Financial Analyst - I

Job #: 6693
Pay Rate: $/hour
Job type: contractor
Location: Minneapolis, MN

Qualifications:

1. Bachelor's degree, or equivalent.
2. Accounting and Finance studies background a plus.
3. 2+ years of job-related experience, ideally in a financial reporting, financial analyst, accountant, auditor, or similar role.
4. Strong attention to detail and usage of database and tracking tools (such as Excel) for accurate record keeping.
5. Adept at accurate reporting and information quality assurance.
6. Strong communication and customer service skills.

Responsibilities:

The Paycheck Protection Program Liquidity Facility (PPPLF) team at Client Bank of Minneapolis is organized under the Supervision, Regulation, and Credit Department. The PPPLF team extends credit to eligible financial institutions that originate Paycheck Protection Loans, taking the loans as collateral at face value. The Paycheck Protection Program (PPP) provides loans to small businesses so they can keep their workers on the payroll. This team is also responsible for processing repayments of the loans and ensuring advances and pledges are reconciled.

We have several Financial Analyst openings on the PPPLF team to help us with this important work. Reporting to the team's co-managers, you will process assigned aspects of PPPLF advances, pay downs and pay-offs. You will also engage in communication with PPPLF borrowers and may be asked to perform business analyses, such as reviewing program participation documentation or requesting information about a PPPLF advance, assessing file submission trends, or following PPP developments. As a Financial Analyst, you must maintain an analytical thought process, have a strong attention to detail, and quickly adapt to changes in process.

1. Accurately execute sequential PPPLF transactions in a deadline driven environment in line with established procedures.
2. Attentive and detailed oriented to absorb training and adjust to procedural changes as they occur.
3. Accurately perform reconciliations to ensure PPPLF loans pledged match the advance amounts.
4. Recognize, identify, and escalate issues through established channels as needed.
5. Process assigned aspects of PPPLF pay down files from participants.
6. Effectively communicate with stakeholders via email, phone, etc.
7. Take direction and collaborate well with others, and ask for help from colleagues as needed.

Comments/Special Instructions: This is a 100% Remote position.