Float Analyst Salary in Colorado - State Average

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Average Salary for Float Analyst in Colorado - State Average

The average salary of a(n) Float Analyst in Colorado - State Average is $73,993.

The average hourly rate of a(n) Float Analyst in Colorado - State Average is $35.57.

The average bonus of a(n) Float Analyst in Colorado - State Average is $2,871.00.

Job Description:

Gathers and analyzes information about float activities within a financial organization. Performs all aspects of float analysis, including cost-benefit analysis on check clearing alternatives. Builds quantitative/financial valuation models to manage and plan strategic direction for the organization's check clearing operations. Recommends necessary process changes to speed check processing and reduce float time. Designs database models to replicate check clearing systems. Assists with budget management of check clearing operations by developing best practices in cost related processes. Identifies and recommends cost/operating efficiency improvements while establishing and maintaining effective networks for different cost categories. Utilizes information technology to reengineer business processes to increase productivity, improve product or service quality, and enhance customer service and satisfaction. Builds forecasting models for cost/revenue analysis and interest rate movements. Creates quantitative/financial models using large amounts of raw data to conduct feasibility studies, financial valuation analysis, and product development for strategic operations projects and to prepare and present monthly operations reporting for executive management review. May perform balance sheet restructuring for early recognition of funds in bank operations processing centers. May implement new float system including development and testing work. Less

Gathers and analyzes information about float activities within a financial organization. Performs all aspects of float analysis, including cost-benefit analysis on check clearing alternatives. Builds quantitative/financial valuation models to manage and plan strategic direction for the organization's check clearing operations.... More

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