VP, ALM Officer

Cathay Bank • El Monte, CA

1d

About The Position

The VP ALM Officer supports Cathay Bank’s (the Bank) asset liability management, interest rate risk oversight, and balance sheet analytics. Reporting to the FVP – ALM Manager, this role has a key part in maintaining the Bank’s ALM modeling framework, producing high‑quality analysis, and supporting strategic balance sheet decisions. The VP partners closely with Treasury, FP&A, Risk, and Finance teams to ensure accurate modeling, strong governance, and effective communication of ALM results.

Requirements

• Bachelor’s degree in Finance, Economics, Accounting, or a related field required.
• 5-7 years of experience in ALM, Treasury, liquidity management, or related financial risk disciplines.
• Understanding of asset liability management principles, interest rate risk measurement, and balance sheet analytics.
• Strong analytical, quantitative, and financial modeling skills.
• Familiarity with regulatory expectations related to interest rate risk, liquidity risk, and model governance.
• Ability to communicate complex financial concepts clearly and effectively.

Nice To Haves

• Advanced degree or professional certification (CFA, FRM, or similar) preferred.
• Prior leadership or team management experience is a plus.

Responsibilities

• Support the Bank’s ALM framework, including modeling, forecasting, and analysis of balance sheet behavior and performance.
• Run interest rate risk simulations (EVE, NII, scenario analysis, sensitivity testing) and assist in evaluating the impact of market rate movements on earnings and capital.
• Maintain the Empyrean ALM model, including data integrity, assumption updates, documentation, and model governance activities.
• Develop and refine behavioral assumptions, prepayment models, and deposit analytics.
• Prepare ALM results, dashboards, and analytical insights for review by the FVP and presentation to ALCO and senior leadership.
• Conduct deposit analytics, including analysis of deposit betas, decay rates, and customer behavior, and support product pricing and deposit strategy.
• Support capital planning by providing ALM inputs into CCAR‑style stress testing, capital adequacy assessments, and long-term financial planning.
• Develop multi‑scenario stress testing frameworks (liquidity, earnings, capital) and support enterprise‑wide stress testing initiatives.
• Partner with the FVP AML Manager and Treasurer on funding mix analysis, investment strategy support, hedging evaluations, and balance sheet optimization initiatives.
• Analyze the investment portfolio and reinvestment strategies to support risk-adjusted returns and balance sheet positioning.
• Coordinate with Model Risk Management on model validations, documentation updates, and remediation activities.
• Support data quality oversight and contribute to enhancements in ALM systems, data pipelines, and reporting automation.
• Prepare ALCO materials, regulatory support schedules, and internal management reporting packages related to interest rate risk, liquidity, and balance sheet performance.
• Partner with FP&A on balance sheet forecasting, scenario analysis, and funds transfer pricing (FTP) support.
• Mentor and guide junior analysts, providing technical coaching and review of analytical work as needed.

Benefits

• This position may be eligible for a discretionary bonus.

What This Job Offers

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