Finance Data and Modeling Analyst

Third Federal

Finance Data and Modeling Analyst at Third Federal contributing to financial modeling and monitoring key financial metrics. Engage with economic and financial market conditions for portfolio performance measurements.

Posted 5/29/2026full-timeCleveland • Ohio • 🇺🇸 United StatesMid-LevelSenior💰 $60,000 - $90,000 per yearWebsite

About the role

Key responsibilities & impact

Maintain model documentation for Empyrean and sub-models
Conduct assumption change analysis and maintain model change logs
Run convergence testing to determine appropriate paths for stochastic modeling
Run sensitivity analysis against key behavioral assumptions
Maintain and prepare model back-testing and reporting
Analyze model results and connections to economic environments
Model ownership for Capital Planning Stress Testing
Support CECL Modeling process and alternate economic scenarios
Support Liquidity Modeling process and analysis
Own key components of monthly and quarterly analytical processes
Prepay analysis and data support for ALCO
Orchestrate the monitoring around the Balance Sheet Management Program
Loan Fair Value Reporting
Parent Company IRR Profile
High Risk Security Testing
Actual-to-Budget Variance Analysis
Create and maintain reporting on various financial components of the bank
Take part in managing and balancing the daily cash management worksheet
Participate in special projects and analyses, including process optimization and automation

Requirements

What you’ll need

3+ years of Interest Rate Risk analysis or finance experience
Banking experience preferred
Strong aptitude and passion for financial markets
Prior experience dealing with models
Strong analytical and problem-solving skills
Ability to manage priorities and adapt to changing needs of the business
Coding experience a plus (any language, any level)
Excellent written and oral communication skills
Ability to work independently and in a group environment
Attention to accuracy and detail is essential
A positive, pro-active attitude and desire to cross-train and mentor others
Willingness to participate in tasks and other projects within the association as needed
High school diploma/GED required; bachelor’s degree in finance or related field preferred, or equivalent experience

Benefits

Comp & perks

Competitive compensation packages
Medical, dental, vision, and more
401k match
11 Bank Holidays + vacation/sick time
Stock Ownership Allocation
Exceptional culture and value system
Strong work/life balance
Growth opportunities
Mortgage Discount Program
Education Reimbursement Program

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Interest Rate Risk analysisfinancial modelingsensitivity analysisconvergence testingback-testingdata analysisvariance analysiscash managementprocess optimizationautomation

Soft Skills

analytical skillsproblem-solving skillscommunication skillsattention to detailability to manage prioritiesadaptabilityindependenceteamworkpro-active attitudementoring