Director, Asset Liability Management

United Community Bank•Greenville, SC

About The Position

Responsible for identifying, recommending, implementing, and executing asset liability management and interest rate risk efforts for the Bank’s balance sheet. The role directs and oversees Treasury models, tools, processes, reporting, and governance for interest rate risk and Treasury Analytics, including Funds Transfer Pricing (FTP). It also documents and supports reviews, audits, and validations of related functions and processes. The Director is responsible for the Bank’s net interest income and margin projections in partnership with internal stakeholders. The role communicates key assumptions, sensitivities, and variance analyses to senior management and the Board of Directors. This position manages key Treasury functions, including Asset Liability Management, Interest Rate Risk, and Balance Sheet Management, and is responsible for coaching, developing, and managing the performance of employees. It requires flexibility to work evenings and weekends as needed and up to 10% travel.

Requirements

Bachelor’s degree in finance, business, economics, or a related field; equivalent education experience may be substituted.
At least 7 years of experience in a combination of related areas, including asset liability management, interest rate risk management, Treasury analytics, funds transfer pricing, financial planning and analysis, and funding and liquidity.
Thorough understanding of financial-institution balance sheet management, particularly asset liability and interest rate risk management.
Working knowledge of funds transfer pricing, credit risk ratings, funding and liquidity, and capital management.
Excellent analytical, quantitative, and problem-solving skills, with attention to detail and accuracy.
Ability to multitask under time constraints; described as dynamic, analytical, entrepreneurial, and creative.
Strong communication, presentation, and interpersonal skills, including the ability to influence and collaborate with senior management.
Motivation and focus on delivering concrete results.
Ability to work independently and as part of a team.
Advanced knowledge of Microsoft Office products and asset liability management tools such as Empyrean, BancWare, and/or QRM.
Ability to pass a criminal background and credit check.
Flexibility to work evenings and weekends as needed and travel up to 10%.

Nice To Haves

Master’s degree or professional certification such as CFA, CPA, or FRM.
Advanced knowledge of OneStream, Alteryx, Bloomberg, S&P Global Capital IQ Market Intelligence platform, and/or Curinos.
Experience with data management and data visualization tools such as Alteryx, Tableau, and Microsoft Power BI.
SQL knowledge.
Experience in database management.

Responsibilities

Identify, measure, monitor, and control interest rate risk in alignment with internal strategies and objectives, including earnings at risk (EAR), economic value of equity (EVE), effective duration, convexity, and repricing and maturity gap analysis.
Provide recommendations and supporting information to senior management, the Board of Directors, and supervisory agencies.
Identify and communicate risks and opportunities in areas such as new and renewed production to promote profitable growth.
Provide thought leadership on balance sheet management strategy across multiple forecast horizons and scenarios.
Manage funds transfer pricing assignments, update market rates, and participate in related discussions throughout the Bank.
Enhance enterprise-wide interest rate risk governance through reporting, tools, and council and committee meetings.
Partner with other areas to support sustainable, repeatable processes for internal forecasting, pricing, capital, and liquidity.
Serve as primary support for audits, reviews, and validations related to the functions and processes under the role’s responsibility.
Identify, measure, monitor, and control risks associated with current and potential balance sheet management efforts, prioritizing interest rate risk.
Create and maintain documentation, including charters and policies, for key functions and processes.
Lead and develop the team, focusing on continuous improvement of individuals and processes.
Serve as chair and/or key stakeholder of governing councils and committees, contributing active participation and thought leadership.
Complete required compliance training, including Bank Secrecy Act/anti-money laundering training, and participate in applicable internal and external training programs, meetings, seminars, and conferences.
Perform other duties, responsibilities, and activities as assigned.