Banking Risk Management Lead
5 days ago
Job Description:
">The Director, Asset Liability Modeling (ALM) plays a critical role in enhancing the monthly production and maintenance of the Bank's ALM model, including Net Interest Income and Economic Value of Equity simulations. Responsibilities include:
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- Be an integral part of the Bank's ALM model, including Net Interest Income and Economic Value of Equity simulations, and alternative run scenarios such as yield curve movements, basis risk, and assumption sensitivity.">
- Improve the monthly production and distribution of the Bank's ALCO package.">
- Work with team members to mentor and develop ALM Analysts in advanced techniques.">
- Provide subject matter expertise by designing and developing business information, analytics, and models related to the Asset Liability Management (ALM) model and deposit analytics.">
- Partner with the treasury team to incorporate balance sheet and model assumptions for forecasting via the ALM model.">
- Liaise with employees from finance, treasury, accounting, business, operations, and data teams to develop tools, methods, assumptions, analysis to support the ALM model.">
- Manage the reporting process related to ALM models for use at various committees.
Required Skills and Qualifications:
">To be successful in this role, you should have:
- ">
- A BA or BS degree in Business or Finance preferred.">
- At least 7 years' of total experience is required, with experience in financial services preferred.">
- Five (5) years of data analytics work experience, including database management.">
- Knowledge of bank products and ALM concepts.">
- Working knowledge of financial systems used in Finance and Treasury group.">
- Advanced proficiency with standard analysis tools, data aggregation tools, database, and programming languages (Excel / Power BI / Access / SQL / Python / R).">
- Coordinating multiple projects simultaneously.
Estimated Salary Range: $150,000 - $170,000 USD annually
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