Senior ALM Analyst

GreenState Credit Union•North Liberty, IA

3d•$119,079 - $139,217

About The Position

POSITION SUMMARY: Performs complex Asset Liability Management (ALM) functions; monitors and reports on interest rate and liquidity risk; conducts financial and analytical ‘what if’ scenarios; works in close cooperation with Leadership in support of the ALM modeling, annual planning process, monthly ALCO reporting, financial reporting, and execution of the Credit Union’s overall financial strategies. Performs other special projects and assignments as may be directed by Leadership. GREENSTATE CULTURE: At GreenState, our purpose is to create lasting value for our members, our communities, and one another. We empower our teams to create opportunities that strengthen financial well-being, transform lives, and enhance the vitality of the communities we serve. We know our success—now and in the future—is deeply rooted in fostering an engaging, diverse, and inclusive workplace where everyone knows they matter, their work makes an impact, and their everyday commitment to living our values is what brings our mission to life. Salary range for this position is $119,078.70 - $139,216.74 with a progressive benefit package.

Requirements

Bachelor’s degree in finance, economics, accounting, or closely related field required.
Five or more years of related experience working with financial institutions (preferably >$10B in assets).
Experience measuring and monitoring interest rate risk, liquidity risk, and balance sheet strategies.
Experience with ALM software required (Empyrean, ZMFS, QRM, etc.).
Must be able to manage multiple assignments with changing deadlines in a high-pressure environment.
Ability to coordinate and prioritize assignments and organize work efficiently for timely completion.
Well-developed analytical and problem-solving skills.
Ability to solve problems independently and maintain composure in high stress situations.
Excellent figure aptitude, with accurate and attention to detail required.
Self-directed nature, fostering an ability to work independent of supervision, but able and willing to take direction when provided.
Highly proficient in Microsoft Office, including excel and word.
General knowledge and understanding of a financial institution’s products, services, and reports.
Ability, availability, and willingness to work additional and/or unconventional hours as demanded by the workload.
Must be bondable.

Nice To Haves

Knowledge of financial mathematics and discounted cash flow modeling preferred. CFA a plus.
Power BI and SQL experience a plus.

Responsibilities

Adheres to the Credit Union's core values and Service Standards in conducting GreenState's mission and vision.
Demonstrates a positive member service (internal and external) focus at all times.
Demonstrates teamwork in all interactions with coworkers and in the completion of all duties and responsibilities.
Ensures confidentiality of member information.
Supports a diverse and inclusive work environment.
Presents a professional image from a personal and professional level that will be beneficial to the Credit Union.
Collaborates with members of ALCO to develop risk measures, scenario analysis and stress testing and mitigating actions, to ensure all material risks are identified, quantified, managed and reported to ALCO.
Analyzes and monitors credit union liquidity and makes recommendations for necessary action.
Working with Leadership, assists in the implementation of ALM model and the buildout of numerous analyses, including NII, EVE, duration, liquidity stress testing, ratio analysis, and what if scenarios.
Assists with assumption datamining, market source maintenance, benchmarking, and validation, and documentation of all modeling assumptions.
Collaborates with members of ALCO to establish liquidity and interest rate tolerance levels and maintain dashboard to monitor results.
Prepares monthly ALCO reports
Performs cash management reporting
Assists with the monthly collateral pledging processes, including review and transmittal of loan files to the Federal Reserve Bank and the Federal Home Loan Bank.
Maintains and tracks usage of liquidity sources by performing monthly reporting and periodic line testing.
Assists with back testing and validation of ALM model.
Maintains ALM model documentation and standard operating procedures.
Performs IRR and liquidity scenarios related to annual capital planning and stress testing.
Assists with the compilation and analysis of financial information to support Senior Management in making operational and strategic decisions.
Delivers insightful analysis of actual and projected capital, liquidity and funding resources and constraints, to the business.
Participates in ad hoc projects that include building dashboards, plans and metrics.
Performs any other temporary or permanent duties as assigned by the ALM Manager or Treasury Vice President.