Residential Finance and Operational Analyst

Newtown Savings Bank

Residential Finance and Operational Analyst at Newtown Savings Bank ensuring financial accuracy and enhancing operational efficiency. Collaborating with teams to streamline workflows and improve customer experience.

Posted 6/2/2026full-timeNewtown • Connecticut • 🇺🇸 United StatesMid-LevelSeniorWebsite

About the role

Key responsibilities & impact

Perform General Ledger account reconciliations, investigate variances, and resolve outstanding items in a timely manner.
Support the annual budget preparation and monitor monthly financial performance against forecasts, identifying trends and variances.
Process and review all invoices for the Retail Lending area for accuracy, ensuring proper expense allocation and identifying cost-efficiency opportunities.
Assist in validating Mortgage Banker commission calculations and reconcile related financial accounts.
Prepare the Mortgage Banker Volume spreadsheet, comparing actual results to budget.
Review and validate each Mortgage Banker’s individual production on an ongoing monthly basis.
Prepare and analyze monthly and quarterly financial, production, and pipeline reports for management, finance, and risk oversight.
Support cost analysis initiatives including time studies and loan origination cost modeling (e.g., FAS91-related activities).
Support the manager in evaluating and analyzing departmental and cross-functional processes by initiating meetings, identifying solutions, documenting procedures and ensuring adherence to compliance standards.
Contribute to financial reporting enhancements by improving data accuracy, reporting consistency, and analytical insights, while identifying opportunities to strengthen processes, enhance controls, and drive operational efficiency.
Assist in administering and coordinating the Loan Origination System (LOS), including issue tracking, system updates, troubleshooting, and coordinating escalation and resolution with internal teams and vendors.
Partner with lending and operations teams to streamline workflows, improve system usability, and enhance customer experience.
Support vendor management activities, including coordinating service requests, upgrades, and ongoing system performance monitoring.
Generate, maintain, and enhance reporting tools, datasets, and internal databases (including Microsoft Access-based systems) to support operational and financial decision-making.
Document workflows and operational processes, identifying opportunities for standardization, automation, and continuous improvement.

Requirements

What you’ll need

Bachelor’s degree in accounting or related field
3–5 years of experience in banking, financial services, accounting, or operations
Foundational understanding of financial reporting, reconciliations, and budgeting concepts
Understanding of mortgage lending is preferred
Strong analytical, problem-solving, and organizational skills
Proficiency in Microsoft Excel; experience with Microsoft Access or reporting tools is a plus
High attention to detail with the ability to manage and interpret financial and operational data
Strong communication skills and ability to collaborate effectively across teams
Ability to handle sensitive financial information with discretion and maintain regulatory compliance

Benefits

Comp & perks

Full time employees also receive a complete benefit package including a generous 401(k)
medical benefits
paid time off
short- and long-term disability programs

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

General Ledger account reconciliationsbudget preparationfinancial performance monitoringinvoice processingMortgage Banker commission calculationsfinancial reportingcost analysisdata accuracy improvementreporting consistencyoperational efficiency

Soft Skills

analytical skillsproblem-solving skillsorganizational skillsattention to detailcommunication skillscollaboration skillsdiscretioncontinuous improvement mindset

Certifications

Bachelor’s degree in accounting or related field