BANKING ANALYST
CANADIAN WESTERN BANK., EDMONTON/ALBERTA
Total years of experience :11 years, 4 Months
•Prepare monthly analysis of monthly, quarterly and year to date net interest margin results for the breaking line and act as a backup for partner companies
•Preparation of monthly analysis of branch level net interest margin results for the banking line regions
•Timely release of variance analysis
•Preparation of retail KPI and quarterly regional reports
•Preparation of supporting graphs, charts and variance investigation for inclusion in various monthly CWB financial group reporting
•Prepare and investigate variances of the non-interest income report summary for all branches, and distribute final report.
•Provide accurately and timely adhoc analysis and variance investigation to verify data
•Maintain continuous focus on ways to improve efficiencies in daily operation activities, variance investigation and report preparation
•Prepare and assess budgets and financial reports; includes monthly, quarterly and annual efforts; present all accounting reports for review by executive management
•Audit workflows to ensure that all transactions are processed in accordance with industry standards; also aid with the preparation of quarterly and yearly audits
•Devise budgets and oversee their respective evaluation processes
•Complete monthly covenant reporting, as well as reconcile and assess accounts
•Pay dealerships for loans funded and offer payout, discharge and register liens quotes for current loans; also process daily loan payments and cheques for discharged loans
•Reconcile monthly, quarterly, semi-annual and annual reconciliations
•Liaise with IT to decide on the most optimal software programs used in order to integrate accounting with other departments
•Lead the hiring process; train new staff and supervise a team of two experienced team members
•Assist the Controller with tasks, e.g. special projects as requested
•Cover the department during team shortages to save company money typically used to hire new staff
•Pay investors’ interest payments on convertible debentures investments made within the company; create the schedule and pay them an ROI
•Evaluated total corporate expenses, including forecast comparisons to trended results.
•Prepared and posted journal entries, as well as T4s, T5s and other CRA filings
•Completed the swift yet thorough review and analysis of monthly production packages to ensure prompt customer delivery
•Maintained the payroll system; also prepared and analyzed account reconciliations
•Identified, examined and documented variance explanations; also analyzed and maintained budgets
•Skillfully produced monthly report packages with precision and strong attention to detail
•Visited up to three clients daily to maintain adherence to bookkeeping requirements
•Adjudicated and underwrote over 60 credit applications each day
•Examined credit data and financial statements to establish the risk involved in extending credit or lending monies; crafted reports to detail this data
•Developed financial ratios using programs, to assess all clients’ financial statuses
•Evaluated client records and suggested payment plans based on earnings, savings, payment history, and purchases
•Conferred with credit associations and Business Representatives to exchange credit data
•Contacted trustees for bankrupt applicants to determine how to advance credit
•Produced financial ratios using programs, to gauge clients’ financial status
Worked in a Loans, Insurance and Real Estate Sales Administrator capacity; prepared daily cash summaries and balanced petty cash on a regular basis
•Presented loans, real estate offerings and insurance products to prospective and current customers
•Processed applications, generated new and repeat business from clients, scheduled loan closings and aimed to always meet predetermined sales objectives
•Completed early-stage collection calls for existing past due accounts in order to secure monies owed
•Worked in conjunction with the Branch Manager to analyze calls, develop sales measures and efficiently report on the overall branch focus
Double major in Marketing & Finance