conviction records in a manner that complies with the San Francisco Fair Chance Ordinance, the Los Angeles Fair Chance Initiative for Hiring Ordinance, and other applicable. Apply Now