Job Description

Director, Asset Liability Modeling (ALM)

Locations:

NY 360 Lexington Ave

NY WP Hamilton

Our client, a premier financial institution, is seeking a Director, Asset Liability Modeling. We have an opening for a VP, Asset Liability Modeling as well.

The Director, ALM will enhance the monthly production and maintenance of the Bank’s Asset Liability Modeling including, but not limited to, Net Interest Income and Economic Value of Equity simulations; Alternative run scenarios such as: yield curve movements, basis risk, and assumption sensitivity.

Responsibilities:

• Be an integral part of the Bank’s Asset Liability Modeling including, but not limited to, Net Interest Income and Economic Value of Equity simulations; 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, 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.

Experience:

• BA or BS degree in Business or Finance preferred.
• At least 7 years' of total experience is required. Experience in financial services is 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 is a must.
• Advanced proficiency with standard analysis tools, data aggregation tools, database, and programing languages (Excel / Power BI / Access / SQL / Python / R)
• Coordinating multiple projects simultaneously.

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