Financial Analyst
About the role
DSFederal is seeking a highly qualified individual for a Business Financial Analyst position supporting a federal client in their day-to-day operational and business processes and management practices. The candidate shall provide business process management and automation support services to the National Institute of Health’s Division of Loan Repayment (DLR) Division. The DLR administers the Loan Repayment Programs (LRPs) by managing loan eligibility, repayment and awardee compliance according to current NIH policies and procedures. The LRP is utilized as a recruitment and retention tool to ensure the government can attract, hire and retain highly qualified health professionals with a focus on biomedical and biobehavioral research. The DLR ensures that applicants meet program requirements, it manages repayment schedules, and monitors compliance.
Responsibilities
- Understand the typical loan application and award process for the government, ideally, and for the commercial sector, minimally
- Be proficient in both soft and technical skills such as software/website proficiency, oral and written communications, and information organization
- Multi-task while ensuring adherence to established quality, throughput metrics and requirements
- Understand the impacts of Artificial Intelligence (AI) and how AI may affect the federal or commercial loan market landscape
- Use Microsoft Office programs with a specific emphasis on Excel to include pivot tables and building functional databases, dashboards and reports from raw data; PowerPoint; Power Bi; Microsoft Teams/Sharepoint use and management; and Microsoft Word functionalities
- Demonstrate proficiency in Microsoft Outlook
- Manage time and productivity with minimal oversight or direction
- Work with minimal supervision, both independently and as part of a larger team, and effectively prioritize work
- Understand and consistently display the value of self-starting; meet all deadlines: return customer inquiries in a timely manner; and data input into required systems in accordance with applied metrics
- Have exceptional interpersonal skills since they will routinely interface with clients performing at the daily execution level through the project/program management level to the executive level
- Work under the supervision of the Task Order Project Manager while simultaneously receiving daily technical guidance from the Government Technical Lead or the DSFederal Team Lead
- Create metrics, dashboards, and reports to provide visibility into progress and activities
- Use varying techniques to maintain data inputs, track change, monitor progress and synchronize with other functional lanes to ensure the client is being properly supported
- Provide routine updates to Business Operations tasks
- During day-to-day tasks identify areas or process actions that can be improved or integrated with other actions to increase effectiveness and efficiencies
- Support change management and efforts to change processes and implement new tools and processes
- Administer all aspects of the NIH Extramural LRP and provide support to application and payment activities for the NIH Intramural LRP, including:
- Screening financial loan application documents for completeness and eligibility
- Coordinating payments to loan servicing agencies on behalf of program participants
- Conducting communication and outreach activities
- Establish LRP loan portfolios through the process of financial vetting
- Ensure timely release of LRP quarterly payments directly to loan servicing agencies along with associated tax payments
- Ensure LRP participants meet their contractual obligations such as payment verification
- Review Student Loan Repayment Program (SLRP) loan application packets and prepare approval memos
- Respond to inquiries from Institutes and Centers (ICs)
- Coordinate with Office of Human Resources for payment release, ensuring in-time talent acquisition and promotion within NIH
- Conduct quantitative and qualitative analysis and evaluation based on the effectiveness of the program operations
- Provide analyst support to the client executive team as needed
Requirements
- Between 2-4 years of experience in an accounting or finance environment
- Experience reviewing and analyzing financial loan documents
- Prior experience working with students or other commercial loans is a benefit
- Experience with data analytics, invoicing, dashboarding, and federal gov’t contracts reading and interpretation
Qualifications
- Bachelor in Business Administration, Public Administration, Finance, or Accounting
Skills
- Technical Skills Required: Personal Computers, Knowledge of Microsoft Office Suite, SharePoint, AdobePro, and an understanding Power BI is preferred but not required