Senior Asset Liability Management (ALM) & Investments Analyst

Job Description and Requirements

The Senior Asset Liability Management (ALM) & Investments Analyst will play an integral role in analyzing the financial condition, interest rate, and liquidity risk for the credit union (CU). The Senior ALM & Investments Analyst will be tasked with independently modeling and conducting financial research in support of various tasks including, but not limited to, interest income and expense forecasting, profitability under various interest rate environments, and future funding needs. The Senior ALM & Investments Analyst will also assist management with 3rd parties and/or brokers to facilitate the loan sales/purchase process by accumulating requested information, answering questions, and pulling system reports as needed.

Essential Functions and Responsibilities:

• Proficiently manage ALM modeling system to effectively identify, analyze, and monitor the interest rate risk position of the CU's balance sheet through Net Interest Income (NII) and Economic Value of Equity (EVE) simulations.
• Conduct ad-hoc simulations to test and analyze major assumptions, explore and refine major drivers of results, or perform decision support analytics in support of key business strategies.
• Clearly identify and monitor the impact of strategic initiatives on the organization's interest rate and liquidity risk profile.
• Assist in the calculation and dissemination of Funds Transfer Pricing (FTP) and FTP/Net Margin reporting to key business lines and senior management.
• Communicate effectively throughout the process to internal and external stakeholders.
• Work with Finance, IT, Lending, and Accounting department management teams to support loan sale transactions, resolve requests, and prepare participating owners' allocations and investor reports ensuring disbursement of remittances is completed within contractually specified time frames.
• Evaluate and maintain reporting on the financial performance of participations purchased.
• Assist Finance department management to analyze, improve, and implement processes to execute overall strategic plan relating to balance sheet management.
• All other duties as assigned (note: essential functions and responsibilities may change, or new ones may be assigned at any time with or without notice).

Requirements:

• BA or BS in Finance, Economics, Accounting or other quantitative discipline
• Minimum 3 years’ experience of related financial analysis and modeling experience, preferably in a financial institution
• Strong understanding of interest rate and liquidity risk management fundamentals
• Proven analytical and problem solving skills with a good understanding of financial institution loans, investments, liabilities, and the financial markets
• Self-starter that is willing to work independently or in a team environment
• Proficient in MS Word and possess strong MS Excel skills (VBA & Power - Query a plus), and have a working knowledge of database software (Access/SQL)
• Excellent organizational and analytical skills

Preferred:

• Experience using sophisticated ALM modeling software and systems, such as Fiserv ALM, Empyrean, Bancware or QRM
• CFA, FRM, or CTP experience

All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.