Asset Liability Analyst

Vibe Credit Union • Novi, MI

69d

About The Position

The Asset Liability Analyst will be responsible for overseeing the implementation and management of day-to-day activities necessary to model and monitor the risks related to the Credit Union's balance sheet, including but not limited to, Interest Rate Risk, Liquidity Risk, and Investments. They will partner with the CFO and leadership to develop and execute balance sheet strategies for the organization.

Requirements

• Bachelor's degree in finance, accounting, business, or related field
• 3 to 5 years of financial industry experience
• Working knowledge of the credit union / banking industry as it pertains to balance sheet forecasting, profitability, core product lines, fixed income, and asset liability management
• High Level understanding theory of Finance concepts, Net Present Value, Investments, Excel, Balance sheets, income statements, cash flows and fixed assets

Nice To Haves

• Knowledge of financial risk concepts and asset liability modeling
• In-depth knowledge of treasury systems, products, risk characteristics and terminology proficiency in risk analysis systems and methods
• Excellent time management and problem-solving abilities.
• Highly proficient in Microsoft Excel, working knowledge of Microsoft Word and PowerPoint.
• Must be able to work independently as well as lead to desired credit union results.
• Must have strong technical capacity and thoroughness.
• Comfortable learning and adapting to new systems, processes, and change.
• Excellent written and oral communication skills required.
• Presents a positive and professional image to members through effective and courteous verbal and written communications.
• Courtesy, tact, and diplomacy are essential elements of the job. Work involves personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.
• Ability to apply logical thinking to define problems, collect data, establish facts, and draw conclusions.
• Ability to be mindfully flexible and willing to go with the flow.
• Ability to deal with difficult concepts and complex variables.
• Ability to interpret data, and assess patterns of members' behavior across accounts to determine acts of improper dishonesty or fraudulent activity

Responsibilities

• Oversee the development of programs, partnerships, and/or models that evaluate Asset/Liability strategy
• Optimizing assets, liabilities and capital to improve financial health and achieve strategic objectives
• Monitoring key risk measures that impact regulatory and non-regulatory IRR stress metrics
• Managing the quarterly measurement and reporting of regulatory NEV and NII analysis
• Managing NII calculations and supporting the budget forecasting process
• Managing ad-hoc NEV and NII analysis for new products, projects and opportunities for risk management
• Ensuring the integrity of ALM model assumptions, calculations and documentation
• Monitors and reports on interest rate risk and liquidity risk
• Management of funding and liquidity management activities
• Monitor and manage contingency funding needs and collateral pledged for borrowing capacity
• Management of the investment portfolio activities
• Conduct monthly ALCO meetings and participate as an active member of the Pricing Committee
• Consult with third parties to develop and measure derivative hedging strategies
• Ensures procedures and policies are accurate and compliant, as well as for adherence.
• Interacting with external parties like software vendors, model validation consultants, FHLB and broker dealers
• Perform other duties as assigned.

What This Job Offers

• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 101-250 employees