STATE CLASSIFICATION JOB DESCRIPTION


Salary Group B22

Class No. 1082

FINANCIAL ANALYST II

GENERAL DESCRIPTION

Performs highly complex (senior-level) financial analysis and regulatory work.  Work involves compiling, reviewing, analyzing, and evaluating financial data; preparing reports and responding to inquiries; and recommending appropriate action to resolve financial and regulatory problems.  May supervise the work of others.  Works under limited supervision, with considerable latitude for the use of initiative and independent judgment.

EXAMPLES OF WORK PERFORMED

Analyzes and reviews financial data; information; and applicable business, financial, and/or regulatory plans.

Develops financial objectives and strategies.

Develops and implements internal financial policies and procedures.

Ensures compliance with established procedures, requirements, laws, and regulations; completeness of data; and presence of adequate documentation.

Monitors and coordinates third-party financial reviews, including the accumulation of data, financial modeling, reporting, and monitoring of responses.

Performs or reviews financial analysis scenarios, such as interest-rate risk simulations using financial modeling software.

Evaluates and monitors agency assets and liabilities.

Provides interpretation on technical questions of financial and regulatory compliance with applicable state and federal statutes and regulations.

Assists in administering financial processes and systems developed to oversee regulated entities.

May supervise the work of others.

Performs related work as assigned.

GENERAL QUALIFICATION GUIDELINES

Experience and Education

Experience in financial analysis and regulatory work.  Graduation from an accredited four-year college or university with major coursework in accounting, business administration, finance, economics, or a related field is generally preferred.  Experience and education may be substituted for one another.

Knowledge, Skills, and Abilities

Knowledge of financial analyses and examination procedures for regulated entities, of financial and industry terminology and practices, and of statistical analysis.

Skill in the use of a computer and applicable software and in data modeling. 

Ability to perform and interpret numerical analyses; to interpret statutes; to analyze, evaluate, and summarize financial and management records for accuracy and conformance to procedures, rules, and regulations; to prepare reports and correspondence regarding findings; to communicate effectively; and to supervise the work of others.

Registration, Certification, or Licensure

May require certification as a Certified Public Accountant (CPA).


State Auditor’s Office

Revised 9-1-15