Senior Interest Rate Risk Manager

4 days ago


Honolulu, Hawaii, United States American Savings Bank Full time
About the Role

We are seeking a highly skilled Senior Interest Rate Risk Manager to join our team at American Savings Bank. As a key member of our treasury department, you will be responsible for managing the bank's interest rate risk position, including net interest income (NII) sensitivities and economic value of (EVE) sensitivities.

Key Responsibilities
  • Oversee the development, production, and output of interest rate risk analytics within our Empyrean ALM model.
  • Ensure key risk measurements remain in compliance with our Interest Rate Risk Management policy.
  • Collaborate with the Manager of Capital Markets to set investment duration targets to optimize profitability and interest rate risk.
  • Develop and maintain the Bank's Interest Rate Risk Contingency Plan, recommending strategies to change the Bank's interest rate risk position to optimize performance.
  • Lead the development of reports communicating the IRR position to the Asset/Liability Committee (ALCO).
  • Perform 'what-if' analysis and balance sheet simulations to support strategy development.
  • Ensure IRR models maintain appropriate documentation and changes of controls in compliance with all internal controls and policies.
Requirements
  • Minimum 10+ years of work experience in accounting, treasury, or related areas performing quantitative financial analysis.
  • Minimum 7 years of experience in an IRR or ALM function with experience with Empyrean, QRM, Bancware, or other ALM software.
  • Minimum 2 years of supervisory experience.
Compensation and Benefits

The estimated annual salary for this role is between $120,000 - $180,000 depending on qualifications and location. In addition to a competitive salary, we offer a comprehensive benefits package, including medical, dental, and vision coverage, retirement savings plan, and paid time off.



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