Senior ALM Analyst

Job Function / Summary

Senior ALM Analysts are responsible for modeling and quantifying the Interest Rate Risk and Liquidity Risk associated with management of the Bank’s Balance Sheet and the communication of these risks to the Bank’s ALCO and associated Sub-Committees. The Senior ALM Analyst will also recommend on-balance and off-balance sheet strategies for minimizing of these risks and well as participate in other Treasury based functions which support Banking operations such as Loan Pricing, Funds Transfer Pricing methodologies, and Investment Portfolio analysis.

Essential Duties & Responsibilities

• Operates and maintains the ALM Model (Empyrean Solutions), as well as other proprietary models developed by Corporate Treasury including the Deposit Analytics Model and Liquidity Stress Test Model.
• Provides analysis, creates presentations, and communicates recommendations to sub-committees of the Bank’s ALCO.
• Provides guidance, leadership and expertise to other ALM Analysts.
• Provides guidance on product construction, loan structuring and FTP to other managers and senior associates.
• Aids in providing lenders guidance on loan pricing which requires knowledge of Bank’s loan pricing models.
• Reviews and coordinates all documentation for IRR, Deposit and Liquidity Models.
• Assists the ALM Manager and/or Assistant Treasurer in managing Model Reviews with External Vendors and Internal Model Governance.
• Analyzes Asset/Liability (ALM) Model data by performing trend analysis and other statistical or quantitative techniques via Business Intelligence tools (SAS, SQL, Power BI, Power Query, Excel Pivot Tables).
• Prepares reports for Asset Liability Committee (ALCO) and ALCO subcommittees and Corporate Treasury.
• Assists with modeling ad hoc strategies and balances sheet optimization.
• Develops and periodically calibrates and back tests assumptions used in modeling.
• Mets with representatives from Retail, Commercial, Business Banking product management… etc. in order to understand products and their behaviors in order to address potential risk factors embedded in the product and to model them correctly.
• Analyzes the impact of potential risk mitigation strategies using both off-balance sheet derivatives and other on-balance sheet methods.

Supervisory Responsibilities

No

Minimum Required Education, Experience & Knowledge

• Bachelor's degree preferably in finance, accounting, economics or related field.
• 5 years related experience and/or training required. 7 years preferred.
• CFA designation or Master’s in Finance required.
• Experience should include financial modeling in addition to working with large complex data sets and time series/regression analysis. (Tableau, Power BI, Power Query)

Essential Mental & Physical Requirements

• Ability to travel if required to perform the essential job functions.
• Ability to work under stress and meet deadlines.
• Ability to operate related equipment to perform the essential job functions.
• Ability to read and interpret a document if required to perform the essential job functions.
• Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions.

Pay

N/A

Schedule

N/A

Benefits

N/A