Manager-ALM

Bank of Hope•Los Angeles, CA

4d•Onsite

About The Position

Manager – ALM is responsible for the development and execution of impactful balance sheet strategies while supporting the design and management of the Bank’s ALM system. Lead the development and maintenance of the Bank’s ALM system, primarily in QRM. This function includes all supporting tools, such as SQL server, Excel macros, and other softwares that support the IRR infrastructure of the Bank. Manage ALM staff members, train and retain talents for smoothly operating Bank ALM functions; Ensure sufficient coverage for all ALM areas in measuring, monitoring, and reporting risk. Maintain procedures, policies, and training manuals related to IRR. Follow regulatory guidance in regard to ALM and treasury matters, interact in a timely and professional manners with regulators (FDIC, Fed, CA DBO). Responsible for the overall ALM section of Board ALCO reporting, with monthly frequency, fully appraising the Board of IRR changes, risk drivers, and forward recommendation. Responsible for notifying all stakeholders (Treasurer, CFO, COO, Strategy, Business lines) regarding IRR recommendation, changes, limit monitoring. Shares responsibility with Treasurer and Liquidity Manager to ensure all treasury models follow the regulatory guidance in SR11-7, monitored/backtested regularly, and validated in the agreed amount of time. Support accounting and investor relations to ensure all financial release regarding IRR are properly vetted and understood.

Requirements

Bachelor’s degree in accounting, finance, economics, or related field
5-8 years of experience in asset liability management, quantitative modeling, or similar field
Prior experience in Treasury, Finance, or Risk Management is preferred.
Strong analytical and modeling skills
Solid project management and coordination skills with proven ability to meet deadlines
High-performance, high-quality approach to managing multiple projects simultaneously
Good team player with interpersonal skills
Attention to detail and Excellent written communication skills
Ability to research, formulate ideas, and develop actionable insights
Proficiency with MS Office (Word, Excel, Powerpoint, Access)

Nice To Haves

MBA, CFA, FRM, or CPA designation preferred
Experience with Capital/ALM system such as QRM or Bancware or other related software is highly desirable
Working knowledge of SQL, XML, VBA
Experience with Bloomberg

Responsibilities

Development and execution of impactful balance sheet strategies.
Supporting the design and management of the Bank’s ALM system.
Lead the development and maintenance of the Bank’s ALM system, primarily in QRM.
Manage all supporting tools, such as SQL server, Excel macros, and other software that support the IRR infrastructure of the Bank.
Manage ALM staff members, train and retain talents for smoothly operating Bank ALM functions.
Ensure sufficient coverage for all ALM areas in measuring, monitoring, and reporting risk.
Maintain procedures, policies, and training manuals related to IRR.
Follow regulatory guidance in regard to ALM and treasury matters.
Interact in a timely and professional manners with regulators (FDIC, Fed, CA DBO).
Responsible for the overall ALM section of Board ALCO reporting, with monthly frequency, fully appraising the Board of IRR changes, risk drivers, and forward recommendation.
Responsible for notifying all stakeholders (Treasurer, CFO, COO, Strategy, Business lines) regarding IRR recommendation, changes, limit monitoring.
Shares responsibility with Treasurer and Liquidity Manager to ensure all treasury models follow the regulatory guidance in SR11-7, monitored/backtested regularly, and validated in the agreed amount of time.
Support accounting and investor relations to ensure all financial release regarding IRR are properly vetted and understood.