Senior ALM Analyst jobs in United States
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GreenState Credit Union · 1 day ago

Senior ALM Analyst

GreenState Credit Union is committed to creating lasting value for its members and communities. The Senior ALM Analyst will perform complex Asset Liability Management functions, monitor interest rate and liquidity risk, and support the ALM modeling and financial strategies of the Credit Union.

BankingFinanceFinancial Services

Responsibilities

Adheres to the Credit Union's core values and Service Standards in conducting GreenState's mission and vision
Demonstrates a positive member service (internal and external) focus at all times
Demonstrates teamwork in all interactions with coworkers and in the completion of all duties and responsibilities
Ensures confidentiality of member information
Supports a diverse and inclusive work environment
Presents a professional image from a personal and professional level that will be beneficial to the Credit Union
Collaborates with members of ALCO to develop risk measures, scenario analysis and stress testing and mitigating actions, to ensure all material risks are identified, quantified, managed and reported to ALCO
Analyzes and monitors credit union liquidity and makes recommendations for necessary action
Working with Leadership, assists in the implementation of ALM model and the buildout of numerous analyses, including NII, EVE, duration, liquidity stress testing, ratio analysis, and whatif scenarios
Assists with assumption datamining, market source maintenance, benchmarking, and validation, and documentation of all modeling assumptions
Collaborates with members of ALCO to establish liquidity and interest rate tolerance levels and maintain dashboard to monitor results
Prepares monthly ALCO reports
Performs cash management reporting
Assists with the monthly collateral pledging processes, including review and transmittal of loan files to the Federal Reserve Bank and the Federal Home Loan Bank
Maintains and tracks usage of liquidity sources by performing monthly reporting and periodic line testing
Assists with back testing and validation of ALM model
Maintains ALM model documentation and standard operating procedures
Performs IRR and liquidity scenarios related to annual capital planning and stress testing
Assists with the compilation and analysis of financial information to support Senior Management in making operational and strategic decisions
Delivers insightful analysis of actual and projected capital, liquidity and funding resources and constraints, to the business
Participates in ad hoc projects that include building dashboards, plans and metrics
Performs any other temporary or permanent duties as assigned by the ALM Manager or Treasury Vice President

Qualification

ALM softwareInterest rate riskLiquidity riskFinancial mathematicsCFAAnalytical skillsMicrosoft OfficePower BISQLProblem-solving skills

Required

Bachelor's degree in finance, economics, accounting, or closely related field required
Five or more years of related experience working with financial institutions (preferably >$10B in assets)
Experience measuring and monitoring interest rate risk, liquidity risk, and balance sheet strategies
Experience with ALM software required (Empyrean, ZMFS, QRM, etc.)
Must be able to manage multiple assignments with changing deadlines in a high-pressure environment
Ability to coordinate and prioritize assignments and organize work efficiently for timely completion
Well-developed analytical and problem-solving skills
Ability to solve problems independently and maintain composure in high stress situations
Excellent figure aptitude, with accurate and attention to detail required
Self-directed nature, fostering an ability to work independent of supervision, but able and willing to take direction when provided
Highly proficient in Microsoft Office, including excel and word
General knowledge and understanding of a financial institution's products, services, and reports
Ability, availability, and willingness to work additional and/or unconventional hours as demanded by the workload
Must be bondable

Preferred

Knowledge of financial mathematics and discounted cash flow modeling preferred
CFA a plus
Power BI and SQL experience a plus

Benefits

Progressive benefit package

Company

GreenState Credit Union

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GreenState Credit Union is a financial services company that specializes in online banking.

Funding

Current Stage
Late Stage
Total Funding
$100M
2023-02-15Debt Financing· $100M

Leadership Team

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Vikram Israni
CEO
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Jenn Bleil
Chief People Officer
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Company data provided by crunchbase