ALM Analyst

First National Bank Texas•Killeen, TX

1d•Onsite

About The Position

The ALM Analyst will be responsible for a variety of tasks related to cash management, investment activities, and financial analysis. This role involves preparing daily transaction confirmations, reviewing collateral levels, conducting interest rate risk testing, and analyzing market interest rate trends. The analyst will also provide support for ALCO and Board reporting, reconcile general ledger accounts, and assist with customer CDARS accounts and CD portfolio interest payments. Additionally, the position requires compiling and processing information from various sources, assisting with financial analytics, and providing administrative support to the department. The role may also involve serving as back-up for the VP-Cash Manager and VP of Asset Liability Management.

Requirements

Bachelors in Finance or Accounting or Associates degree with experience in accounting, investments or economics.
Must be familiar with common General Ledger terms and transactions.
Working knowledge of Microsoft Office, with proficiency in Excel preferred.
Knowledge of Access is a plus.
Ability to maintain confidentiality
Good communication skills
Must be detail oriented, analytical, and organized
Capable of meeting deadlines
At least 18 years of age
Must successfully pass background investigation according to company policy
Must be able to get along with co-workers and work effectively in a team environment

Nice To Haves

Knowledge of Access is a plus.

Responsibilities

Prepare and send daily confirmations for Repurchase Agreement transactions.
Review and adjust collateral levels for Repurchase Agreement accounts as needed.
Conduct additional Interest Rate Risk testing scenarios beyond the standard modeling.
Regularly review and provide analysis on market interest rate trends for demand deposits, time deposits, and treasury management products.
Serve as back-up to, and complete the day-to-day responsibilities of, the VP-Cash Manager as needed.
Serve as back-up to, and complete the day-to-day responsibilities of, VP of Asset Liability Management as needed.
Reconcile GL accounts related to cash management and investment activities.
Assist with account activity on customer CDARS accounts, to include statement disbursement.
Digitally store and organize reconciliations and department files.
Record and process interest payments on CD portfolio.
Assist with ALCO (Asset/Liability Committee) reporting, Board reporting, Fed reporting and securities transfers as needed.
Compile and process information from internal departments and correspondent banks, gaining experience to provide essential support in completion of the daily cash management function.
Assist with financial analytics on municipal debt issuers.
Provide additional administrative support to department.
Other duties as assigned.