Principal Consultant – Bank ALM

Strata Decision Technology•Chicago, AZ

4d•Hybrid

About The Position

As a member of Strata’s Financial Institutions business unit, the Principal Consultant – Bank ALM serves as a trusted advisor to bank executives and boards of directors. The role helps clients navigate complex balance sheet, asset/liability management (ALM), interest rate risk, liquidity, and strategic planning decisions. It works closely with CEOs, CFOs, treasury leaders, risk officers, executive management teams, and boards to turn financial and balance sheet analysis into useful business insights and actionable strategies. The position combines technical expertise, strategic thinking, executive presence, and relationship management. The consultant analyzes model assumptions and presents insights to decision-makers, helping them understand financial results and possible actions. The role also delivers consulting engagements, manages client relationships, supports future business opportunities, and collaborates with colleagues to improve analytical methods and client deliverables. The team works in a hybrid environment, with an expectation of at least two days per week in the office. The preferred location for open roles is Chicago, IL. Strong preference is given to candidates in the Phoenix metropolitan area or those committed to relocating; candidates in the Chicago area may also be considered. Travel is approximately 15–30% as client needs require.

Requirements

10+ years of progressive experience within the banking industry.
Significant experience in ALM, interest rate risk management, treasury, balance sheet strategy, financial management, or related banking disciplines.
Demonstrated ability to communicate effectively with executive management teams, ALCO committees, and boards of directors.
Strong understanding of ALM methodologies, interest rate risk measurement, balance sheet management, and strategic financial decision-making.
Experience interpreting and communicating the strategic implications of quantitative financial analyses.
Strong written and verbal communication skills, including the ability to explain complex concepts to financial and non-financial audiences.
Advanced Microsoft Excel skills and comfort working with financial models and analytical tools.
Ability to manage multiple projects and priorities while maintaining high standards of quality and client service.
Willingness to travel approximately 15–30% as client needs require.

Nice To Haves

Experience working with community and regional banks, preferably institutions with less than $50 billion in assets.
CFA designation.
Previous consulting experience.
Significant experience advising executive management teams, boards, or ALCO committees within banking organizations.
Located in the Phoenix metropolitan area or committed to relocating; candidates located in the Chicago area may also be considered.

Responsibilities

Advise bank management teams and boards of directors on balance sheet strategy, ALM, liquidity, and interest rate risk management.
Lead client discussions connecting financial performance, risk exposures, and strategic objectives.
Facilitate board- and executive-level presentations explaining financial analyses and strategic alternatives.
Perform and review complex ALM analyses, interest rate risk assessments, and related balance sheet evaluations.
Lead client discussions about assumption development and modeling to establish reasonable, supportable, and actionable planning assumptions.
Help clients evaluate strategic decisions involving growth, funding, investments, liquidity, pricing, capital management, and balance sheet optimization.
Support clients preparing for and responding to regulatory and examination-related questions involving ALM, interest rate risk, and balance sheet management.
Deliver high-quality consulting engagements while managing multiple priorities and client relationships.
Collaborate with internal team members to enhance methodologies, analytical approaches, and client deliverables.
Represent the firm through client service, professionalism, and expertise that strengthens long-term client relationships and contributes to future business opportunities.