Asset Liability Analyst II

SchoolsFirst Federal Credit Union•Tustin, CA

4d•$88,221 - $132,331

About The Position

The Asset Liability Analyst II position is responsible for assisting in the preparation and analysis of balance sheet, net economic value (NEV), and net interest income (NII) forecasts under various scenarios. This role supports the processing of results and preparation of detailed reports for senior management. The analyst will contribute to the development and refinement of modeling techniques for net interest income and balance sheet projections for capital planning and stress testing. They will utilize intermediate data management techniques to obtain, maintain, and develop data for the ALM model, perform data validation, and collaborate with senior analysts to ensure alignment of ALM strategies with business objectives. Additionally, this role provides guidance and support to entry-level analysts. The position involves monitoring, analyzing, and reporting interest rate risk exposure using ALM software, performing simulations, updating and refining methods for ALM model inputs, managing subsystem data, maintaining ALM model parameters, operating the cash flow engine, performing data mining, analysis, and reporting, and staying current with economic and fixed-income market trends. The role also includes performing other duties as assigned and complying with regulatory compliance and training requirements.

Requirements

High School Diploma or GED required
Bachelor's Degree in a related field or equivalent years of experience required
3-5 years of prior relevant experience required
Solid understanding of financial principles and asset liability management (ALM)
Working knowledge of financial systems such as Bancware or ZM Desk.
Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
Intermediate proficiency in financial modeling and analysis.
Strong analytical and problem-solving skills
Effective communication skills, both written and verbal.
Proficient data management and data mining skills, particularly around SQL coding.

Responsibilities

Assist in the preparation and analysis of balance sheet, net economic value (NEV), and net interest income (NII) forecasts under various scenarios.
Support the processing of results and preparation of detailed reports for senior management.
Contribute to the development and refinement of modeling techniques for net interest income and balance sheet projections for capital planning and stress testing.
Utilize intermediate data management techniques to obtain, maintain, and develop the data needed for the ALM model.
Perform data validation tasks to ensure data accuracy and integrity.
Collaborate with senior analysts and other team members to ensure alignment of ALM strategies with overall business objectives.
Provide guidance and support to entry-level analysts as needed.
Monitor, analyze, and report interest rate risk exposure using Asset/Liability Management (ALM) software through intermediate scenario analysis and stress testing.
Verify the accuracy, reasonableness, and consistency of results by providing detailed analysis of key drivers.
Perform simulations under multiple scenarios to compute market value, effective duration, and other key metrics of interest-bearing accounts and instruments on the balance sheet.
Update and refine methods and analyses to derive input assumptions for ALM models, such as prepayment speeds, deposit decay rates, and deposit betas.
Obtain and manage subsystem data for ALM software’s monthly processes and assist in data reconciliation.
Maintain and update ALM model parameters and account attributes.
Operate the cash flow engine for budget/reforecast processes.
Perform data mining, analysis, and reporting tasks as assigned.
Stay current with economic and fixed-income market trends.
Performs other duties as assigned.
Complies with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties.