Senior ALM Analyst

3 days ago


Pasadena, California, United States East West Bank Full time
About the Role

We are seeking a highly skilled Senior ALM Analyst to join our team at East West Bank. As a key member of our Treasury department, you will be responsible for providing analytical support for the Bank's asset and liability management functions.

Key Responsibilities
  • Design and maintain the ALM model framework, focusing on monthly ALM production and ALCO reporting.
  • Ensure proper controls on the quality and integrity of ALM metrics and reports produced for senior management and ALM committees.
  • Aggregate and test key model assumptions, including interest rate scenarios, prepayment assumptions, and new business volume pricing.
  • Develop clear and concise documentation, memos, and policies for ALM models and processes.
  • Create executive-level presentation materials, simplifying complex topics and visualizing data.
  • Use Empyrean ALM to model the balance sheet to support interest rate risk, funding, liquidity, and capital analysis.
  • Assist in managing new model development and implementation, model validation, and documentation.
  • Coordinate with second-line and third-line reviews to close and address any findings and observations relevant to ALM risks.
  • Discuss liquidity, ALM risk, market conditions, and fixed income hedging activities/strategies.
  • Work with finance and business lines to understand deposit betas and attrition assumptions and use to update IRR frameworks.
  • Anticipate changes in the regulatory environment and the business, conduct applicable research, and make recommendations for responding to emerging/changing regulatory requirements affecting ALM, Capital, or Liquidity Funding.
Requirements
  • 7 years of treasury or related experience with at least 3 years in ALM.
  • CFA, FRM, or BTRM preferred.
  • Bachelor's degree required, and an advanced degree is a strong plus, preferably in Economics, Finance, Statistics, and Mathematics.
  • Strong understanding of ALM, Balance Sheet Risks, and Bank Regulation.
  • Strong understanding of different financial products and financial modeling techniques.
  • Understanding of current trends across the banking industry, economic environment, Fed Policies, and its impact on interest rate dynamics and earnings.
  • Proficiency with Microsoft Office required. Experience with SQL strongly preferred.
  • Experience with ALM software preferred (Empyrean, QRM, and/or Bancware).
  • Strong work ethic and intellectual curiosity.
  • Strong organizational, critical thinking, and customer service skills.
  • Ability to multi-task and manage competing deadlines.
  • Ability to meet tight timelines and prioritize workloads.
  • Excellent communication and analytical skills.
  • Ability to work both independently and in a team environment.

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