Analyst, Asset Liability Management

Axos Bank • Las Vegas, NV

3d • $60,000 - $75,000

About The Position

The Analyst, Asset Liability Management is responsible for operating and maintaining financial risk models maintained by the Bank. The skills required include 1) a basic understanding of commercial banking, loans, deposits and financial instruments, 2) understanding of cash flow models, 3) familiarity with modeling software, data base tools and strong Excel knowledge, 4) ability to analyze model results and 5) experience writing reports, process documents and procedures, flow charts and policy statements. This position’s responsibilities may include, but not limited to liquidity risk and stress testing, and liquidity monitoring and backtesting of above models. This role may also have exposure on profitability and fund transfer pricing model, depending on the preference of the candidate. Load and run models at month end and quarter-end, prepare reports based on the results and lead implementation and testing of model changes when approved Requires ability to interact with other analysts, accountants and auditors in the Bank’s Finance and Accounting group, Model Risk Management, Internal Audit, as well as its Loan and Deposit Business Units Prepare and update process documents and procedures associated with the financial models and understanding Bank policy is a key responsibility in addition to report writing Runs liquidity risk model, liquidity monitoring dashboard and liquidity stress testing periodically for SEC filings, management, Asset Liability Committee (ALCO), and the Board Prepare model monitoring documentation for Model Risk Management (MRM) and work closely with the ALM Manager to maintain compliance with Board Policies Perform backtesting and attribution analysis as well as balance sheet optimization scenarios

Requirements

• Bachelor's degree in Finance, Accounting, Math or Statistics
• Cash flow modeling experience
• Report writing and procedure writing
• General understanding of Bank products
• Basic understanding of liquidity in Bank’s context
• Good communication skills with different stakeholders and business units

Nice To Haves

• CFA or CFA track
• Knowledge of SQL
• 2+ years experience with ALM, especially liquidity is highly preferred
• Cash flow engine experience, such as QRM, BancWare, Empyrean etc.

Responsibilities

• Load and run models at month end and quarter-end, prepare reports based on the results and lead implementation and testing of model changes when approved
• Requires ability to interact with other analysts, accountants and auditors in the Bank’s Finance and Accounting group, Model Risk Management, Internal Audit, as well as its Loan and Deposit Business Units
• Prepare and update process documents and procedures associated with the financial models and understanding Bank policy is a key responsibility in addition to report writing
• Runs liquidity risk model, liquidity monitoring dashboard and liquidity stress testing periodically for SEC filings, management, Asset Liability Committee (ALCO), and the Board
• Prepare model monitoring documentation for Model Risk Management (MRM) and work closely with the ALM Manager to maintain compliance with Board Policies
• Perform backtesting and attribution analysis as well as balance sheet optimization scenarios

Benefits

• Medical, Dental, Vision, and Life Insurance
• Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)
• HSA or FSA account and other voluntary benefits
• 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
• Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees