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Asset Liability Management Analyst in Bay City, MI at Hire Road

Date Posted: 4/25/2019

Job Snapshot

Job Description

Asset Liability Management Analyst

Troy, MI

Summary:

Our client is a leader in the banking industry who is looking to add an experienced and organized Asset Liability Management Analyst. The Asset Liability Management Analyst will work with ALM software to manage data files and run scenarios, reconcile accounts, and ensure all reporting is timely and accurate within the department.

The Asset Liability Management Analyst must have previous experience with an accounting or finance role in the banking industry.

Asset Liability Management Analyst Requirements:

  • Prior ALM software or Interest Rate Risk management experience
  • Experience in the banking industry; knowledge of loans and deposits
  • Understanding of ALM analysis
  • Strong technical skills; experience with ALM software and Excel
  • Bachelor’s degree in Accounting, Finance, or Information Systems
  • Accurate with work; have a high attention to detail and quality

Asset Liability Management Analyst Description:

  • Prepare data files imported from IT and assumption files for ALM
    • Loans, Time Deposits & Non-maturing accounts
    • Interest rates – Treasury, CD rates, Libor & FHLB
    • General Ledger
    • Wholesale borrowing details
    • Investment inventory and cash flows
    • Derivative details
    • Dividend & equalizing information
    • Work with IT staff to communicate for data files from the core
    • Maintain data and ALM setting change control log
    • Balance to the General Ledger
    • Ensure expected and consistent results in yield and cost rates
    • Integrate budget forecasts into ALM system to simulate results per budget
    • Note any changes in the forecasted budget and assumptions
    • Investigate and fix reconcilement outliers
  • ALM scenario modeling
    • Run various scenarios and report impacts on net interest income (NII) and economic value of equity (EVE)
    • Non-parallel scenario modeling
    • Compare, review and report changes in NII & EVE under the varied scenarios

WHO WE ARE

Choosing the Hire Road is about shared success, active and committed partnerships and relationships that last.  Hire Road is solely focused on connecting highly skilled professionals with leading organizations. We are a solutions-based, results-oriented staffing company specializing in a wide range of industry specific practices. To put it simply, we recruit, screen and hire talented people for temporary and full-time positions.

This classification description is intended to indicate the general kinds of tasks and levels of work difficulty that are required of positions given this title and should not be construed as declaring what the specific duties and responsibilities of any particular position shall be.  It is not intended to limit or in any way modify the right of any supervisor to assign, direct and control the work of the employees under her/his supervision.  The use of a particular expression or illustration describing duties shall not exclude other duties not mentioned that are of a similar kind or level of difficulty.

Equal Opportunity Employer

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