Asset Liability Management Analyst

Compensation

: $145,180.00 - $145,180.00 /year *

Employment Type

: Full-Time

Industry

: Non-Executive Management



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The Asset Liability Management (ALM) Analyst will be a key member of the ALM function that is responsible for strategic balance sheet positioning and managing the structural interest rate

risk generated by the Bank s asset-liability profile.


This position is responsible for interest rate risk reporting, modeling, and analytics. The candidate will measure and analyze interest rate risks as well as play an integral hands-on-role in liquidity stress testing and monitoring.


This position will provide an opportunity to engage with the CFO, Treasurer, and other members of senior management. The role reports to the Treasury Department, the Bank s first line of defense in funding, liquidity, and interest rate risk management.


Primary Responsibilities

  • Identify, analyze, and monitor the interest rate risk position of the Bank s balance sheet through Net Interest Income (NII) and Economic Value of Equity (EVE) simulations, balance sheet gaps, sensitivity analysis, and stress testing analysis.

  • Facilitate the Asset & Liability Committee (ALCO) as the senior management forum responsible for balance sheet management.

  • Prepare and present all reports to ALCO and make recommendations to manage the bank s liquidity and interest rate exposure.

  • Assist the Treasury Department in developing ALM strategies by preparing, analyzing, and reporting various balance sheet forecasted scenarios using the Bank s ALM modeling software.

  • Develop, analyze, and enhance liquidity stress methodologies and assumptions, driving bank-wide actions.

  • Document and maintain procedures to serve as reference of processes completed in building the forecasted balance sheet, calibrating model assumptions, and embedding controls.

  • Analyze customer behaviors, and refine customer behavior models for loan prepayments, deposit betas and deposit decay.

  • Help monitor the performance of the ALM model by conducting sensitivity-testing of model assumptions, liaising with the Risk function on model back-testing, and recommending updates as appropriate.

  • Assist in analyzing and decomposing the deposit book with a focus on liquidity and interest rate sensitivity.

  • If applicable or appropriate, assist with the Bank s compliance with applicable laws, regulations, and regulatory requirements, including Affiliate Transactions (Regulation W).

  • Perform ad-hoc analyses as needed in a fast and efficient manner.


Requirements:

  • Bachelor s degree with coursework and proven proficiency in Finance, Accounting, Economics, Statistics or related field or equivalent work experience in related fields.

  • Minimum 2-3 years of experience within financial services, accounting or retail/commercial banking

  • Experience with ALM modeling software Bancware experience strongly preferred

  • Prior experience in the Treasury space, particularly in an ALM function, preferred.

Skills:

  • Proficiency with Microsoft Excel.
  • Strong analytical and mathematical skills a must. Enthusiastic about solving large, complicated problems and challenges.

  • Self-starter with an entrepreneurial attitude, good commercial judgement.

  • Strong work ethic and intellectual curiosity.

  • Ability and willingness to learn and perform in a fast-paced environment.

  • Ability to work on multiple projects with a high attention to detail.

  • Ability to meet tight timelines and prioritize workloads


by Jobble


Associated topics: actuarial, actuarial consultant, analyst, assistant actuary, associate actuary, cost, director actuary, investment actuary, life actuary, probability * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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