ALM Analyst

About the role

As a risk management professional, the incumbent provides support and advice in measuring, monitoring, and managing interest rate risk, liquidity risk, and balance sheet integration by delivering effective quantitative analysis of proprietary and national data.

Responsibilities

• Gathers and analyzes data regarding the organization’s assets and liabilities in a wide range of economic and management-defined scenarios.
• Develops new assumptions and recalibrates modeling assumptions on an ongoing basis for:
  • Interest Rate Risk
  • Liquidity Risk
  • Balance Sheet Management
  • Capital Stress Testing
• Learns to operate and support the Empyrean Model, a vendor model used for modeling Interest Rate Risk, Liquidity Risk, Balance Sheet Management Strategies, and Capital Stress Testing.
• Prepares analysis and reports for Senior Management and the Board Risk Committee.
• Participates as a member of various ALCO management sub-committees: Interest Rate Risk, Funding and Liquidity, Deposit Pricing, and Loan Pricing. Attends STRESSCO (Capital Stress Testing Committee) meetings as requested.
• Performs other duties and special projects as assigned by Senior Management.
• Complies with all applicable federal, state, and local banking and industry-related laws and regulations, including the Bank Secrecy Act.

Requirements

• Bachelor’s degree in Mathematics, Statistics, Business, Accounting, Finance, or a related field.
• 1–3 years of experience performing analysis of large, complex time-series data, preferably in Asset/Liability management.
• Experience operating vendor financial/risk models and quantitative analysis preferred.
• Basic understanding of banking, financial services, or the investment industry.
• Experienced-level understanding of accounting principles (balance sheet and income statement composition).
• Basic understanding of analytical techniques used with large, complex time-series data.
• Experienced-level understanding of financial risk models and quantitative analysis.
• Experienced-level proficiency in Microsoft Office products including Word, Excel, Access, PowerPoint, and SharePoint.

An equivalent combination of education, training, and experience may be considered.

Physical Requirements

Ability to lift, move, or carry approximately 25 pounds if required to perform essential job functions. Accommodations will be made for employees unable to meet this requirement without causing undue hardship to the department or division.