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Senior Business Analyst

First Bank

Cedar Falls, IA 50613 • 10/24/2026

Professional

Job Description

Job Description

First Bank is currently seeking a Senior Business Analyst. As a Senior Business Analyst you will serve as a key resource in analyzing financial performance, business trends, operational efficiency, and strategic initiatives across the bank. This position partners with various departments throughout the bank and leadership to provide data-driven insights that support decision-making, improve profitability, enhance customer service, and ensure the successful execution of strategic goals.

Duties include:

Financial Analysis & Reporting

  • Analyze financial performance, profitability, and financial metrics for bank departments, offices, products, and services.
  • Prepare monthly, quarterly, and annual financial and management reports.
  • Monitor key performance indicators and identify trends, risks, and opportunities.
  • Develop and maintain financial models, forecasts, budgets, and variance analyses.
  • Assist with asset/liability management reporting and profitability analysis.
  • Support strategic planning through data analysis and financial projections.
  • Evaluate branch, loan, deposit, and business unit performance.
  • Assist Controller with daily fed funding needs.

Business Analysis

  • Perform cost-benefit analyses for new and current products, services, technology investments, and operational initiatives.
  • Assist in developing business cases for capital expenditures and strategic projects.
  • Gather, document, and analyze business requirements, partnering with department leaders as needed, to identify operational inefficiencies, evaluate workflows, and recommend process improvements, system enhancements, and strategic solutions.
  • Extract, validate, and analyze data from core banking system and other business applications, ensuring data integrity and providing meaningful insights to support decision-making.
  • Conduct operational and financial analyses to identify trends, improve productivity, enhance customer experience, and support bank objectives.
  • Translate complex financial and operational data into clear, actionable recommendations.Develop reports, dashboards, and presentation materials for management and the Board.

Regulatory & Risk Management Support

  • Assist in identifying operational and financial risks.
  • Maintain documentation supporting reporting and analytical processes.
  • Ensure confidentiality and security of financial and customer information.
  • Support compliance, audit, and regulatory reporting requirements through accurate data analysis.

Other:

  • Assist with First of Waverly Corporation shareholders including but not limited to retitling, buys, sells, meetings preparation, and proxy distribution and collection.
  • Lead and coordinate cross-functional projects and strategic initiatives, ensuring timely execution, stakeholder alignment, and successful achievement of bank objectives.
  • Assist others within the department with overflow projects.
  • Responsible for ensuring high-quality customer service is provided to both internal and external customers.
  • Other duties as assigned.

The ideal candidate will have a bachelor's degree in business administration, finance, accounting, data analytics, or a related field, or an equivalent combination of education and experience. Candidates should possess at least five years of experience in banking, financial services, business analysis, operations, or a related field, with experience in process improvement, project management, or data analysis preferred.

Successful applicants will demonstrate strong analytical and problem-solving abilities, a solid understanding of banking products and financial statements, and the ability to interpret complex data and present meaningful insights to management. Strong communication, organizational, and project management skills are essential, along with proficiency in Microsoft Office applications and reporting tools. The ability to manage multiple priorities, maintain confidentiality, exercise sound judgment, and ensure a high level of accuracy is critical to success in this role.

First Bank is committed to our employees and customers. We believe our employees are our greatest resource and are fortunate to have quality employees who dedicate their time and effort to making First Bank a leader in our banking communities. To our team members we offer the following benefits: Health insurance, dental insurance, vision insurance, pre-tax flexible spending accounts, group term life insurance, dependent life insurance, short and long-term disability, 401k/ESOP with employer match, paid holidays, paid vacation time, paid sick time, and a wellness program.

Apply online today!

EOE, including disability/vets