Sr Asset Liability Mgt Analyst

Valley Bank • Paramus, NJ

3d

About The Position

This role is responsible for leading the organization's Asset Liability Management (ALM) modeling initiatives. This includes managing interest rate risk, sensitivity, liquidity risk, and balance sheet optimization. The analyst will gather and analyze data across various economic scenarios, develop reports and presentations for ALCO (Asset Liability Committee), and support finance, risk management, and audit functions. The position also involves maintaining ALM policies, monitoring trends, and ensuring compliance with regulations.

Requirements

• Familiarity with the Empyrean modeling solution.
• Proficient in all concepts of interest rate risk modeling, balance sheet dynamics, fixed-income analytics, and non-maturity deposit behaviors.
• Strong knowledge of capital markets including but not limited to option-adjusted valuation concepts and methodologies with the capacity to apply them in the normal course of balance sheet risk modeling.
• Strong knowledge of mortgage-backed securities, collateralized mortgage obligations, derivatives and structured products with the ability to produce valuation metrics and analyze cash flow behaviors.
• Proficient in statistics and concepts.
• Working knowledge of credit risk and cash flow impact.
• Working knowledge of capital stress testing.
• Basic working knowledge of Bloomberg.
• Proficient in Microsoft Excel.
• Excellent verbal and written communication skills.
• Ability to prioritize and organize assignments.
• Strong desire to evolve skill sets to meet an evolving environment.
• Knowledge of banking industry and banking functions.
• Ability to meet strict deadlines and complete projects effectively and independently.
• Bachelor's Degree in Accounting, Finance, Economics, Mathematics, Business or related field from college or university.
• A minimum of 3 years related financial analysis and risk management experience in a financial institution.

Nice To Haves

• Knowledge of Power BI and/or Tableau a plus.
• R-coding a plus.
• Experience with Empyrean/ZMdesk or similar ALM modeling platforms.
• Experience in preparing ALCO reporting and executive presentations.
• Knowledge of Funds Transfer Pricing (FTP) methodologies.
• MBA, CFA, FRM, CTP, or progress toward a professional certification.

Responsibilities

• Lead Valley's ALM modelling initiatives including interest rate risk and sensitivity, liquidity risk and balance sheet optimization.
• Gather and analyze data on assets and liabilities in a wide range of economic and management defined scenarios.
• Develops reports and presentation materials that effectively communicate financial performance, risks and strategy recommendations including monthly ALCO reports (interest rate sensitivity analysis, budget, margin and income metrics, loan volume and pricing metrics and ad hoc analysis as directed by the Corporate Treasury Department and/or the ALCO).
• Prepares, documents and tests model assumptions including loan prepayment speeds, deposit decay and betas.
• Support finance, risk management, internal audit, business leads and examiners on ALM discussions and analyses. Incorporates feedback into models and metrics.
• Monitors and updates Asset Liability management policies and thresholds.
• Maintains knowledge and understanding of current trends, regulations and issues affecting AML.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior